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"German Car Manufacturer Volkswagen Is Running Out of Money"
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According to the local newspaper Bild, Volkswagen lacks funds to produce new car models due to cash flow problems and an €11 billion deficit for next year. Porsche has stopped generating profits, and parent company Volkswagen is also in a poor position, the newspaper says. Without fresh capital, there will be no money to develop new car models or invest in technology and facilities. "Currently, cuts are occurring almost everywhere—in marketing, …
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