The Volkswagen Group said on July 9, local time, that it will advance “future plans”, gradually streamline the model lineup, reduce the number of models by up to 50%, and reduce product configuration complexity by up to 75% to improve efficiency and concentrate resources to develop a high-return market. According to Volkswagen, the company will further integrate technical platforms, electronic architectures and software systems, reduce repeated R&D, and adjust the production system at the same time, aiming to match the annual production capacity to about 9 million vehicles. The Group will also focus on core automotive businesses and optimize investment portfolios to improve capital efficiency. Volkswagen said it has completed product, technology and regional strategic adjustments in the past three years, and offset billions of euros of external cost pressure through cross-brand performance projects. Future plans aim to address challenges such as geopolitics, tariffs, rising costs, and increased global automobile competition.

The Volkswagen Group said on July 9, local time, that it will advance “future plans”, gradually streamline the model lineup, reduce the number of models by up to 50%, and reduce product configuration complexity by up to 75% to improve efficiency and concentrate resources to develop a high-return market. According to Volkswagen, the company will further integrate technical platforms, electronic architectures and software systems, reduce repeated R&D, and adjust the production system at the same time, aiming to match the annual production capacity to about 9 million vehicles. The Group will also focus on core automotive businesses and optimize investment portfolios to improve capital efficiency. Volkswagen said it has completed product, technology and regional strategic adjustments in the past three years, and offset billions of euros of external cost pressure through cross-brand performance projects. Future plans aim to address challenges such as geopolitics, tariffs, rising costs, and increased global automobile competition.