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Energy
Volkswagen announces new cuts due to financial troubles
3 sourcesPublished · Updated
Volkswagen has reported a critical financial situation, prompting a review of its economic policy. The management plans to reduce its model lineup by nearly half and simplify configurations.
Key facts
- 2026
- reduction of the model lineup by nearly half
- warning to employees about high costs
Volkswagen · CEO of Volkswagen
Sources3
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