VW will avoid China discount battle 'at any price,' Brandstaetter says

VW Brandstaetter — Ralf Brandstaetter: "Volkswagen is focusing on a sustainable business model. In concrete terms this means that we will not participate in the discount battle at any price." (Friso Gentsch/Friso Gentsch/Volkswagen)

By:

Reuters

May 31, 2023 12:02 PM

BERLIN -- Volkswagen Group will not participate in a discount battle in China "at any price," VW’s China boss, Ralf Brandstaetter, said in an interview.

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