Dossier
model lineup streamlining
Coverage of model lineup streamlining in the Nexus archive.
- Volkswagen’s CEO suggests ‘more intelligent solutions than closing plants’ amid turnaround effort and touts cost cuts
Volkswagen’s CEO Oliver Blume emphasized avoiding plant closures and achieving cost reductions, particularly in Germany, as part of the company’s turnaround strategy. He highlighted a 20% improvement in factory costs in Germany last year and announced plans to streamline the model lineup by up to half, though specifics remain unclear.