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Volkswagen rises more than 6% on the stock exchange with approval of restructuring plan
Business
Инвестиции

Volkswagen rises more than 6% on the stock exchange with approval of restructuring plan

Expresso4 September 2026 at 12:12

The stock market reacted positively to news about Volkswagen's restructuring plan, with the group's shares rising more than 6%. This positive reaction occurred a day after the group's supervisory board approved a new plan to cut 50,000 jobs.

The Volkswagen group, which owns brands such as VW, Seat, Cupra, Audi and Porsche, will proceed with cutting another 50,000 jobs. This new cut joins previous measures, making a total of 100,000 jobs eliminated by 2030.

The supervisory board's decision was favorably received by investors, who interpreted the restructuring plan as a positive measure for the future competitiveness and efficiency of the German automotive group.

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