VW CEO Diess Is Optimistic on Second Half Sales in China

Herbert Diess expresses optimism about China's car market, highlighting its role in advancing electric and connected cars due to governmental policies and societal demand. He discusses Volkswagen's strong market presence and partnerships in China, including joint ventures with FAW and JC. Diess also explores potential collaborations with Ford to enhance competitiveness. Despite recent sales declines, he remains hopeful for market recovery, citing economic conditions and potential policy changes.

What factors are driving the demand for electric cars in China according to Herbert Diess?

What role do governmental policies play in the automotive market in China?

What partnerships is the company exploring to enhance its competitiveness in China?

How has the market share of the company mentioned in the text changed recently?

What is Herbert Diess's outlook for the second half of the year in the Chinese automotive market?