Volkswagen is preparing for an even more demanding scenario than the one that underpinned the group's recent restructuring plan. Management is internally analyzing a situation in which the group would sell only 8 million cars per year by 2030, which would represent the worst possible scenario for the company.
In this context, management admits that the currently planned savings would not be sufficient to cope with this situation. The environment has not been favorable for the automotive sector, but reality may become even more difficult in the near future.
Two months ago, Volkswagen had already publicly admitted that it may have to lay off 100,000 people in total. This perspective comes at a time when thousands of workers are being removed from the automotive sector in general, reflecting the crisis facing the industry.
