Volkswagen, a German automaker, has reported a decline in sales. The company's group sales fell by 8.6% in the second quarter, with sales in China dropping by more than one-third. This decline comes as the company announces plans to reduce its model lineup.

The plans to streamline the model lineup are part of a larger effort to make the company more competitive. The goal is to reduce complexity and improve alignment across regional markets. Further details on the plan are available from the company.

More information on Volkswagen's sales and plans can be found through the company's announcements, which provide additional context on the changes underway.