
VW to slash models and trim capacity in sweeping restructuring
Volkswagen said it will drastically cut its model lineup—by up to half—and reduce annual production capacity to about nine million vehicles from 12 million, as part of a broader transformation. The move follows a tense boardroom clash and reports of potentially closing four German plants and cutting up to 100,000 jobs, though unions and lawmakers oppose the plan and no final agreement has been reached.













