Volkswagen sales plunge as German automaker lays out plan to slash number of brands

Volkswagen sales plunge as German automaker lays out plan to slash number of brands
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Volkswagen reported weak sales numbers on Friday, a day after the giant German automaker announced plans to slash the number of models by nearly half as sales plunged, particularly in China. The Wolfsburg, Germany-based company said group sales fell 8.6% in the second quarter to just under 2.1 mi...