(FILES) A new Volkswagen (VW) ID.7 Tourer GTX electric car (L) and a SUVW (Sport Utility VolksWagen) model T-Roc are seen from above at the tower storage facility of German carmaker Volkswagen at the company's headquarters plant in Wolfsburg, central Germany, on November 21, 2025. Europe's largest carmaker Volkswagen is considering cutting tens of thousands more jobs worldwide and shuttering up to four plants in Germany, Manager Magazin reported on June 2026. Volkswagen is already planning to cut 50,000 jobs across its brands in Germany by 2030 as it is struggling with high costs, US tariffs and fierce Chinese competition in electric vehicles. (Photo by Ronny HARTMANN / AFP via Getty Images)