VW Group to Drop40+ Models?
Leftlane
The Volkswagen Group will stop building over 40 models in the coming years as part of a massive restructuring plan, according to a new report.
The company's current lineup consists of no less than 340 models spread out across a dozen brands, including SEAT, Volkswagen, Audi, and Porsche. German newspaper Handelsblatt points out that the decision to thin the portfolio is part of a new strategy, but it stopped short of revealing which models are living on borrowed time.
Interestingly, Volkswagen openly admits that its portfolio of cars is about to get smaller.
"A decision on how many models will be phased out or ceased has not been taken yet," said a company spokesman in an interview with Automotive News.
Read more: http://www.leftlanenews.com/vw-group-to-ax-40-cars-92063.html#ixzz4C35VpYon
Leftlane
The Volkswagen Group will stop building over 40 models in the coming years as part of a massive restructuring plan, according to a new report.
The company's current lineup consists of no less than 340 models spread out across a dozen brands, including SEAT, Volkswagen, Audi, and Porsche. German newspaper Handelsblatt points out that the decision to thin the portfolio is part of a new strategy, but it stopped short of revealing which models are living on borrowed time.
Interestingly, Volkswagen openly admits that its portfolio of cars is about to get smaller.
"A decision on how many models will be phased out or ceased has not been taken yet," said a company spokesman in an interview with Automotive News.
Read more: http://www.leftlanenews.com/vw-group-to-ax-40-cars-92063.html#ixzz4C35VpYon