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Volkswagen's China production and EV
Volkswagen Group faces a twofold crisis in China, with its market share halving since 2020 and its joint venture plants reportedly operating at low capacity
Every Auto Industry story tagged Volkswagen Group.

Volkswagen Group faces a twofold crisis in China, with its market share halving since 2020 and its joint venture plants reportedly operating at low capacity

Volkswagen Group's supervisory board has approved Future Plan 2030, which includes a further 50,000 job cuts across the group.

Volkswagen's board will recommend closing four German factories from 2031 to 2034, shifting production of new models to other group plants.