Open post br00t4c @br00t4c@mastodon.social · 3mo ago VW profits plunge and deep job cuts loom amid tough Chinese competition #Volkswagen #AutomotiveNews #ChinaMarket #JobCuts #CostCutting theguardian.com Mass job cuts loom at VW as profits fall steeply on China sales slump Carmaker expects to sell 3% fewer vehicles this year as it pushes through a programme that could eliminate 100,000 roles