- Volkswagen AG Pref (VOW) is weighing major job cuts and plant closures, including a possible shutdown of its autonomous vehicle unit, ahead of the July 24 earnings report and strategy update.
- Volkswagen AG Pref (VOW): Cariad and Bosch ended their Level-2 ADAS joint project. Both keep IP and data and may continue separate development. Termination excludes Level-3 tech.
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Key facts: Volkswagen Weighs Major Cuts; Cariad-Bosch End ADAS Project
Volkswagen AG Pref (VOW) is weighing major job cuts and plant closures, including a possible shutdown of its autonomous vehicle unit, ahead of the July 24 earnings report and strat