Volkswagen sells fewer cars in the first 6 months. The number drops by 6 percent. Business in China is very bad. People there buy 26 percent fewer VW cars. In Europe and America sales are better. The brand Audi sells fewer cars too.
Boss Oliver Blume wants to change the company. The situation is very serious. He wants to close 4 factories in Germany. This concerns Emden, Zwickau, Hannover and Neckarsulm. 120,000 jobs might end by the year 2030. Many car models will end.
The supervisory board rejects the saving plan. The state Niedersachsen and the union are against it. They do not want to close factories. Oliver Blume wants to continue the plan. He wants to lower the costs. Only then is the company competitive.