more transparency in VW’s value chain ‘desirable’ By Reuters

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<span>© Reuters. A Volkswagen logo is seen on a Volkswagen ID.5 electric car on display at a showroom of a car dealer in Reze near Nantes, France, November 13, 2023. REUTERS/Stephane Mahe</span><br />
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<p>FRANKFURT (Reuters) &#8211; Volkswagen (ETR:) top 20-shareholder Deka Investment welcomed the positive outcome of an audit into Volkswagen jointly owned plant in Xinjiang, China, but demanded more clarity from the carmaker regarding its supply chain.</p>
<p>&#8220;The audit is a step in the right direction in terms of process and result,&#8221; said Ingo Speich, head of sustainability and corporate governance at Deka Investment. &#8220;More transparency in the value chain would also be desirable.&#8221;</p>
<p>According to LSEG data, Deka Investment owns $99 million worth of Volkswagen&#8217;s preferred stock. </p>
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<br /><a href="https://www.investing.com/news/stock-market-news/deka-investment-more-transparency-in-vws-value-chain-desirable-3250345">Source link </a></p><p>The post <a href="https://forextraderhub.com/more-transparency-in-vws-value-chain-desirable-by-reuters.html">more transparency in VW’s value chain ‘desirable’ By Reuters</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>