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Volkswagen to Face Investors Skeptical of China Turnaround Plan
- Carmaker doesn’t expect market share gains in China until 2026
- VW’s stock performance lags behind rivals Stellantis, BMW
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Volkswagen AG faces an uphill battle to convince investors it can turn around its business in China.
After being leapfrogged by China’s BYD Co. as the nation’s top carmaker, Volkswagen said it’ll take until 2026 to start winning back market share. That prognosis is casting a shadow over a string of key meetings this week, including investor presentations in Beijing.