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Automakers

VW Group swings to Q2 loss, cuts dividend

VW on line 900x540.jpg
(Bloomberg)
CR
By:
CHRISTOPH RAUWALD
B
By:
Bloomberg
|
July 30, 2020 06:21 AM

Volkswagen Group cut its dividend after losing 2.4 billion euros ($2.8 billion) in the second quarter, when the COVID-19 pandemic shuttered showrooms and factories in key markets.

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