🚘 As part of a broad cost-cutting and expense-reduction program, the automaker Volkswagen is reviewing the sale of 8.33% of Audi shares in the Bayern Munich club. Porsche shares in the Stuttgart club are also under review, and Volkswagen’s partnership status with Wolfsburg is being evaluated as well. The news comes as reports were released last week saying Volkswagen intends to cut 100,000 jobs. The program is set to be presented to Volkswagen’s supervisory board on July 9. 🔴