VW Group’s Operating Margin Takes Hit From WLTP Testing & EV Push

By Steven Loveday New emissions testing, continued investments in EVs, dropping North American sales, and Chinese joint ventures are costly.
At its annual press conference, Volkswagen Group reported that its brand margin dropped to 3.8 percent in 2018, from 4.2 percent in 2017. Targets were set at 4 to 5 percent, so the group …read more

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