Volkswagen (VWAGY) CFO Arno Antlitz said that the next step to making the car maker’s German factories competitive was to improve productivity by increasing the number of vehicles made per worker, Reuters’ Victoria Waldersee reports, citing comments to investors. Antlitz said that the cost-cutting agreement reached with unions last month tackled the company’s problems of high labor costs and capacity underutilization, the author says. “We will only invest in competitive plants. Germany cannot be an exception,” Antlitz said.
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