Volkswagen has big problems. A group of leaders agrees on a strict plan. All members want this plan. This is a good sign for the firm.
VW wants to cut up to 60.000 jobs. This affects factories around the world. The management also cuts jobs. The main brand VW loses most jobs. Audi and Porsche also lose jobs.
4 factories in Germany have worries. These are the factories in Emden, Zwickau and Hannover. The Audi factory in Neckarsulm is also there. These factories have no safe orders after 2031. VW checks new ideas for the factories.
One idea is work for defense. Osnabrück builds parts for rockets. VW wants to build half the car models. Rare models stop. Costs go down.
The company wants to save 11 billion euro. VW plans big investments at the same time. 125 billion euro go into the future. The goal is a better Umsatz-Rendite until the year 2030.
