VW Ready for Chinese Electric-Car Quotas, CEO Says

The transcript discusses Volkswagen's strategic plans in China, including launching 30 new models and decentralizing decision-making. It highlights joint ventures in battery technology and electric vehicles, aiming to regain customer trust. Sales expectations for 2017 are ambitious, with a focus on profitability. The company addresses concerns about reliance on the Chinese market and plans to adapt to government quotas and emission regulations, ensuring growth in the premium car segment.

What is Volkswagen's plan for new model launches in China this year?

• Launch 10 new models

• Launch 20 new models

• Launch 30 new models

• Launch 40 new models

How is Volkswagen planning to empower China in its strategy for 2025?

• By centralizing decision-making processes

• By decentralizing decision-making processes

• By increasing production in Europe

• By reducing the number of models

What is the focus of Volkswagen's joint venture with JAC?

• Hybrid cars

• Diesel cars

• Luxury cars

• Electric cars

What is Volkswagen's stance on its reliance on the Chinese market?

• They are indifferent to market reliance

• They are concerned about over-reliance

• They plan to reduce reliance

• They are happy to rely on China

How does Volkswagen view the growth prospects of its premium brands in China?

• They expect growth to decline

• They are optimistic about growth

• They expect growth to stagnate

• They plan to exit the premium market