Volkswagen is planning to cut its model lineup by up to 50% and shrink production capacity
The German automaker will concentrate on the most attractive market segments as it targets 9 million vehicles per year in capacity
Read the full articleYou might also wanna read
Why Is Volkswagen Slashing Its Model Lineup
It will gradually reduce its model range by up to 50% over the coming years, focusing on its strongest market segments
Volkswagen announces plan to cut model lineup
Volkswagen announced plans on Thursday to drastically pare back its model lineup and further reduce production capacity
VW Group Could Cut Half Its Models As Part of Massive Overhaul to Stay Competitive
The automaker announced plans on Thursday to focus in "on the most attractive market segments."
VW targets model cuts of up to 50% after board showdown
Volkswagen plans to cut its sprawling model lineup by as much as 50%, a savings push that was announced after a closely watched supervisory
Volkswagen will dramatically shrink its model lineup and factory footprint
It follows reports of 100,000 jobs being under threat at the German automaker.
Volkswagen to Cut Lineup 50%, but Fails to Agree on 100,000 Job Cuts
Volkswagen agreed to cut its model lineup by up to 50% but failed to reach agreement on plans for up to 100,000 job cuts amid strong union o
Comments
Sign in to join the conversation.
No comments yet. Be the first.