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Volkswagen Sales Plunge as German Automaker Lays Out Plan to Slash Number of Brands
Volkswagen has reported weak sales numbers, with a significant drop in China [abcnews.com]:
Volkswagen reported weak sales numbers on Friday, a day after the giant German automaker announced plans to slash the number of models by nearly half as sales plunged, particularly in China.
The Wolfsburg, Germany-based company said group sales fell 8.6% in the second quarter to just under 2.1 million vehicles, with sales in China alone plummeted by more than one-third.
After a board meeting on Thursday, Volkswagen said its “fundamental realignment” over the last three years [apnews.com] had reached its next phase, announcing plans to streamline the model lineup by up to half, without providing specifics.
[...] Volkswagen cited dramatic change over the last year, including geopolitical tensions, rising costs mainly through tariffs, and increasing regulatory requirements alongside growing competition.
Related: Ranked: The Car Brands With the Fewest Problems in 2026 [soylentnews.org]
