Volkswagen CFO on Earnings, Competition, China

The transcript discusses Volkswagen's strong start to 2023, with significant growth in sales and margins. It highlights the company's market outlook, focusing on growth in the US, Europe, and China. VW's order backlog and delivery expectations are analyzed, along with its pricing strategy amidst competition from Tesla. The company emphasizes cost management and preparation for intensified competition. VW's strategy in China includes innovation and local adaptation. The transcript concludes with a discussion on macroeconomic conditions and their impact on the auto industry.

What is Volkswagen's strategy regarding pricing and market share?

How does Volkswagen plan to maintain its margins in the face of increasing competition?

What measures is Volkswagen taking to improve its position in the Chinese market?