EVsCarScoopsabout 2 hours ago
VW Group to Cut Half Its Models by 2030
6 min read
The Volkswagen Group will slash up to 50 percent of its global model portfolio by 2030, cut 75 percent of complexity, and resize manufacturing to 9 million vehicles annually. The restructuring targets an 8 to 10 percent return band and may involve up to 100,000 job cuts and four German plant closures.
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