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[BUSINESS] · Germany, Sweden, China, United States · 2 sources

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Volkswagen launches restructuring plan to boost liquidity

Volkswagen has introduced the ‘Future Plan 2030’ to address a significant financial downturn, following a 53% drop in profits to 8.9 billion euros in 2025. Under CEO Oliver Blume, the company aims to restructure and divest non-core assets to generate up to 15 billion euros in net liquidity.

As part of this strategy, Volkswagen recently sold a 51% stake in Everllence, a large-displacement engine specialist, to the American firm Bain Capital for 7.4 billion euros. The restructuring may also impact other brands within the group; reports suggest that Ducati, which is part of the Audi Group, could potentially be sold to raise essential capital amidst rising competition from Chinese manufacturers.

Entities

Bain Capital · Ducati · Oliver Blume · Volkswagen · Volvo