Volkswagen’s historic restructuring is not enough, the company’s chief financial officer has warned, citing a “huge risk [that] complacency kicks in again” before Europe’s largest carmaker can transform itself.
“We are not done yet. The real proof that we can perform the programme and implement it 100 per cent still hasn’t come,” chief financial officer Arno Antlitz told the FT’s Future of the Car summit on Tuesday.
“There is a huge risk that once a programme like this delivers the first results, then complacency kicks in again.”
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