VW CFO Calls for ‘Decisive Action’ Ahead of Next Round of Talks

Volkswagen AG needs to take “decisive action” at its German factories to return them to full operating capacity, Chief Financial Officer Arno Antlitz said.

“Our aim is for our factories to be humming with activity,” Antlitz said Thursday at a conference hosted by Goldman Sachs in London. “The alternative is highly detrimental: each underutilized factory gradually bleeds out, becoming inefficient and continuously losing competitiveness.”