Volkswagen Targets 50% Cut to Model Lineup Under 2030 Strategy

03:23 AM EDT, 07/10/2026 (MT Newswires) -- Volkswagen (VOW.F) said Thursday it intends to streamline its model lineup and reduce the complexity of its offering as part of its 2030 strategy. The German carmaker is targeting a gradual streamlining of up to 50% for its model lineup, as well as a shift in focus to market segments deemed most attractive. The group also aims to cut the complexity of its offering by 75%. The company said the plan will allow it to divert its resources to products and technologies that generate the most value for the group and its customers.