German Manager Magazin: Volkswagen: China weakness and conversion costs load profit004021

The VolkswagenGroup has last year because of the hard competition in China And made significantly less profit due to high renovation costs. The bottom line was that VW earned almost 31 percent less than a year earlier at 12.4 billion euros, as the Wolfsburgers said. The former winning charm China came significantly less. In addition,… Continue reading German Manager Magazin: Volkswagen: China weakness and conversion costs load profit004021