💨 Abstract

Lower Saxony's Economy Minister Olaf Lies, set to be the new state premier, promises continuity in Volkswagen oversight. Current premier Stephan Weil, a VW board member, steps down due to health issues and wants Lies to succeed him. Weil and the Greens have been governing Lower Saxony, a battleground state between SPD and conservatives. VW is reducing costs by cutting capacity and jobs.

Courtesy: theprint.in

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