Volkswagen’s bold Future Plan 2030 signals its most radical transformation in nearly a century, slashing 100,000 jobs and halving its model lineup by 2035 to stay competitive against China and shifting markets. CEO Oliver Blume vows global investment to rebuild brands, even as shares surge 6%—despite a 21% annual drop—reflecting analysts’ view that this painful pivot is essential for survival in an overcapacity-riddled auto industry.
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