Daniela Cavallo

Money Moves

As of September 2026: Negotiated against plant closures and business separation; both set aside

Volkswagen's supervisory board approved a plan to cut 50,000 more jobs, doubling its planned workforce reductions to 100,000 by 2030. Four German plants will phase out their current models between 2031 and 2034, and VW will halve its lineup of roughly 150 models.

Updated Sep 7