Quartz·1 min read·medium
Volkswagen is planning to cut its model lineup by up to 50% and shrink production capacity
✦AI Summary
Volkswagen is initiating a major restructuring plan to reduce its model lineup by up to 50% and shrink overall production capacity. The automaker aims to focus on high-demand market segments to optimize its target capacity of 9 million vehicles.
The German automaker will concentrate on the most attractive market segments as it targets 9 million vehicles per year in capacity
businesstechnology
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