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Report – Volkswagen will meet its 2017 cost-cutting goal


Volkswagen CEO, Martin Winkerton, has said according to a source that the carmaker is on the right track to reach its goal of cutting costs at its core division by nothing less than €5 billion by 2017. Winkerton, representing the Europe’s largest carmaker, stated this summer that costs needed to be cut at the passenger-car brand which is Volkswagen’s largest division ...
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[Video] Elon Musk could step down as Tesla’s CEO in just four years
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