We Know What We Need to Focus on, Says Volkswagen’s CFO

The transcript discusses the company's sales outlook, highlighting challenges in global markets, particularly in Europe and China, while noting South America's unique situation. It addresses potential industry consolidation, especially in light of PSA and Fiat Chrysler's merger talks, and emphasizes the company's strategy to adapt to market changes. The launch of the ID 3 electric car is presented as a timely move to meet CO2 compliance and leverage new technology, despite higher costs compared to combustion engines.

What is the expected impact of potential mergers in the automotive industry?

What challenges are mentioned regarding the transition from ICE to electrified portfolios?