Home > Business > VW's Blume says overhead costs 30% above rivals, 50,000 jobs figure a guide

VW's Blume says overhead costs 30% above rivals, 50,000 jobs figure a guide

Written By: TDG Syndication
Last Updated: August 21, 2026 20:30:05 IST

BERLIN, Aug 21 (Reuters) – Volkswagen CEO Oliver Blume said the German carmaker's overhead costs remain over 30% higher than those of comparable firms and that it must reduce that disadvantage to stay

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Latest News

The Daily Guardian is India’s fastest
growing News channel and enjoy highest
viewership and highest time spent amongst
educated urban Indians.

Follow Us

© Copyright ITV Network Ltd 2025. All right reserved.

The Daily Guardian is India’s fastest growing News channel and enjoy highest viewership and highest time spent amongst educated urban Indians.

© Copyright ITV Network Ltd 2025. All right reserved.