Overview:
1. What is behind the Volkswagen Group’s “For Europe” initiative?
With “For Europe,” the Volkswagen Group is reaffirming its commitment to its home market and, in light of enormous global competitive pressure, calling for closer cooperation between business and politics. The goal is to sustainably secure Europe’s industrial base through technological innovations and strong local value chains.
2. How does the Volkswagen Group plan to strengthen its competitiveness in Europe?
To create efficient structures, the Group is driving forward the largest transformation program in its history and is investing heavily in key technologies such as electric mobility, software, and artificial intelligence. In addition, Group CEO Oliver Blume is calling on policymakers to create better framework conditions, for example regarding CO₂ regulations and trade with China.
3. How important is the European market for the Volkswagen Group?
With 44 percent of global deliveries, 55 plants, and over 476,000 employees, Europe is by far the Group’s largest and most important market. With a strong market share of 27 percent in fully electric vehicles, the company is playing a leading role in driving the mobility transition here.