Recently, Arno Antlitz, head of finance of volkswagen group, revealed to the media that by 2030, volkswagen group plans to stop production of 60% of fuel vehicles and reduce the group's sales scale in order to focus on higher-end models with higher profits.
In the interview, Antlitz said: "Volkswagen's future development goal is not simply to focus on the growth of sales and market share, but to pay more attention to the improvement of products, brand quality and operating profits. ”
At present, this development goal of strictly focusing on brand quality and operating profit has been reflected in the financial performance of the Volkswagen Group in 2021.
In 2021, Volkswagen delivered 8.882 million vehicles, down 4.5% from 9.305 million units in 2020. However, despite the decline in sales, the Volkswagen Group's sales revenue increased by 12% year-on-year to EUR 250.2 billion, and operating profit excluding expenditure on special projects also increased to EUR 20 billion.
At the same time, the news about the suspension of 60% of the fuel vehicles released by Volkswagen is also reasonable for Volkswagen. Its headquarters in Europe, the European Union issued a strict emission policy early in the morning to promote the domestic car companies as soon as possible to electrification, intelligent transformation, to achieve environmental friendliness, and even many regions have issued regulations requiring the sale of fuel vehicles at a certain point in the future, so Volkswagen cut fuel models is only a matter of time and night.
Now, Volkswagen's sub-brands have also formulated corresponding electrification transformation plans for the time node of 2030, such as Bentley's plan to achieve pure electrification of all products by 2030, and Porsche plans to account for more than 80% of pure electric vehicles in new car sales by 2030.