We Know What We Need to Focus on, Says Volkswagen’s CFO

The transcript discusses the company's sales outlook, highlighting challenges in global markets, particularly in Europe and China, while noting South America's unique situation. It addresses potential industry consolidation, especially in light of PSA and Fiat Chrysler's merger talks, and emphasizes the company's strategy to adapt to market changes. The launch of the ID 3 electric car is presented as a timely move to meet CO2 compliance and leverage new technology, despite higher costs compared to combustion engines.

What is the main reason for the company's cautious approach to volume forecasts?

• Increasing competition in global markets

• High production costs

• Lack of consumer interest

• Regulatory challenges

How might the potential merger between PSA and Fiat Chrysler affect the company?

• It will result in higher production costs

• It will have no impact on the company

• It will lead to a decrease in market share

• It will change the competitive landscape in Europe

What is a significant factor driving industry consolidation?

• Rising fuel prices

• Increasing number of manufacturers

• Transition to electrified vehicle portfolios

• Decreasing consumer demand

What is the strategic importance of the ID 3 electric car launch?

• It is a cost-cutting measure

• It is crucial for achieving CO2 compliance

• It is aimed at reducing production time

• It is a response to consumer demand for luxury vehicles

How is the ID 3 electric car priced compared to current diesel cars?

• It is less expensive

• It is not yet priced

• It is more expensive

• It is priced on par