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VW wants to regain momentum in China

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Published: May 5th, 2023,
Last updated: May 5th, 2023

China was a recurring theme during the presentation of the Volkswagen Group’s quarterly figures. The background is the company’s poor performance on the world’s largest car market. The board’s message is now: The gap can be closed again. The company said it failed to get off the starting blocks fast enough with EVs in the world’s largest passenger car market, but is now catching up. „We have strong products and strong brands,“ said CFO Arno Antlitz.

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Volkswagen Autoindustrie