Volkswagen CFO on Earnings, China, Xpeng, Auto Market Outlook

The video discusses the company's strong financial performance in the first half of the year, despite challenges in cash flow due to high inventories. The outlook for deliveries has been slightly lowered, particularly in China, but the focus remains on sales revenue and margins. The company is implementing a three-pillar strategy in China to enhance competitiveness, including local development and partnerships. Cash flow issues are attributed to high R&D investments and inventory buildup. Supply chain challenges, particularly in logistics and chip supply, are being addressed. The German economy shows uncertainty, but the automotive industry is expected to grow.

What was the percentage increase in Volkswagen's sales revenue in the first half of the year?

• 10%

• 15%

• 18%

• 20%

What is the revised delivery outlook for Volkswagen for the year?

• 8 to 8.5 million cars

• 9 to 9.5 million cars

• 10 to 10.5 million cars

• 9.5 to 10 million cars

Which region showed more than 20% increase in deliveries for Volkswagen?

• United States

• South America

• Europe

• China

What is one of the key strategies Volkswagen is using to improve its position in the Chinese market?

• Reducing production costs

• Expanding into new markets

• Local product partnerships

• Increasing global exports

How is Volkswagen addressing the German government's concerns about risk in China?

• By focusing on local for local strategies

• By diversifying into other Asian markets

• By reducing investments in China

• By increasing exports from China

What was one of the major reasons for Volkswagen's muted cash flow despite strong operative results?

• Decreased sales revenue

• Reduced market share

• Increased labor costs

• High R&D and CapEx investments

What is the current situation of the chip supply for Volkswagen?

• Completely resolved

• Worsening each quarter

• Improving quarter by quarter

• Stable with no changes