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German automaker Volkswagen rebuffed accusations about waging an unfair price war in Europe by demanding that Fiat CEO Sergio Marchionne step down as chairman of European auto trade group ACEA.

Marchionne, who is also head of Chrysler, said this week Volkswagen was being too aggressive in its pricing strategy when conditions are already tough in the European auto industry.

 


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Volkswagen Demands Marchionne Step Down From Trade Group Over Comments

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