Widescale changes at Europe's biggest carmaker. Volkswagen is gearing up for a massive overhaul to increase efficiency and double profitability. According to several media reports, the carmaker wants to cut costs and increase annual results by €3 billion. The company's core brand VW, which has been posting lacklustre profit margins seems to be focus. According to local media, no job cuts are planned in the revamp. We speak to Christian Stadler, Professor of Strategic Management at Warwick Business School.

Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1

For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
►Twitch: https://www.twitch.tv/dwnews_hangout
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch

#volkswagen #china #mobility