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Volkswagen to Slash Model Range by as Much as 50%
23 hour ago /
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Author：小编
Volkswagen has declared its intention to concentrate on the market segments that hold the greatest appeal. In a strategic move to adapt to shifting global market dynamics and escalating competition within the automotive industry, the company will progressively streamline its model lineup by up to 50%. This initiative will be accompanied by a significant reduction in the complexity of its product system, expected to be cut by as much as 75%. Additionally, Volkswagen will recalibrate its annual production capacity to 9 million units as part of this comprehensive restructuring effort.
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