The board of Volkswagen (OTCPK:VLKAF)(OTC:VLKPF)(OTCPK:VWAGY)(OTCPK:VWAPY) has prepared plans to save 4B euros ($4.3B) at its struggling namesake brand, Handelsblatt reported Sunday.

According to the report, the plans include a 10% across-the-board pay cuts and the suspension of raises next year and

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