Volkswagen has reported a decline in sales, with group sales falling 8.6% in the second quarter. The company sold just under 2.1 million vehicles during this period. Sales in China were particularly affected, plummeting by more than one-third.

The German automaker has announced plans to streamline its model lineup, reducing the number of models by up to half. This move is part of the company's effort to become faster and more competitive.

Further details on Volkswagen's plans are available from the company, including information on how it intends to achieve its goals through reduced complexity and better alignment across regional markets.