On 3 September 2026, the Volkswagen Group supervisory board unanimously approved the executive board’s Future Plan 2030. The company called it the most extensive transformation program in its history.

The plan says a further group-wide workforce adjustment of about 50,000 positions, including management roles, is necessary beyond existing programs. Volkswagen did not say when those cuts would finish or how they would be split across brands and countries.

What the board approved

CEO Oliver Blume said the unanimous vote was “a strong signal for the future of the Volkswagen Group.” He said the company would invest a three-figure billion sum over the coming years in its brands.

Supervisory board chair Hans Dieter Pötsch said the board had been briefed on the concept and was convinced the plan would secure long-term competitiveness.

The company described 12 initiatives. Among the published targets:

  • an operating margin of 9% by 2030, or about €31 billion in operating result
  • about €37 billion in overhead costs
  • €135 billion for capital expenditure and research and development in the 2027–2031 planning period
  • annual sales of about nine million vehicles
  • a model portfolio cut by about 50% by 2035, and offering complexity down by about 75%

Volkswagen also said it would simplify group governance, review about one-third of its investment portfolio, and ask the executive board to design a leaner decision-making structure. The supervisory board said it would limit its reserved approval rights to measures of material group-wide significance.

Plants and capacity

The board said European production capacity currently exceeds demand by more than 500,000 vehicles. A concept for a competitive European production structure is due by the end of June 2027.

In the same statement, the board said a competitive future production allocation cannot currently be secured on a staggered basis from 2031 to 2034 for Emden, Zwickau, Hanover, and Neckarsulm. Alternative uses for those plants are being assessed. That is not a confirmed closure announcement.

Why Volkswagen says the cuts are needed

The company pointed to tougher global competition, changing demand, and technological change. Reuters and other outlets framed the pressure as US import tariffs, a weaker China market, and competition from Chinese brands.

Volkswagen said it would focus on the most profitable segments in North America, revise its China growth assumptions, and expand exports toward the “Global South.”

Group and Central Works Council chair Daniela Cavallo backed the plan and said the burden should not fall only on employees. IG Metall chair Christiane Benner, deputy chair of the supervisory board, said unions had fought for the package and that future scenarios should be developed for all plants. Lower Saxony minister-president Olaf Lies called for a competitive industrial and trade framework.

How reporters counted 100,000

Volkswagen’s own statement announces about 50,000 additional positions. Several newsrooms, including the BBC and the Guardian, reported that this sits on top of an earlier reduction of about 50,000 roles already planned by 2030, which would bring the combined figure to about 100,000. The company has not published a single official “100,000” headline number in the 3 September release.

As of 2025, Volkswagen employed more than 660,000 people worldwide, according to contemporaneous reporting.

What comes next

Talks with employee representatives are due to start where agreements are required. Brand and subsidiary boards will handle much of the product, technology, and plant work. Detailed capital-expenditure items go to the supervisory board in Planning Round 75.

For Europe’s largest carmaker, the story is not only headcount. It is whether fewer models, leaner plants, and a 9% margin target can hold in a market that is already being reshaped by tariffs, China, and higher energy prices.

This is an original Utila summary of Volkswagen’s 3 September 2026 statement and public reporting. It is not a reprint.

Key Takeaways

  • Volkswagen’s supervisory board approved Future Plan 2030 on 3 September 2026.
  • The company said about 50,000 more positions, including management jobs, must go beyond existing programs.
  • Targets include a 9% operating margin by 2030 and €135 billion of capex and R&D in 2027–2031.
  • Emden, Zwickau, Hanover, and Neckarsulm do not currently have a secured production allocation for 2031–2034.
  • The model range is to be cut by about half by 2035.

Sources