Embattled Volkswagen to Kill Off Nearly Half Its Cars
25 Articles
25 Articles
Expensive energy, high production costs and less demand: Volkswagen must streamline its business model. The German location is facing enormous consequences.
Due, among other things, to the weakening sales in the field of electromobility, Volkswagen is now under a cost pressure, which ... The post The big VW pick: 120,000 workstations, four plants and half the model range ahead of the out appeared first on Apollo News.
By 2035, VW plans to cut half of its models outside China. Production is also expected to fall to 9 million cars per year. "There are overcapacity, including in Germany, which must be dismantled," says Oliver Roth, a stock exchange strategist.
Image ID: /clip/62b2302d-dfd4-4349-8c3f-2d7162c1a375_media-libre-aspect-ratio_default_0.jpg Drama, fatal, disaster. These three words, typical of sports newspaper headlines after a defeat, are those that sprouted from the mouth of most of the members of the Volkswagen Group's Supervisory Board, although none of them could speak (the internal code of leaks carries prison sentences).And, what is coming will certainly resemble a journey from the de…
Volkswagen is preparing one of the largest transformations in its history. Following the meeting of the VW Supervisory Board on potential additional cost-cutting measures, Director General Oliver Blume reaffirmed the objective of the car manufacturer's recovery company. The figures announced on Thursday evening by the car giant are so high that they seem hard to believe — and yet they are real. Half the range of models would be eliminated, write…
Volkswagen is changing its offer. By 2030, the company will remove a large part of its models from the range. Car buyers will have to change.
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