Reuters reported on the 9th (local time) that Volkswagen of Germany is considering a large-scale restructuring plan that would cut up to 100,000 jobs and reduce annual production from 10 million to 9 million units. Volkswagen CEO Oliver Blume said, “The global situation has continued to worsen over the past 12 months,” and hinted at pursuing a high-intensity restructuring. According to internal sources, Volkswagen is discussing closing four plants in Germany, including Hannover, Emden, Zwickau and Audi Forum Neckarsulm, and cutting up to 100,000 jobs. This is the largest restructuring in Volkswagen's history. This crisis is the result of competition from Chinese cars that are targeting the European market with a low price offensive and the extensive tariff policy of the US administration of Donald Trump. Volkswagen's annual operating profit in 2025 was cut in half compared to 2021 due to external negative factors. The decline in factory operation rate is also serious. According to Mobility Global Data, the operating rate of Volkswagen Group's plants in Germany is expected to increase this year.