Volkswagen planning to cut up to 100.000 jobs globally

Post by ferongr » Mon, Jul 13, 2026, 8:39 PM UTC

the_real_cher wrote: post #19

AlotOfReading wrote: post #16

Earlier quoted context omitted.

I don't see how Tesla is a serious competitor in that matchup. Their sales have been declining for two years, and Chinese OEMs are clearly on the path to complete dominance in most foreign markets. In the US market, I think Hyundai (and to a much lesser extent Kia) is probably the most interesting OEM. EV sales that aren't declining, the highest American-made percentage vehicles (relevant given recent policy changes)…

2027 is going to change this sitnificantly. Toyota is releasing a full EV highlander, Honda is releasing the 0 series, Kia has some new EVs coming out. Next year is going to be a huge EV shift. Tesla is screwed.

Post by jedmeyers » Mon, Jul 13, 2026, 8:44 PM UTC

petre wrote: post #17

TacticalCoder wrote: post #5

Earlier quoted context omitted.

> Volkswagen, like no other company, symbolizes the lethargy of the German economy and business environment A car development cycle is/was seven years in Germany. And that was totally fine. When the "Golf 7" comes up, the "Golf 8" doesn't come out only 2 years after. What happened is the EU (and Germany in particular) left only two development cycles to the biggest industry in Germany (and hence the biggest industry…

You drive your Audi, BMW, Porsche. Mercedes. I'm gonna drive a Toyota or a Honda since I don't like costly repairs, subscription chair heaters or getting screwed over.

Post by senordevnyc » Mon, Jul 13, 2026, 9:06 PM UTC

the_real_cher wrote: post #19

AlotOfReading wrote: post #16

Earlier quoted context omitted.

I don't see how Tesla is a serious competitor in that matchup. Their sales have been declining for two years, and Chinese OEMs are clearly on the path to complete dominance in most foreign markets. In the US market, I think Hyundai (and to a much lesser extent Kia) is probably the most interesting OEM. EV sales that aren't declining, the highest American-made percentage vehicles (relevant given recent policy changes)…

2027 is going to change this sitnificantly. Toyota is releasing a full EV highlander, Honda is releasing the 0 series, Kia has some new EVs coming out. Next year is going to be a huge EV shift. Tesla is screwed.

Post by jshier » Mon, Jul 13, 2026, 9:20 PM UTC

alephnerd wrote: post #18

_s_a_m_ wrote: post #14

A German economist explained on Insta that the main reason they are doing this is because Moody's making politics and reduced VWs rating, and VW is one of the largest credit holders in Europe and now they have been forced to act and do something about this unplanned rating change which will make loans expensive for them, without actually being a concrete automotive related issue in the first place.

> because Moody's making politics and reduced VWs rating... > without actually being a concrete automotive related issue in the first place... VW's market share in China (it's largest market) has collapsed - in 20 years it went from around 20% of all cars in China to 10% and current deliveries this year in China have fallen by 36%. This is a huge fall for a company whose Jetta was literally China's Model T. VW Group…

Post by toomuchtodo » Mon, Jul 13, 2026, 9:40 PM UTC

alephnerd wrote: post #24

toomuchtodo wrote: post #2

Weak that they’re not partnering with CATL or Panasonic to build stationary storage with excess manufacturing capacity.

> CATL Battery technology and chemistry is export controlled by China [0], which has hurt European attempts at doing what you mentioned [1]. > Panasonic They have chosen to concentrate on America instead [2] [0] - https://www.mayerbrown.com/en/insights/publications/2025/10/... [1] - https://merics.org/en/comment/chinese-restrictions-threaten-... [2] - https://www.reuters.com/technology/panasonic-localise-its-us...