VW Group CEO Oliver Blume sees no alternative to tough cost-cutting measures at Volkswagen, according to an newspaper interview published on Sunday. “The goal for cost and capacity adjustments has been set,” he told the Bild am Sonntag newspaper. “Costs in Germany have to come down massively,” Blume said. “Our labour cost level here, for example, is often more than twice as high as the average of our European locations.” VW’s works council has said at least three plants in Germany could be closed, though VW has not provided any information on this so far. In the current collective bargaining n…