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Volkswagen Supervisory Board to Review Possible Divestiture of Passenger Vehicles and Components

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Sig3.35Sen-3.10Env0.00Soc-2.05Gov-2.35

Volkswagen is pushing forward its largest-ever transformation plan amid shareholder clashes and tension with labor unions. The supervisory board is due to meet to discuss the restructuring, which may include divesting the passenger vehicle and components businesses as the automaker responds to pressure in global markets and seeks to reshape its position in Europe and beyond.

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