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Volkswagen to cut 50,000 jobs as profits drop

3mon 9d ago by piefed.social/u/misk in europe@lemmy.dbzer0.com from www.bbc.com

Europe's largest carmaker said post-tax profits had dropped to their lowest level since 2016.

it happens. Very expensive cars that aren't more reliable than 2010s and 2000s counterparts, super expensive to repair and maintain. Now with all the electric market, european brands are lagging behind to chinese brands. I want european brands to thrive, but damn, sometimes I think "they've been forgetting what people want for a while now"

Thank you The Mastodon Team, I can finally retire! 🙌🏿