VW Sticking to Strategy Amid PSA-Opel Deal, CEO Says

The transcript discusses the future of mobility, highlighting investments by car makers in new technologies. It addresses the financial impact of the diesel scandal and the company's robust position to handle future costs. The conversation shifts to market competition, particularly the sale of Opel and Vauxhall by GM, and the strategy of maintaining a diverse range of models to meet customer expectations. The global presence of Volkswagen, especially in the US market, is emphasized, along with potential challenges like border taxes and the importance of free trade.

What is the primary reason car makers are investing billions in new technologies?

• To compete with tech companies

• To enhance the mobility of the future

• To reduce production costs

• To increase fuel efficiency

How does the company view its financial position after the diesel scandal?

• They are in a robust position

• They are struggling to recover

• They are planning to downsize

• They are seeking government aid

What is the company's stance on the number of car models they offer?

• They plan to reduce the number of models

• They will only produce electric models

• They will maintain a diverse range of models

• They will focus only on premium models

Why is the US market important for Volkswagen?

• They have no interest in the US market

• They plan to relocate their headquarters there

• They want to regain American customers' trust

• It is their largest market

What potential challenge is mentioned regarding the US market?

• Declining interest in diesel vehicles

• Strict environmental regulations

• Possible implementation of a border tax

• Increasing competition from local brands