www.economica.net/volkswagen-suspenda-dezvoltarea-

Volkswagen has temporarily halted development of the electric ID. Golf model as part of a cost-cutting program, which includes job cuts and factory closures. The decision was communicated to employees by CEO Thomas Schaefer, who acknowledged the Golf's significance but cited financial constraints. The Wolfsburg plant faces a €300 million shortfall in cost reduction targets, although it is not slated for closure. This move follows Volkswagen's largest quarterly loss in a decade and increasing pressure to enhance efficiency, with potential strikes from the IG Metall union looming.