Volkswagen's CFO: If we do not cut excess capacity and instead continue to produce as planned at all our German plants, we will face a permanent cost disadvantage of approximately €1.5 billion per year.

2026-08-31

Volkswagen's CFO: If we do not cut excess capacity and instead continue to produce as planned at all our German plants, we will face a permanent cost disadvantage of approximately €1.5 billion per year.