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VW Future Plan 2030 approved

Europe

3 Sep: ~9m sales plan, 9% margin by 2030, ~50% model cut by 2035; Europe >500k excess capacity; Emden/Zwickau/Hanover/Neckarsulm lack allocation 2031–34; ~50k further cuts; concept due end-Jun 2027.

Companies Volkswagen

Source: VW PR · WardsAuto

VW up to €16bn cuts/plant scenarios

Europe

AMS (Spiegel, 11 Sep): up to €16bn — ~€10bn workforce through 2030; ~€6bn for possible end of production Emden/Zwickau 2031, Hanover 2032, Neckarsulm 2034. No closures approved.

Companies Volkswagen

Source: AMS

CEE mixed upside under VW reset

Europe

IntelliNews (9 Sep): CEE may gain cost-based reallocations but compete for fewer models. Czech H1 +4.4% YoY; EVs 41% of domestic output. Škoda: no direct impact.

Companies Volkswagen, Škoda

Source: IntelliNews

TE to acquire HENN air/fluid unit

Global

Close expected by end FY Q4/Sep 2026 as HENN Fluid Line (Dornbirn). VDA/SAE quick-connects + hybrid electrical/fluid for EV thermal and ADAS cleaning.

Companies TE Connectivity

Source: ChargedEVs / TE

Pollmann (AT) restructuring

Europe

1 Sep: ~€74m liabilities, 461 AT employees. Auto structural shift + Vitis misstep. Foreign sites outside Austrian proceedings.

Companies Pollmann

Source: Krone.at

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