Volkswagen Deep Crisis and Restructuring

VW Q2 profit down 33%, 100k job cuts, four plant closures, lineup halved, CFO confirms overheads 20% above peers. Porsche adds 4,000 job cuts. VW China sales down 36% since 2019. Moia launches Hamburg robotaxi pilot. BEV order surge 57% in Europe. Thousands protest Audi factory closure.