Dozens of models of the VW group are leaving in order to realize billions of euros in savings.
The Volkswagen Group continues a major business reorganization program with the aim of increasing efficiency and reducing costs.
This automobile giant has announced that the costs of German factories have already been reduced by more than 20 percent during 2025, while by the end of the decade it is planned to eliminate as many as 50,000 jobs in the companies Volkswagen, Audi, Porsche and the software company CARIAD.
At the annual meeting, a new transformation plan based on eight key initiatives was presented. One of the main goals is to reduce the complexity of the offer, which means a smaller number of models and versions.
The focus will be on the best-selling cars, while less successful models will gradually disappear from the offer.
The Volkswagen Group also plans to reduce the number of mechanical platforms and electronic architectures in order to speed up the development of new vehicles and further reduce production costs.
The plan also includes optimization of production capacities in factories where demand no longer justifies the existing volume of production.
If the strategy is successfully implemented, the company expects annual net savings of more than six billion euros by 2030.
CEO Oliver Blume admits that market conditions remain challenging, but believes these measures will strengthen the group’s position in the coming years, reports B92.
The first steps are already visible. Audi discontinued the A1 and Q2 models, Volkswagen said goodbye to the Touran, while the T-Roc Cabriolet and Touareg will be discontinued in the coming years.
At the same time, the company is preparing the arrival of new models such as the VW ID. Polo, Cupra Raval, Škoda Epiq, Audi A2 and Škoda Peaq.
