Tag: Stephan Wöllenstein
VW wants to improve profits by three billion euros annually
Dusseldorf, Berlin With a show of strength, the carmaker Volkswagen wants to keep its core brand from falling into the red. At a works meeting on Wednesday, CEO Thomas Schäfer…
Price war among e-car manufacturers in China
Chinese auto executive Shen Yanan The co-founder and president of the electric car startup Li Auto is entering the price war with German car manufacturers in the Chinese market. (Photo:…
German industry hopes for China – recovery there is in danger
Chinese with protective masks in Beijing Observers do not expect the corona restrictions to be really relaxed until autumn at the earliest. (Photo: dpa) Beijing, Dusseldorf Europe’s economy is weakening,…
BASF, BMW & Aldi invest heavily
Volkswagen in China China plays an important role for the German car company. (Photo: dpa) Dusseldorf, Berlin, Beijing Regardless of the growing risks, German companies continue to invest heavily in…
How Volkswagen is fighting its way out of the crisis in China
Dusseldorf Volkswagen draws new confidence in the important Chinese car market. VW China boss Stephan Wöllenstein said at a press conference in Beijing on Friday: “The economic indicators are moving…
How Volkswagen is fighting its way out of the crisis in China
Dusseldorf Volkswagen draws new confidence in the important Chinese car market. VW China boss Stephan Wöllenstein said at a press conference in Beijing on Friday: “The economic indicators are moving…
For German car manufacturers, the golden days in China are over
Volkswagen ID Store in China With the new stores in Chinese inner cities, VW is trying to boost sales of its electric cars. (Photo: Future Publishing/Getty Images) Beijing, Dusseldorf, Munich…
Lower sales in China in 2021 – also uncertain in 2022
Production by SAIC Volkswagen in Shanghai The German car company is weakening in its most important market. (Photo: dpa) Beijing Volkswagen suffered a significant drop in sales in its most…
Lower sales in China in 2021 – also uncertain in 2022
Production by SAIC Volkswagen in Shanghai The German car company is weakening in its most important market. (Photo: dpa) Beijing Volkswagen suffered a significant drop in sales in its most…
Volkswagen makes Ralf Brandstätter the new head of China
Ralf Brandstätter The manager gets more power in the VW group. (Photo: Reuters) Dusseldorf Ralf Brandstätter is to become the new China board member of the Volkswagen Group. This was…