VW supervisory board speaks in planning session on Trinity and plants

Berlin, Dusseldorf The planning round is traditionally one of the most important events of the year in the Volkswagen Group. Investment volumes for the future are tied down, plant allocations balanced, billions of euros distributed. On this Friday afternoon, the Supervisory Board met to discuss the course for the coming years.

The exact time was initially unclear, the Handelsblatt had learned it shortly beforehand from circles in the group familiar with the process. In the afternoon, Volkswagen confirmed that the meeting took place. As part of the five-year plan, “the Executive Board took the opportunity to examine all projects and investments and to examine them for viability,” it said in a statement.

In the past few months, VW has sharpened the group’s product strategy, drawn up a clear roadmap for software and platforms and pushed ahead with the electrification of its locations. The group announced details for its annual press conference on March 14. At first, nothing about the discussed topics leaked out.