According to reports, Fox will delay the approval of its investment plan
German media reported on Thursday that the supervisory board of Volkswagen decided to postpone the approval of its investment plan due to ongoing financial uncertainties.
The report indicated that due to the U.S. tariffs on imported cars, a decline in sales in the Chinese market, and uncertainties regarding the electric vehicle outlook, Volkswagen's investment losses next year could reach as high as €11 billion, prompting the supervisory board to adopt a more cautious approach to capital allocation and investment decisions
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