Analysis-China, price cuts and costs: the fuel driving Volkswagen’s crisis
By Victoria Waldersee, Christina Amann and Christoph Steitz BERLIN/FRANKFURT (Reuters) – In May, Volkswagen finance chief Arno Antlitz warned that Europe’s top carmaker had about two or three years to prepare for cut-throat competition from abroad, mainly China. This week, he cut that already-tight timetable by a year, sending shockwaves through the global auto sector …
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