AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Top rated car selling websites9/22/2023 Volkswagen Germany declined to comment on the UBS report.When the time comes to buy a used car, there are a lot of things to consider and many factors that will go into your decision. Whether or not a national manufacturer sells more vehicles than we do is irrelevant to us. Our ambition is to be the largest international OEM in China. After all, market shares and volumes are not the determining parameters with which we measure our business success.This strengthens our cost position in this highly competitive market. At the same time, we are creating significant synergies in the development of vehicle projects. With our economies of scale, we increase efficiency in purchasing. And we strengthen profitability for all partners.In this way, we keep all strategic options open to react quickly to market developments. In addition, there is the option of developing a joint platform for the next generation of smart electric vehicles with both partners.The new models will provide growth impetus in particular in segments where the brands currently have no or only a limited presence. The cooperations between VW and XPENG and Audi and SAIC will enable us to take even greater advantage of dynamic market developments from 2025/26 with at least three and up to six additional models. In order to continue to achieve a strong market positioning in China, the Volkswagen and Audi brands have additionally entered into partnerships with local manufacturers.By 2030, we want to offer at least 30 fully electric vehicles to customers in China. The product roadmap for the coming years is in place. These platforms are and will remain the backbone of our electric offensive in China. With MEB, PPE and in the future also SSP, we have a strong technological basis for the expansion of our product portfolio. The Group and its brands are systematically supplementing the portfolio with new e-models.Deliveries of electrified vehicles in the first seven months were almost on a par with the previous year in a particularly fierce competitive market environment with more than 100 local competitors.In addition, the overall Chinese market also showed a decline in July 2023. After strong gains from March to May, shipments fell in June and July as the market was stimulated by tax breaks in the prior-year period following the long Covid lockdowns. The market share for ICE models was further expanded.
0 Comments
Read More
Leave a Reply. |