Volkswagen’s board of directors on Thursday approved a sweeping cost-cutting plan that would cut 50,000 jobs, slim the company's model line by half and end auto production at four German plants. Read more:

Volkswagen’s board of directors on Thursday approved a sweeping cost-cutting plan that would cut 50,000 jobs, slim the company's model line by half and end auto production at four German plants. Read more: ↧ Volkswagen board approves cutting 50,000 more jobs and ending produ... Volkswagen’s board has approved a major cost-cutting plan to counter low-cost competition in China and U.S. tariffs