In the medium term, Volkswagen’s volume brands should achieve a return on sales of eight percent. And not only that: by 2030 they should also be a global technology leader in the volume segment. “We will play out our strengths,” announced Thomas Schäfer, who heads the so-called Core Group in the Volkswagen Group, which, in addition to Volkswagen (passenger cars and commercial vehicles), also includes ŠKODA as well as Seat and Cupra. In order to achieve this, the collaboration of the brands should be deepened, and the model offer should be clearly delimited and coordinated, so that synergies can be achieved. “The efforts have already paid off,” said Schäfer in the Core Group’s balance sheet press conference: the market share in Europe rose by 0.9 percentage points to 20.1 percent last year.
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