Volkswagen Is ‘Tremendously Undervalued’ as a Company, Says CFO

The transcript discusses the importance of the Chinese market, strategies for growth, and the impact of trade agreements on business. It covers plans for expanding production in the US and China, addressing sales challenges, and boosting profitability. The discussion also includes plans for an IPO and unlocking value in sports car units.

What is the company's outlook for the Chinese market in the second half of 2019?

• They foresee no change.

• They are optimistic about improvement.

• They plan to exit the market.

• They expect a significant decline.

What is the company's plan for Volkswagen passenger cars in the US by 2020?

• To become the market leader.

• To break even.

• To reduce production.

• To exit the market.

What is the company's current focus in China?

• Exiting joint ventures.

• Focusing solely on exports.

• Reducing their market presence.

• Increasing their footprint with local partners.

What was the reason for the drop in sales at Audi and Porsche?

• Lack of consumer interest.

• Impact of WLTP and model cycles.

• Production issues.

• Unexpected market conditions.

What is the company's plan regarding headcount in Germany?

• Increase by 23,000.

• Reduce by 23,000.

• Outsource all jobs.

• Maintain current levels.

What is the company's stance on the IPO of the trucks division?

• They are not considering it.

• They have already completed it.

• They are waiting for better market conditions.

• They have abandoned the idea.

What is a top priority for the company's administration regarding sports car units?

• Reducing production.

• Unlocking value.

• Merging with competitors.

• Discontinuing the units.