2030 Vision Plan
VW's Restructuring Plan: A Breakthrough or a Delaying Tactic?

Source: dpa 4 min Reading Time

The Volkswagen Group is facing the most sweeping restructuring in its history. Numerous measures are on the horizon—including the elimination of tens of thousands of jobs. But the next points of contention are already beginning to emerge.

How much longer will VW models continue to be built in Emden?(Source:  Volkswagen AG)
How much longer will VW models continue to be built in Emden?
(Source: Volkswagen AG)

On Thursday evening at 8:30 p.m., we’ll find out what many observers no longer thought possible: The 20 members of the supervisory board of Volkswagen, after weeks of wrangling, approve a comprehensive plan for the future of the company. One of the winners this evening is certainly Oliver Blume. The CEO now has the mandate for the “most strategically far-reaching transformation program” in VW’s history.