The headquarter of German carmaker Volkswagen (VW) is seen on September 17, 2026 in Wolfsburg, Germany. German car giant Volkswagen had announced earlier in September 2026 that management and unions had agreed to cut a total of 100,000 jobs by the end of the decade, the biggest-ever restructuring in the global auto industry. (Photo by Ronny HARTMANN / AFP via Getty Images)

The power plant building at the headquarters of German carmaker Volkswagen (VW) is seen from a pedestrian bridge on September 17, 2026 in Wolfsburg, Germany. German car giant Volkswagen had announced earlier in September 2026 that management and unions had agreed to cut a total of 100,000 jobs by the end of the decade, the biggest-ever restructuring in the global auto industry. (Photo by Ronny HARTMANN / AFP via Getty Images)

Lower Saxony's State Premier Olaf Lies gives a statement on September 17, 2026 in front of the Volkswagen plant in Wolfsburg, Germany. German car giant Volkswagen had announced earlier in September 2026 that management and unions had agreed to cut a total of 100,000 jobs by the end of the decade, the biggest-ever restructuring in the global auto industry. (Photo by Ronny HARTMANN / AFP via Getty Images)

German Finance Minister Lars Klingbeil gives a statement on September 17, 2026 in front of the Volkswagen plant in Wolfsburg, Germany. German car giant Volkswagen had announced earlier in September 2026 that management and unions had agreed to cut a total of 100,000 jobs by the end of the decade, the biggest-ever restructuring in the global auto industry. (Photo by Ronny HARTMANN / AFP via Getty Images)

The chairwoman of the central works council of German car maker Volkswagen (VW) Daniela Cavallo gives a statement on September 17, 2026 in front of the Volkswagen plant in Wolfsburg, Germany. German car giant Volkswagen had announced earlier in September 2026 that management and unions had agreed to cut a total of 100,000 jobs by the end of the decade, the biggest-ever restructuring in the global auto industry. (Photo by Ronny HARTMANN / AFP via Getty Images)

The chairwoman of the central works council of German car maker Volkswagen (VW) Daniela Cavallo gives a statement on September 17, 2026 in front of the Volkswagen plant in Wolfsburg, Germany. German car giant Volkswagen had announced earlier in September 2026 that management and unions had agreed to cut a total of 100,000 jobs by the end of the decade, the biggest-ever restructuring in the global auto industry. (Photo by Ronny HARTMANN / AFP via Getty Images)

The chairwoman of the central works council of German car maker Volkswagen (VW) Daniela Cavallo gives a statement on September 17, 2026 in front of the Volkswagen plant in Wolfsburg, Germany. German car giant Volkswagen had announced earlier in September 2026 that management and unions had agreed to cut a total of 100,000 jobs by the end of the decade, the biggest-ever restructuring in the global auto industry. (Photo by Ronny HARTMANN / AFP via Getty Images)

The chairwoman of the central works council of German car maker Volkswagen (VW) Daniela Cavallo (R) stands next to German Finance Minister Lars Klingbeil during a statement on September 17, 2026 in front of the Volkswagen plant in Wolfsburg, Germany. German car giant Volkswagen had announced earlier in September 2026 that management and unions had agreed to cut a total of 100,000 jobs by the end of the decade, the biggest-ever restructuring in the global auto industry. (Photo by Ronny HARTMANN / AFP via Getty Images)