VW aims to cut models by up to 50% after board showdown
Volkswagen’s headquarters and factory are in Wolfsburg, Germany. (Yen Duong/Bloomberg) July 9, 2026 4:30 PM, EDT key takeaways: Volkswagen plans to cut its model lineup by up to 50% after a July 9 supervisory board meeting. VW said low China profits, weak European demand, US tariffs and Chinese competition made existing cost cuts inadequate. Labor
