On July 2, Volkswagen informed that in future, Volkswagen’s component development and production activities are to become even more efficient and flexible. By analogy with the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands, Components is to become an independent corporate entity under the umbrella of Volkswagen AG with effect from January 2019. The realignment process which is currently in progress is focusing on aspects such as changes in the structure of the business areas, slimmer management and board systems and a Group-wide added value strategy

Volkswagen Press Release