The restructuring would further scale back production, reduce model complexity and consolidate R&D as the automaker seeks to improve margins and resilience
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The Volkswagen Group administration building and Volkswagen Tower in Wolfsburg, Lower Saxony, Germany, on July 9, 2026. Photo: VCG
Volkswagen announces plan to cut model lineup
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Plant closures possible as part of German carmaker’s efforts to create resilience in face of competition from China
Volkswagen announced plans on Thursday to drastically pare back its model lineup and further reduce production capacity
Volkswagen is set to cut 100,000 jobs, and end production at four of its plants, as part of a restructuring to counter Chinese…
Volkswagen plans to drastically cut its model lineup and further pare back capacity, as Europe's largest automaker considers a…
Volkswagen said on Thursday it would reduce production capacity as part of a sweeping overhaul aimed at making the group leaner…
Sources have said VW considering closing four German plants and cutting up to 100,000 jobs. Read more at straitstimes.com. Read…
