Part 6/8:
Volkswagen has also faced challenges, reporting a 2.3% drop in global deliveries driven primarily by a staggering 99.5% drop in their largest market—China. In contrast, Chinese automotive brands saw a 23.1% increase in sales. As the market trends continue to evolve, Volkswagen remains committed to prioritizing profitability despite market pressures, while also working on expanding its electric vehicle offerings, aiming for a substantial annual sales target by 2030. Yet, uncertainties loom regarding traditional automakers' future in this rapidly changing landscape.