Volkswagen’s CEO Just Admitted Its Business Model Doesn’t Work Anymore
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Volkswagen's CEO has reportedly acknowledged that the company's business model is no longer viable. There are indications that the issue may be related to the profitability of its cars, but it is unclear what specific changes or actions the company plans to take. Reports also suggest that other automotive brands, including Porsche, are reassessing their strategies and making significant changes, although the details and implications of these moves are not entirely clear.
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