Where to Find Profit at Volkswagen

Where to Find Profit at Volkswagen

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Interactive Video

Business, Architecture

University

Hard

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Volkswagen's profit fell by 86%, but they still earned significantly from other businesses, with returns of 9% at Audi and 17% at Porsche. They plan to increase revenue through mobility solutions, investing $300 million in Gett, an Uber competitor. CEO Matthias Mueller discussed the shift towards mobility services, aiming for revenue by 2025. Despite a 17% drop in US sales, Volkswagen focuses on its 12 brands, including Audi and Lamborghini, and plans to unveil a strategy for future growth. The Dieselgate scandal is not the current focus, though $16.2 billion is set aside for settlements.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What brands does Volkswagen own apart from the Volkswagen brand?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much has Volkswagen set aside for the Dieselgate scandal settlement?

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