VW is sticking to the electric course despite headwinds. The decision on an entry-level electric car for 20,000 euros should be made this year.
Last year, the group achieved record sales and operating profit. Earnings after taxes increased from 15.8 billion euros in the previous year to 17.9 billion euros. All members of the corporate board would go on five percent salary cuts. The highest observation tower in Germany is located in Lower Saxony. More than 30 models will be launched in 2024.