Daily Market Updates: Volkswagen investor urges faster overhaul to fend off Chinese rivals

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Volkswagen investor urges faster overhaul to fend off Chinese rivals

Reported · Written up by our desk · Europe

Volkswagen’s controlling families have called for the automaker to move faster with its overhaul plans as competition from Chinese car brands intensifies, according to CNBC Markets.

CNBC World reports that Volkswagen’s top investor pressed the company to take immediate action to better fend off the growing threat from Chinese rivals.

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Sources

CNBC MarketsVolkswagen controlling families call for faster overhaul to fend off Chinese rivals

CNBC WorldVolkswagen controlling families call for faster overhaul to fend off Chinese rivals

Global Markets

Volkswagen investor urges faster overhaul to fend off Chinese rivals

More like this

Sources

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