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43DOOM SCORE
Volkswagen chief warns the carmaker's situation is more than critical
Germany
First seen: Aug 23, 2026, 4:16 PM UTCUpdated: Aug 23, 2026, 4:16 PM UTC
WHAT HAPPENED
Volkswagen's chief executive described the company's situation as more than critical. The headline signals serious pressure on a major global automaker.
SO WHAT?
Further deterioration could affect jobs, suppliers and industrial output.
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