Volkswagen Brand CEO Says China-Europe Exports Not Viable
Brand CEO Thomas Schaefer stated that exporting vehicles from China to Europe is currently impractical. No partners have sought to use German plant capacity.
Xurve View
Insights:
Xurve View
VOLKSWAGEN AG brand CEO Thomas Schaefer ruled out exporting vehicles from China to Europe currently. The automaker maintains a manufacturing footprint in Europe through its multiple core brands and regional operations. Investors are monitoring how legacy automakers balance global production capacity against rising competition from Chinese electric vehicle manufacturers.
