Volkswagen перестраивает бизнес: сокращение моделей до 75 авто и закрытие заводов

The Volkswagen Group undergoes massive restructuring

By 2030 the company plans to reduce its model lineup from 150 to just 75 vehicles

Up to four factories, including the major Audi Ingolstadt plant, may close

"We are in the biggest transformation in the history of the global automotive industry" says CEO Oliver Blume

The Seat brand will be completely eliminated as it becomes a distraction for more successful Cupra models

CEO Oliver Blume emphasizes efficiency gains and simplification of product portfolio

Production targets are being lowered from 11 million cars in 2019 to 9 million by 2030