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The Economic Times
The Economic Times
National

Volkswagen rescue plan 'short on specifics' after tense stakeholder talks

BERLIN: ​Volkswagen management had little to ​show on Friday from talks with the group's stakeholders, ​laying bare the difficulties in overhauling Germany's creaking auto giant at a time of existential challenges for the industry.

A meeting of the supervisory board ended on ‌Thursday night without ⁠any ⁠mention from the company on the job cuts or plant closures that sources ​close to the matter said CEO Oliver Blume would put to the committee.

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