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What's happening with Volkswagen?
Business

What's happening with Volkswagen?

Jornal de Negócios5 September 2026 at 15:00

Volkswagen revealed a restructuring plan that involves cutting 100,000 jobs and reducing its car range by 50% by 2035. This measure comes as a response to the challenges faced by the European automotive industry.

The factory in Portugal, through Autoeuropa, will not be affected by these cuts. The factory located in Palmela is thus excluded from the German brand's workforce reduction plan.

The article appears as part of a "week's explainer," seeking to clarify for readers the current situation at Volkswagen and its strategies for the future.

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