Volkswagen faces job cuts and plant closures as turnaround plan moves forward

Volkswagen faces further job cuts and plant closures while Chinese carmakers race to develop faster EV charging technology
The Volkswagen AG (VW) headquarters and auto plant complex next to the train station in Wolfsburg, Germany, on Tuesday, Feb. 28, 2023.

The Volkswagen AG (VW) headquarters and auto plant complex next to the train station in Wolfsburg, Germany, on Tuesday, Feb. 28, 2023.

Volkswagen CEO Oliver Blume may have got the green light from stakeholders for his turnaround plan, but he faces tough talks in Germany over job cuts and plant closures, as well as fundamental questions over the automaker's US strategy.

Here is a guide to what comes next.

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