VW Will Do All It Can to Avoid Tariffs, CEO Says

VW Will Do All It Can to Avoid Tariffs, CEO Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the challenges faced by Volkswagen in 2019, including market uncertainties like Brexit and US tariffs. It highlights the company's strategic priorities, such as preparing for a potential IPO of the Truck division and improving efficiency and productivity. The impact of Ford's emissions issue on cooperation is addressed, along with Audi's development and expectations. The transcript concludes with Volkswagen's commitment to investing in the US to avoid aggressive import taxes.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the market uncertainties mentioned in the first section?

Decreasing demand for electric cars

Rising oil prices

Brexit and potential US tariffs

New competitors entering the market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major strategic focus for Volkswagen mentioned in the second section?

Reducing the workforce

Launching a new line of luxury cars

Preparing for a potential IPO of the Truck division

Expanding into new markets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is necessary for the automotive industry to overcome challenges, according to the second section?

Partnerships with tech companies

More government subsidies

Increased advertising

Higher productivity and more flexibility

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the issue at Ford affect Volkswagen's cooperation talks?

It has no influence

It strengthens the talks

It causes a delay

It leads to a cancellation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Volkswagen's strategy to avoid import taxes in the US?

Investing more in the United States

Partnering with local manufacturers

Lobbying against tariffs

Reducing exports to the US