Volkswagen: European Market Strength Contrasts With Mainland China’s Market Obstacles
Autos / Global / Mon 29 Apr, 2024
Key View
- In 2023, Volkswagen reported solid results, driven by higher vehicle deliveries and positive effects from pricing and its product mix, with BEV volumes reaching 8.3% of total vehicle deliveries, up from 6.9% in 2022.
- Volkswagen's market share in Mainland China is likely to remain under pressure until at least late 2025 or 2026, when the next