At the core VW brand, an agreement was reached at the end of 2024 to reduce overcapacity at German sites, lower labour costs and bring development costs down to a competitive level.

Schäfer said around 16,300 redundancies have been finalized in Germany, with a total of just under 28,800 agreed upon by 2030, close to the target of 35,000. He called the developments “good progress,” but warned that the measures are insufficient.