Volkswagen's supervisory board unanimously approved CEO Oliver Blume's Future Plan 2030, authorizing 50,000 additional job cuts and €135 billion

Volkswagen’s board has approved a major cost-cutting plan to counter low-cost competition in China and U.S. tariffs

Volkswagen announces plans to cut 100,000 jobs by 2030, marking a historic restructuring amid economic challenges.

Volkswagen’s board backs 50,000 additional job cuts, fewer models and a smaller industrial footprint as the carmaker targets a 9% margin by 2030.