This month, Volkswagen expects to quadruple the number of cars sold in February in China. Stephan Wöllenstein, responsible for the brand's Chinese operations, expects to register approximately one million new vehicles.
Volkswagen is therefore "cautiously optimistic" about the recovery in China after the outbreak of the corona virus. However, the German brand takes into account a shrinkage of the Chinese market of between 3 and 15 percent.
About 250,000 new cars were sold in February, of which some 18,000 were Volkswagens. Wöllenstein thinks the worst is over in two to three months.
The CEO in China expects to be able to resume the course set last year sometime in June. In conversation with news agency Reuters, he confirmed that the planned investment of 4 billion euros will continue. Of this, 1.6 billion euros is reserved for electric cars.
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The coronavirus in short
- The coronavirus mainly spreads from person to person via sneezing and cough drops. The chance of becoming infected through surfaces such as door handles is small. This chance decreases if you wash your hands often.
- You can considerably reduce the chance of spreading by keeping at least 1.5 meters away from others.
- An infected person infects two to three others on average. Precautions are necessary to contain this.
- The vast majority of patients have mild (flu-like) complaints.
- Almost all deaths involve the elderly or other vulnerable persons, such as heart, lung or diabetes patients. If everyone complies with the measures, this reduces their risks.
- Read here what precautions you should take.