Volkswagen is set to undertake a sweeping restructuring of its European operations, a move that could see the closure of several of its long-standing German plants as the automaker grapples with sluggish demand and intensifying pressure from Chinese rivals. The overhaul signals a significant strategic pivot for one of the world's largest carmakers, which has seen its European market share erode as budget-friendly Chinese brands flood the continent with competitively priced electric vehicles. Analysts suggest the plant closures, if they materialize, would mark one of the most dramatic workforce reductions in the German auto industry in decades and could have ripple effects across the country's industrial heartland. The decision underscores the broader reckoning facing legacy European manufacturers as the global automotive landscape shifts toward electrification and new market entrants.
German carmaker’s overhaul could also lead to plant closures as it contends with lacklustre sales and growing Chinese competition
