Volkswagen Announces Plan to Cut Half Its Product Lineup Amid Declining Sales
Facing declining sales globally and intense competition in China, Volkswagen plans to reduce its product lineup by half as part of a strategic overhaul. The company reported an 8.6% drop in global vehicle deliveries for Q2 2026, with particularly steep declines in China (-36.6%) and the U.S., where EV sales dropped sharply due to expired subsidies.
Topics: China market challenges EV sales decline product lineup cuts Volkswagen