News on this topic

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
More articles on this subject
Previous

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
Next
Similar to This
Previous

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

Paid articlePaywall 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 50,000 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.: 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: 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: 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 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
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: 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
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.

The future of the Osnabrück site – CEO Oliver Blume: VW plans to enter the defense industry
stuttgarter-nachrichten.de/inhalt.zukunft-des-standorts-osnabrueck-konzernchef-oliver-blume-vw-plant-einstieg-ins-ruestungsgeschaeft.971c37aa-db26-457f-884d-16ebe862436e.html
Key FactsVW Osnabrück Shifts Focus to Defense Industry
Apr 29, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
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

Paid articlePaywall Volkswagen to cut 50,000 jobs: Why jobs are disappearing despite billion-euro profits
dieharke.de/der-norden/volkswagen-kuerzt-50-000-stellen-warum-trotz-milliardengewinn-jobs-verschwinden-2EF7J4GABBBKFDHZW2S3VGRMPM.html

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
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 CEO Oliver Blume wants to push ahead with cost-cutting measures and the elimination of 35,000 jobs
welt.de/wirtschaft/article69304ef711f914c89b851b7d/volkswagen-chef-oliver-blume-will-sparkurs-und-abbau-von-35-000-arbeitsplaetzen-vorantreiben.html

Paid articlePaywall 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: 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
Next