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Blume and CFO Arno Antlitz aim to completely restructure the company, the business magazine added, citing sources.Volkswagen’s namesake core VW brand and the parts-manufacturing plants would be spun off from the current group structure and incorporated into separate entities, the report said.Over the mid-term, VW is planning to close its production facilities in Hanover, Zwickau and Emden as well as a plant of sister brand Audi in Neckarsulm, all located in Germany, the magazine said, with production to be discontinued once the models currently manufactured there are phased out.
Reporting by Thomas Seythal, editing by Linda Pasquini.
