Volkswagen shares are trading near their lowest levels in 15 years, reflecting deepening investor skepticism about the German automaker’s strategic direction.
The sell-off comes as internal tensions surface, with six of the company’s nine board members reportedly warning that the group faces an existential crisis.
The market’s repricing underscores a loss of confidence in management’s ability to navigate the transition to electric vehicles and maintain competitiveness against Chinese rivals.
According to reports cited by Welt, the board consensus suggests that current measures are insufficient to address the structural challenges facing the business.
Volkswagen is now bracing for a contentious annual general meeting, where analysts and shareholders are expected to question whether a mere cost-cutting program can secure the automaker’s long-term viability.
Internal reports indicate that the board believes more radical restructuring may be necessary to avoid further value erosion.