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Volkswagen (VOW3 GY) says model lineup will be gradually concentrated on the most attractive market segments and streamlined by up to 50%; Production capacities are being adjusted and targets 9mln vehicles per year

StockNow breaking-news AI analysis

Volkswagen is cutting its model lineup by 50% and capping production at 9 million units to focus on profitability amidst Chinese competition and weak EV demand.

News detail

The automotive core business is at the centre of all activities: the equity and investment portfolio is being focused on strategic contribution and return.

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