November 11 – With profits declining, Volkswagen is re-evaluating its investment plans for several German factories and has scrapped a major advanced manufacturing project that had been planned for its Wolfsburg headquarters plant. Volkswagen said Wednesday that, given tight financial conditions, it will no longer implement the "Gamechanger" manufacturing concept in Wolfsburg as previously planned, but will press ahead with development of its next-generation electric vehicle platform and new models, including the planned electric SUV ID. Roc. The move shows that the financial pressure facing Volkswagen is quickly affecting its long-term investment decisions. The group's overall profitability continues to deteriorate, and management is pushing a cost-cutting plan of roughly 31 billion euros (about $34.52 billion) while still needing to invest in new electric vehicles, software, and factories.