VW CEO: We are no longer competitive
The CEO of the Volkswagen Group's core VW brand has issued a warning about a lack of competitiveness as the brand looks to improve its return on sales and grow its market share for electric vehicles in China. "With many of our pre-existing structures, processes and high costs, we are no longer competitive as the Volkswagen brand," Thomas...
https://www.motorauthority.com/news/1141...ompetitive
The CEO of the Volkswagen Group's core VW brand has issued a warning about a lack of competitiveness as the brand looks to improve its return on sales and grow its market share for electric vehicles in China. "With many of our pre-existing structures, processes and high costs, we are no longer competitive as the Volkswagen brand," Thomas...https://www.motorauthority.com/news/1141...ompetitive