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Volkswagen to seek 3 billion euro savings between 2020 and 2023

Reuters  |  FRANKFURT 

FRANKFURT (Reuters) - German carmaker Volkswagen on Thursday said it will extend a cost savings and efficiency programme at its core brand beyond 2020 and seek an additional 3 billion euros in cost savings by 2023.The German carmaker said that talks with Ford about extending a potential alliance beyond commercial vehicles continue and remain constructive.Volkswagen said it could cooperate in the area of electric and autonomous cars and that it had plans to increase the number of cars on offer to clients in the United States by at least two sports utility vehicles.VW will also make electric ...

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First Published: Thu, December 06 2018. 16:32 IST