It’s no secret that the Volkswagen Group has been in a tough spot over the last few years. Sales haven’t been great, and the company has been sinking a lot of money into brands that either aren’t selling cars yet (Scout) or are having sales crises of their own (Porsche). VW has even been looking at big layoffs. Based on VW’s just-released earnings report for the first quarter of this year, it looks like tough times may be continuing for a while.
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