The electric Golf is on hold. Volkswagen has temporarily stopped development work on the ID. Golf. Brand chief Thomas Schäfer first disclosed the pause in an internal interview reported by Handelsblatt, electrive says, and Volkswagen confirmed it in its nine-month results, saying work is paused «until we can securely allocate the necessary investments.» «We simply cannot afford this work right now,» Schäfer said, according to Reuters.
The Volkswagen Passenger Cars brand's operating profit fell to €813 million in the first nine months from €1.48 billion, a 1.3% return on sales. Net cash flow in the Brand Group Core dropped to €1.43 billion from €4.34 billion, EV.com reports.
The ID. Golf is due to use the SSP platform Volkswagen is developing with Rivian, and it had already slipped from 2028 to the end of the decade. Autocar reports that a launch is still planned for the early 2030s.
