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Unions force VW to axe consultants in clash over cost cuts

People pass row of Volkswagen e-Golf cars during company's annual news conference in Berlin

By Edward Taylor and Andreas Cremer

Volkswagen’s €5 billion ($6.68 billion) cost-savings plan hit a major setback after labor leaders forced management to axe McKinsey, the consultants working out the cuts, three sources with knowledge of the matter told Reuters on Thursday.