WS #11749
Volkswagen plans to slash model lineup by 50%, cut product complexity by 75%, and reduce annual production capacity to 9 million vehicles, signaling major restructuring amid global challenges. Delta Air Lines reports Q2 earnings Friday with expected EPS of $1.47-$1.50 on revenue ~$18.6B-$18.85B; options imply 6.86% move; fuel costs a key focus amid Iran conflict.
Volkswagen Deep Restructuring
Volkswagen plans to slash model lineup by 50%, cut product complexity by 75%, and reduce annual production capacity to 9 million vehicles, signaling major restructuring amid global challenges.
Delta Air Lines reports Q2 earnings Friday with expected EPS of $1.47-$1.50 on revenue ~$18.6B-$18.85B; options imply 6.86% move; fuel costs a key focus amid Iran conflict.