Recently, it was reported that Volkswagen Group announced that it would reduce its lineup of brands by half, and only keep the models with the strongest competitiveness and higher profit margins in each segment. At this stage, the models that have been determined to be discontinued include Volkswagen Touareg, Touan, Audi A1, Q2, TT, R8, and Porsche 718 Boxster and Cayman. In addition to this, the available configurations for the models on sale will be reduced by 75%. With the implementation of this cost reduction plan, the personalized customization service will be completely cancelled, and the future consumer car selection will be more streamlined. At the same time, Volkswagen Group's production capacity will be reduced to 9 million vehicles. Volkswagen plans to cut 19,000 jobs in Germany by the end of this year and about 50,000 by 2030. At present, the Volkswagen Group has cut costs by about 1 billion euros (about 7.8 billion yuan) in various brand sectors, and the company aims to achieve a net cost saving of 6 billion euros per year by 2030. (Compiled by Qin Chao, Automobile House).