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VW Group CEO hints at company changes


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Volkswagen chief warns ‘sacred cows’ need slaughtering

Herbert Diess tells top managers that radical change is needed to survive industry upheaval.

Be interesting to see whether changes extend into Porsche. 

From an article in the Financial Times online:https://www.ft.com/content/8ba1dde4-3869-11ea-a6d3-9a26f8c3cba4

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Porsche SE currently hold over 50% of equity in VW group ,,,,if they are looking at trimming some fat I would think you would start with the area,s that are making the least return $$$$ ,Porsche AG increased its sales figures by 10% last year and seem to be on track for 2020 with the new models in the range ..

The next 12 months will certainly be interesting ..

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