Volkswagen is reducing its model lineup by 50% as part of a major restructuring. The company will also streamline equipment options by 75%. These moves respond to falling European demand, rising Chinese competition, and U.S. tariffs.
Profits from Chinese joint ventures plummeted by more than 80% over the last decade. Overall profit margins dropped by more than half between 2021 and 2025.
The company's share price recently reached a 16-year low. This valuation sits below levels recorded during the Dieselgate scandal.