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Also, this is the perception that VW Group board members are willing to accept today, stemming today’s losses also does nothing to improve competing against the Chinese. VW execs have been warning that the group has too many of everything for years, I think this is only the beginning of a downward trend…cheaper vehicles or go bankrupt.
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Yeah I get it, and therefore a tax deduction!
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Severance pay, pensions, asset writeoffs, lease buyouts, taxes, HR..... etc etc A lot of it is paper losses.
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I've been reading a lot of news articles on VW's woes. But I can't understand how it can cost $18.5 billion to CUT jobs and CLOSE factories! I'd hate to see the price tag for hiring workers and opening factories! Volkswagen To Spend $18.6 Billion On Job-Cutting, Factory-Shuttering Restructuring
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Interesting! Before The F-150, Ford Built 20 Mercury Sable Sedans With Aluminum
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Our neighbor and good friend sells Mary Kay. I tease her about pink cars all the time.
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