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Volkswagen sales plunge as German automaker lays out plan to slash number of brands

Volkswagen sales plunge as German automaker lays out plan to slash number of brands

Employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

1 of 3 | Employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

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From left; Christiane Benner, chairwoman of IG Metall union, Daniela Cavallo, chairwoman of the General and Group Works Councils of Volkswagen, and Thorsten Groeger, IG Metall regional leader for Lower Saxony and Saxony-Anhalt take part in a march by employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

2 of 3 | From left; Christiane Benner, chairwoman of IG Metall union, Daniela Cavallo, chairwoman of the General and Group Works Councils of Volkswagen, and Thorsten Groeger, IG Metall regional leader for Lower Saxony and Saxony-Anhalt take part in a march by employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

Read More

Employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

3 of 3 | Employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

Read More

Volkswagen sales plunge as German automaker lays out plan to slash number of brands

Employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

1 of 3 | Employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

Read More

1 of 3

Employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

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From left; Christiane Benner, chairwoman of IG Metall union, Daniela Cavallo, chairwoman of the General and Group Works Councils of Volkswagen, and Thorsten Groeger, IG Metall regional leader for Lower Saxony and Saxony-Anhalt take part in a march by employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

2 of 3 | From left; Christiane Benner, chairwoman of IG Metall union, Daniela Cavallo, chairwoman of the General and Group Works Councils of Volkswagen, and Thorsten Groeger, IG Metall regional leader for Lower Saxony and Saxony-Anhalt take part in a march by employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

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2 of 3

From left; Christiane Benner, chairwoman of IG Metall union, Daniela Cavallo, chairwoman of the General and Group Works Councils of Volkswagen, and Thorsten Groeger, IG Metall regional leader for Lower Saxony and Saxony-Anhalt take part in a march by employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

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Employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

3 of 3 | Employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

Read More

3 of 3

Employees of carmaker Volkswagen AG and IG Metall union members rally on the grounds of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, Thursday, July 9, 2026. (Lisi Niesner/Pool Photo via AP)

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