The Volkswagen Group is in a difficult financial spot, as they are €11 billion short of the money they need for next year to develop and launch new car models. Their mid-year financial report for 2025 shows a significant problem: the money they are making from their business operations (operating profit) has dropped by a third (33%), and for the first time, they spent €1.4 billion more than they took in (negative cash flow). To fix this and secure their future, the company is planning big changes, including major cost reductions (deep cuts), selling off some of their assets, and shaking up the company's management.