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28,000 job losses confirmed: The VW restructuring becomes reality
28,000 job losses confirmed: The VW restructuring becomes reality: VW is cutting 35,000 jobs, factory costs are falling by 20 percent. But Trump's tariffs ...
giessener-allgemeine.de/wirtschaft/28-000-austritte-fix-der-vw-umbau-wird-realitaet-zr-94351097.html
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28,000 departures confirmed: The VW restructuring becomes reality
28,000 departures confirmed: The VW restructuring becomes reality: VW is cutting 35,000 jobs, factory costs are falling by 20 percent. But Trump's tariffs ...
op-online.de/wirtschaft/28-000-austritte-fix-der-vw-umbau-wird-realitaet-zr-94351097.html
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Electric car sales: BYD is leaving established car manufacturers in the ...
Electric car sales: BYD is leaving established car manufacturers in the dust: The Chinese car manufacturer BYD is currently setting new records in sales of ...
winfuture.de/news,162394.html
Volkswagen: Cavallo Warns of Up to 115,000 Job Cuts at VW in Germany
Volkswagen: Cavallo Warns of Up to 115,000 Job Cuts at VW in Germany: At a series of employee meetings, VW CEO Blume must explain how he plans to restructure the ...
handelsblatt.com/unternehmen/industrie/volkswagen-cavallo-warnt-vor-abbau-von-bis-zu-115.000-vw-jobs-in-deutschland/100249487.html
Works meeting at VW: Pressure mounts on VW CEO Blume in Emden - | up to 50 ...
Works meeting at VW: Pressure mounts on VW CEO Blume in Emden - | up to 50,000 jobs at risk across Europe
nwzonline.de/region/sparpaket-bei-vw-konzernchef-blume-muss-sich-fragen-der-belegschaft-in-emden-stellen_a_4,3,1580783274.html
Up to 140,000 jobs could now be cut at VW.
Up to 140,000 jobs could now be cut at VW.: How drastic will the cost-cutting package from VW CEO Blume be? The employee representatives expect a ...
diepresse.com/41201302/vw-betriebsrat-lehnt-kuendigungen-und-werksschliessungen-ab
100,000 jobs are at risk: Volkswagen faces a historic turning point
100,000 jobs are at risk: Volkswagen faces a historic turning point: The VW supervisory board will meet from Thursday midday to discuss a cost-cutting program of ...
diepresse.com/35827840/100000-jobs-sind-gefaehrdet-volkswagen-steht-vor-einem-historischen
VW cutbacks: Four plants to close, 40,000 jobs at risk
VW cutbacks: Four plants to close, 40,000 jobs at risk: Volkswagen plans to close four German plants starting in 2031. 40,000 jobs are at stake ...
op-online.de/wirtschaft/vw-kahlschlag-vier-werke-dicht-40-000-jobs-vor-dem-aus-zr-94389435.html
VW austerity measures: 28,000 job cuts confirmed
VW austerity measures: 28,000 job cuts confirmed: VW CEO Blume takes stock at the annual general meeting: 28,000 voluntary departures have already been agreed ...
schwaebische.de/wirtschaft/sparkurs-bei-vw-abbau-von-28-000-stellen-fix-4653363
Key FactsVW Targets Major Job Cuts and Capacity Reduction
Jun 18, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: schwaebische.de
  • VW CEO Oliver Blume highlighted worsening industry conditions in 2026 requiring strategic responses from the company.

  • The 2030 vision aims for VW to become the most attractive car manufacturer globally with an 8–10% profit margin.

  • The core brand workforce will shrink by 19,000 employees by the end of 2026, with 28,000 voluntary exits already agreed.

  • European plant capacity will be cut by 500,000 vehicles by 2030, on top of a one million vehicle reduction planned by 2028.
  • 28,000 voluntary exits have already been agreed.
    — Oliver Blume, VW CEO, at the company's annual general meeting (per an advance public manuscript)
Volkswagen: CEO Blume plans savings of 6 billion euros annually by 2030
Volkswagen: CEO Blume plans savings of 6 billion euros annually by 2030: VW CEO Oliver Blume wants to restructure the company using eight levers: leaner, faster ...
waz-online.de/lokales/wolfsburg/volkswagen-konzernchef-blume-plant-einsparungen-von-6-milliarden-euro-jaehrlich-bis-2030-TC6ZEHSJ7FD4XDJM7P6EMJWDJE.html
Key FactsVolkswagen to Cut Thousands of Jobs by 2030
Jun 11, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: manager-magazin.de
  • Volkswagen will reduce its German workforce by 19,000 employees by the end of 2026.

  • More than 28,000 departures have been contractually agreed upon through 2030.

  • Factory costs at German locations have already decreased by more than 20 percent.

  • Savings programs aim to achieve annual net reductions of six billion euros starting now.
  • By 2030 we are aiming for annual net savings of six billion euros.
    — Oliver Blume, Volkswagen CEO, said this in the speech text for the upcoming annual general meeting.
Key FactsVW Osnabrück Shifts Focus to Defense Industry
Apr 29, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
  • The VW plant in Osnabrück will cease manufacturing VW vehicles starting in 2027 and is exploring opportunities in defense.

  • CEO Oliver Blume clarified that VW will not produce weapons but may develop military transport vehicles.

  • The company aims to overhaul its business model by 2030, focusing on cost efficiency and streamlining product lines.

  • Global production capacity is planned to be cut by one million vehicles to address excess capacity.
  • We will not produce any Volkswagen Group products in Osnabrück from 2027 onward, and are therefore in intensive talks with companies in the defense industry.
    — Oliver Blume, CEO of VW, in an interview with Bild on Wednesday about the Osnabrück site strategy
Electric Volkswagen for 25,000 euros: VW CEO Blume announces affordable ...
Electric Volkswagen for 25,000 euros: VW CEO Blume announces affordable electric cars
businessinsider.de/wirtschaft/e-volkswagen-fuer-25-000-euro-vw-chef-blume-kuendigt-guenstige-elektroautos-an/
Key FactsVW to Launch Affordable Electric Cars Starting at €25,000
Jan 28, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: businessinsider.de
  • Oliver Blume identifies growth potential for Volkswagen from the EU-India trade agreement with reduced tariffs.

  • The German electric vehicle subsidy is seen as a positive incentive encouraging broader customer adoption.

  • Volkswagen intends to introduce affordable electric cars, including the ID.Polo, priced from €25,000 soon.

  • US investments depend on predictable tariffs and costs, while Germany remains a key focus for future success.
  • We stand for free and fair global trade. We are a long-term investing industry and need reliable conditions.
    — Oliver Blume, CEO of Volkswagen, discusses the need for reliable trade conditions for the automotive industry.
Volkswagen: VW CEO Oliver Blume must fear for support from the Porsches.
Volkswagen: VW CEO Oliver Blume must fear for support from the Porsches.: Porsche is struggling, and Volkswagen's plans are uncertain. In the midst of the most ...
handelsblatt.com/unternehmen/industrie/volkswagen-vw-chef-oliver-blume-muss-um-rueckhalt-bei-den-porsches-bangen/100176154.html
Four new electric cars from VW – market launch planned from €25,000
Four new electric cars from VW – market launch planned from €25,000: VW is presenting four new electric models from three group brands at the IAA Mobility ...
freiepresse.de/nachrichten/wirtschaft/vier-neue-e-autos-von-vw-marktstart-ab-25-000-euro-geplant-artikel13946828