VW owners back job protection in crisis
BERLIN (Reuters) - Volkswagen's VOWG_p.DE controlling families have spoken out in favor of protecting jobs at the embattled carmaker as it struggles to find a way out of its emissions scandals.
"Jobs are a very valuable asset," Wolfgang Porsche, chairman of family-owned majority shareholder Porsche Automobil Holding SE (PSHG_p.DE: Quote), told a gathering of 20,000 workers at VW's main plant in Wolfsburg on Wednesday.
"This asset mustn't be squandered," Porsche said in a statement published by VW's works council.
(Reporting by Andreas Cremer; Editing by Maria Sheahan)
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