Aug 1st, 2024
VW CFO Says Focus Should Be Even More on Fixed Costs
Volkswagen's second quarter margins declined with restructuring charges weighing on its mass-market brands as well as lower deliveries in China. Carmakers including VW are confronting a weakening market, with Renault, Nissan and Stellantis all reporting a slump in operating profit for the first half of the year. VW's CFO Arno Antlitz spoke to Bloomberg's Oliver Crook.



