Volkswagen presents eight strategic levers at Annual General Meeting
CEO Oliver Blume outlined a plan to reduce complexity, cut overcapacities, and boost competitiveness by 2030 with financial targets including 8–10% operating return.
Latest Volkswagen Group News & Updates
See the latest news and media coverage for Volkswagen. We track all announcements, press releases, and industry mentions in real time, all in one place.
Multinational automotive manufacturer and mobility group
volkswagen-group.com- Headquarters
- Wolfsburg, Germany
- Company type
- Public company
- Number of employees
- 100,000+
Last updated
Latest news about Volkswagen Group (Volkswagen)
In short: Volkswagen confronted severe financial pressure, leading to plans for 50,000 job cuts and a fundamental overhaul of its business model.
Company announcements
Volkswagen's Škoda launches production of the new Epiq in Spain
The all-electric entry model is built at the Volkswagen Navarra plant, marking a milestone for synergies within the Brand Group Core.
Volkswagen starts production of CUPRA Raval and VW ID. Polo
The Electric Urban Car Family includes four models from three brands, all made in Spain, aiming to make electric mobility accessible across Europe.
Volkswagen appoints Joost Kessels as Chief Development Officer
He assumes the role on 2026-08-01 and will lead SEAT & CUPRA’s technical development, overseeing the Electric Urban Car Family and the Group’s electric MEB21 platform.
Media coverage
Volkswagen pushes ahead with restructuring as pressures mount
The automaker is moving forward with plans to restructure amid rising geopolitical tensions, intense competitive pressure and ...
Germany's Volkswagen Group on track to cut 50,000 jobs by 2030
German car manufacturing giant Volkswagen Group is on track to cut 50,000 jobs by 2030, chief executive Oliver Blume said on ...
Volkswagen on the brink: When the company's own board members no longer believe in their group
🚨 **VW in crisis!** 6 out of 9 board members consider their own group to be **existentially threatened** – this emerges from an internal anonymous survey! ...
Volkswagen (VWAGY) Implements Unique Measures in $10B Engine Uni
On June 17, 2026, Volkswagen AG VWAGY is making headlines as it adopts distinct strategies to mitigate conflicts of interest during its $10 billion engine...
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