BUSINESSENGADGET
Volkswagen will dramatically shrink its model lineup and factory footprint
Volkswagen will significantly reduce its model lineup and factory footprint. The decision follows reports that 100,000 jobs are at risk at the German automaker.
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Adjacent reporting
- Volkswagen is planning to cut its model lineup by up to 50% and shrink production capacity
- Volkswagen to slash model lineup and shrink capacity — but no word on job cuts
- Volkswagen sales plunge as German automaker lays out plan to slash number of brands
- Volkswagen sales plunge as German automaker lays out plan to slash number of brands