Future Is Electric, Says Volkswagen's Stackmann

The transcript covers Volkswagen's recovery post-Dieselgate, highlighting growth in Europe and the US. It discusses the impact of the WLTP emissions testing on sales, causing production delays. The Chinese market is stable despite trade tensions, with Volkswagen increasing its market share. The future of diesel engines is debated, with Volkswagen supporting their potential. Finally, Volkswagen's commitment to electric vehicles is outlined, with plans for a dedicated electric car platform and factory.

What was a significant factor in Volkswagen's recovery after the Dieselgate scandal?

• Increased demand for diesel engines

• Strong growth in the European market

• Reduction in production costs

• Introduction of new car models

How did the WLTP emissions testing process affect Volkswagen?

• It increased customer satisfaction

• It improved production efficiency

• It caused delays in car deliveries

• It led to a decrease in car demand

What is the current state of the Chinese market for Volkswagen?

• Experiencing rapid growth

• Stable with potential for future growth

• Declining due to trade tensions

• Unpredictable with fluctuating demand

What is Volkswagen's stance on the future of diesel engines?

• They plan to phase out diesel engines

• They are focusing solely on electric vehicles

• They believe diesel engines have potential

• They are neutral about diesel technology

What major change is Volkswagen implementing for its electric vehicle production?

• Reducing the number of electric models

• Outsourcing production to other companies

• Transforming existing factories to electric-only

• Building a new factory in China

What is Volkswagen's commitment towards electric vehicles?

• To become a world leader in electric cars

• To focus on hybrid vehicles instead

• To delay electric vehicle production

• To maintain a small electric vehicle lineup

What is the expected timeline for Volkswagen's electric-only factory to start production?

• By the end of 2021

• In the first quarter of 2020

• By mid-2022

• In the last quarter of 2019