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First reported by Financial Post
VW CEO Under Pressure as Labor Unions Torpedo Turnaround Plan

CEO Blume Fails To Pass His Plan To Turn Around Ailing Volkswagen, Unions Get To Turn Off the Lights

Volkswagen is in turmoil, with sales crashing in China, leading to the biggest slump in four years. A plan to overhaul its operations, put forth by CEO Oliver Blume, was rejected after union…

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