The 20-year-old Belgian was en route to meeting up with the squad for their flight later on Saturday when the car he was a passenger in crashed on a motorway, police told reporters.
"So strange to hear your friend in the morning and then hear this news. Lost a great friend way too early. RIP my friend," said Wolfsburg team mate and fellow Belgian Kevin De Bruyne on his official Twitter account.
Danish forward Nicklas Bendtner wrote: "Not only a great player but a great person. My thoughts and prayers will always be with you and your family, brother. You will always be remembered."
Malanda, who did not win a senior cap for Belgium, joined Wolfsburg in 2013 and had a spell on loan at Zulte Waregem.
He played a total of 17 league games for Wolfsburg, 10 this season, scoring two goals.
It is not yet clear if the team will go ahead with their one-week training camp in South Africa.
(Reporting by Karolos Grohmann, editing by Tony Jimenez)
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