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Volkswagen workforce reductions and Chinese automotive sector recovery impact Slovakian manufacturing
SMELO·SK · CN · DE·3 days ago
Volkswagen Group España Distribución recorded a 62% increase in annual profits to 44.2 million euros, facilitating a 34 million euro dividend payout to its parent company. The performance reflects strong regional demand across the group's automotive brands, though the sustainability of this growth margin remains subject to broader European automotive market volatility.