Volkswagen Group to cut model range in half

Tackling historic crisis, Volkswagen to cut capacity, model lineup

Volkswagen plans to drastically cut its model lineup and further pare back capacity, as Europe's largest automaker considers a far-reaching overhaul that sources say could co...

Volkswagen to slash model lineup and shrink capacity, no job cuts announced

Volkswagen’s management plans to drastically reduce its model lineup and further cut capacity, although the German auto giant stopped short of announcing sweeping job cuts following tense stakeholder talks. Europe’s largest automaker on Thursday said the model lineup will be gradually cut by up to half over the coming years as it concentrates on the []...Click to read more

Volkswagen will halve its model range, but stays silent on the 100,000 job cuts

Volkswagen has announced plans to gut its sprawling product range as it fights the worst crisis in its history. The carmaker will cut its model lineup by up to half over the coming years, CNBC reports. The group will also shrink production capacity to nine million vehicles a year. That is well below the 12 million [] This story continues at The Next Web

Volkswagen to cut 100,000 jobs, close four Germany factories - report

With profits falling and Chinese automakers in the ascendency, Volkswagen is planning deep cuts in order to shore up its long-term future.

Volkswagen Layoff Plan Could Put Four German Plants and 100,000 Jobs at Risk

Volkswagen is reportedly weighing a much deeper restructuring plan that could include up to 100,000 job cuts and the closure of four German plants, according to Reuters reporting on the automaker’s internal discussions.