The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of a sweeping turnaround programme. It brings the total number of roles the company plans to shed by 2030 to 100,000. The group - which includes Audi, Por
Blume said in July that the firm was looking to make the additional cuts. VW will also prioritise the "most compelling vehicles" and make more of each model, which will help lower costs, it said. VW's profits have fallen sharply in recent years, hit by falling sales in China, which was once one of its biggest markets.
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