Subscribe
Automakers

VW expects 2023 to be more difficult than 2022

VW logo in car mirror
(Bloomberg)
B
By:
Bloomberg
December 15, 2022 02:43 PM

Volkswagen Group Chief Financial Officer Arno Antlitz said he expects next year to be “even more challenging” than 2022 as inflation and a worsening economic outlook cut into demand.

Featured Stories

Here’s our list of the 2025 Top 150 dealership groups
Here’s our list of the 2025 Top 150 dealership groups
Dealership groups on 2025 top 150 list compete, consolidate and grow together
Dealership groups on 2025 top 150 list compete, consolidate and grow together
Hyundai warns U.S. dealers of possible price hikes amid 25% tariffs
Hyundai warns U.S. dealers of possible price hikes amid 25% tariffs
Tesla U.S. sales and EV share are in decline. Has the industry disrupter peaked?
Tesla U.S. sales and EV share are in decline. Has the industry disrupter peaked?

Latest News

Stellantis shift to hybrids causes production delays in Europe
Mercedes is stocking inventory in U.S. ahead of tariffs, analysts say
Hyundai warns U.S. dealers of possible price hikes amid 25% tariffs
UAW membership rises 1.3% after successful VW organizing drive
Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

GM’s ‘woefully underutilized’ CAMI plant ideal spot for joint GM-Hyundai vans, analyst says
Trump tariffs will force Europe’s automakers to rethink strategy, ACEA says
Porsche, Mercedes face $3.7B hit from U.S. auto levies
Canada’s auto industry outraged over Trump tariffs
Staying current is easy with newsletters delivered straight to your inbox.