⌂ Home News VW Group to Cut Half Its Models by 2030, Iconic Nameplates at Risk

VW Group to Cut Half Its Models by 2030, Iconic Nameplates at Risk

VW Group to Cut Half Its Models by 2030, Iconic Nameplates at Risk
Volkswagen Group vehicle lineup
A A Text Size16px

The Taigo crossover overlaps with the T-Cross, and the combustion Polo is expected to leave Europe in favor of the electric ID.

>>> British Royals Hold Separate Events During Prince Harry's UK Visit

Polo. The ID.

Buzz has underperformed, putting a second generation in doubt.

Skoda's Scala hatchback has slim odds of a successor, and Seat may see a reduced role as Cupra takes priority.

Audi has already dropped the A1 and Q2, with the upcoming A2 E-Tron taking entry-level duty. The aging A8 flagship and Sportback coupe-SUVs could be reconsidered.

Porsche's Taycan and Panamera sedans might merge into a single model, and bodystyles like the Taycan Sport Turismo and Cross Turismo are on shaky ground.

Lamborghini recently shelved its first EV, while Bentley continues with its electric SUV.

Reports of a possible sale of Lamborghini and Ducati have surfaced, and Porsche has offloaded its stake in Bugatti Rimac.

CFO Arno Antlitz emphasized the need for structural improvements: "We must fundamentally realign our business model and achieve structural, sustainable improvements.

This includes improving cost structure, reducing overhead, increasing plant efficiency, and accelerating technology development."

>>> Invictus Games Faces Funding Crisis Ahead of Birmingham 2027

CEO Oliver Blume concluded: "Our goal is clear: by 2030, we will make the Volkswagen Group more resilient, efficient, and agile."

A
Editors Team
Author: Angkasa Pura
📰 Latest Updates