Automotive

VW Scraps Models To Shift Focus

Telling it like it is - Another OEM is working toward releasing more EVs by 2030. Seriously haven’t they all said this already?
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VW Scraps Models To Shift Focus

Volkswagen CFO Arno Antlitz said the company is looking to focus on quality and margins rather than volume and market share. By 2030, the company plans to eliminate many ICE models and reduce overall production volume. 

The change comes as a sign of significant changes in the auto sector and a 180 for VW. The company plans to cut models by 60% across all its brands.

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