# production consolidation

Volkswagen Cuts One-Third of Executives and Reorganises Factories as China EV Shock Hurts Profits

Volkswagen is cutting a third of executives in its core brand cluster and consolidating factories into five production regions as part of a drive to save €1 billion by 2030. The measures respond to a sharp sales slowdown in China, steep declines in local EV volumes and tariff pressures in North America that have eroded profits and forced tougher restructuring.