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Volkswagen shares jump 7% after biggest-ever turnaround agreement

  • Volkswagen’s supervisory board agreed on the group’s biggest-ever turnaround.
  • Volkswagen shares were up 7% in early Frankfurt trading.
  • The agreement was reached late Thursday by Europe’s largest automaker.

Volkswagen AG shares rose 7% in early Frankfurt trading after the supervisory board of Europe’s largest automaker agreed late Thursday on the group’s biggest-ever turnaround. The report was written by Christoph Steitz and edited by Ludwig Burger.

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