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In the wake of its diesel and CO2 emissions cheating scandal, the Volkswagen Group has undertaken a massive cost-cutting program that CEO Matthias Muller says will lead to anything not being absolutely necessary either getting canceled or postponed. VW has already confirmed that its investment bill for 2016 will be reduced by $1 billion euros , and now there are reports the automaker has identified as much as 1.9 billion euros in cost savings.
from Volkswagen News http://ift.tt/1No4Ror
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