Volkswagen surprised with its latest move. Is the situation really that bad?

Volkswagen, one of the world’s largest automobile manufacturers, surprised with its latest decisions. These decisions indicate that the company’s financial strength has weakened.

Volkswagenaims to significantly reduce production capacity at its factories in Germany. The company announced that it plans to reduce its production capacity by 700 thousand vehicles in total by 2030. This step VolkswagenIt is seen as part of the company’s efforts to consolidate its technological leadership in the global market. In this context, the company is expected to turn to more efficient production processes and new generation technologies.

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