Volkswagen to slash half of its models as sales fall
--------------------------------------------------------------------
Source: The Age
Published: 2026-07-10 08:37 UTC+10:00
Section: Business / Companies
Factuality Score: 100
Opinion Category: Neutral
Topics: China, Germany, Business & Economy
--------------------------------------------------------------------
Snippet:
Volkswagen says it would cut the number of models it offers by as much as half to reduce costs and better compete with Chinese companies. But the German carmaker did not say what those changes would mean for workers who have been bracing for large job cuts and factory closures.
--------------------------------------------------------------------