Volkswagen ID5, Audi Sportbacks and Porsche variants could face the axe amid VW’s financial struggles
6 Articles
6 Articles
The Volkswagen Group reorganizes its business and several emblematic models, such as Jetta and Taycan, appear among those that could stop being manufactured.
The first European manufacturer is going through a difficult period. Despite its size and industrial weight, the group struggles to stop the decline in sales and the deterioration of its margins. Tens of thousands of jobs are threatened and some production sites could close their doors. Faced with this situation, the management seems to have become aware that an oversized range is becoming a burden rather than an asset. Reducing the number of mo…
Porsche should not escape the cuts in the Volkswagen Group, which include the 50 percent reduction in the range of models. And there are two of the Stuttgart manufacturer who can have the days counted.
WOLFSBURG. The Volkswagen Group is intensifying its austerity policy. Head of the Group Oliver Blume has for the first time confirmed that up to 50,000 jobs could be lost during the conversion process. Several vehicles are already regarded as run-out models or are at least facing an uncertain future.
Volkswagen ID5, Audi Sportbacks and Porsche variants could face the axe amid VW’s financial struggles
This post appeared first on Chasing Cars. Volkswagen Group has outlined a plan to discontinue half of the approximately 150 models it offers, including the slow-selling ID5, Audi’s much-loved Sportback models and dial back Porsche’s customisation, as it contends with American tariffs and Chinese competition. Figures announced by the German conglomerate on Friday revealed deliveries in the first half of 2026 dropped six percent versus the same p…
The Volkswagen Group is studying a significant reduction in its range to simplify costs and strengthen profitability; several models of Volkswagen, Audi, Porsche, Skoda, SEAT and Cupra appear among the candidates; for now there is no official confirmation, but rumors point to a major reorganization. The Volkswagen Group continues to shape a major reorganization of its business with the aim of reducing costs, simplifying its range and cutting off…
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