Volkswagen burning through $2.2 billion a week as coronavirus stops production

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Volkswagen may have to cut jobs if the coronavirus pandemic is not brought under control as the German automaker is still spending about 2 billion euros ($2.2 billion) a week, CEO Herbert Diess informed German TV channel ZDF. Diess informed the Markus Lanz talkshow that the German company, which hires 671,000 people globally, was not making any sales outside China […]