Looking at latest reports two days ago from Volkswagen Cars about cost saving, this might be a wider cuts plan in the whole Volkswagen group. But that’s just me speculating.
“Volkswagen finance chief issues savings targets”“In an internal letter, the managers of the Volkswagen brand are advised to reduce costs. Among other things, capacity savings are planned.”“The savings efforts at the core brand of the Wolfsburg car company are gaining momentum - VW brand boss Thomas Schäfer wants to save ten billion euros by 2026 in order to create return targets for the group’s board of directors.”
Audi already left Formula E, cancelled the Le Mans hypercar, announced the end of GT3 and Dakar racing. Formula 1 would be the sole motorsport left to promote their brand.
Looking at latest reports two days ago from Volkswagen Cars about cost saving, this might be a wider cuts plan in the whole Volkswagen group. But that’s just me speculating.
“Volkswagen finance chief issues savings targets” “In an internal letter, the managers of the Volkswagen brand are advised to reduce costs. Among other things, capacity savings are planned.” “The savings efforts at the core brand of the Wolfsburg car company are gaining momentum - VW brand boss Thomas Schäfer wants to save ten billion euros by 2026 in order to create return targets for the group’s board of directors.”
Audi already left Formula E, cancelled the Le Mans hypercar, announced the end of GT3 and Dakar racing. Formula 1 would be the sole motorsport left to promote their brand.