Volkswagen plans to focus solely on profitability amid cutthroat competition from the Chinese automakers. Volkswagen said it would not participate in the discount battle like its Chinese competitors. Instead of expanding its market share and sales volume, the German carmaker plans to leverage its strong market position to build a sustainable business.
The company's deliveries for April 2023 jumped 39% year-on-year to 720,200 cars.
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The company's deliveries for April 2023 jumped 39% year-on-year to 720,200 cars.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.