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WATCH: Volkswagen expects car sales to slow down this year. The German auto giant sees a 3% rise in sales, down sharply from 2023 https://t.co/dOQSJX4lRx https://t.co/pgr6rm3nTq
Volkswagen expects car sales to slow down this year. The German auto giant sees a 3% rise in sales, down sharply from 2023 https://t.co/y9EymmnLgR https://t.co/OtPfUwdGmb
Volkswagen anticipates sluggish sales growth in 2024 amid tough market conditions https://t.co/lncLYKPfWX https://t.co/XivTqNEEIy
Volkswagen reports a rise in profits for 2023 but projects cautious outlook for this year due to tough market conditions and slow sales growth. The company expects a 3% increase in car sales in 2024, significantly lower than the previous year. EV sales in Germany diverge from government targets, requiring significant growth to meet goals. Volkswagen also anticipates lower earnings in China with a decline in market share, planning over 30 product launches to boost performance.
