Volkswagen to refocus on raising productivity, warns of challenging 2023 - finance chief

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

BERLIN : Volkswagen will refocus on raising productivity after numerous challenging years and is targeting margin parity between electric and combustion engine cars in 2-3 years if raw material prices normalise, its finance chief said on Friday.'The challenges will not become easier next year,' Arno Antli

BERLIN : Volkswagen will refocus on raising productivity after numerous challenging years and is targeting margin parity between electric and combustion engine cars in 2-3 years if raw material prices normalise, its finance chief said on Friday.

"The challenges will not become easier next year," Arno Antlitz said on the sidelines of the carmaker's extraordinary general meeting in Berlin, pointing to order books of 1.8 million in Europe with demand far oustripping the pace of supply as chip supply remained tight.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines