FRANKFURT — Volkswagen Group expects automobile revenue in China to quadruple in March, the head of its China functions stated, pointing to a recovery subsequent the coronavirus pandemic.
“We are cautiously optimistic that the worst outcomes of the disaster will be behind us in two to three months,” stated Stephan Woellenstein, head of VW Group’s China enterprise.
VW is the biggest world automaker in China.
Demand from customers was nonetheless minimal, the automaker stated, but it is organized to ramp up potential at factories in the country, 22 of which experienced resumed production. Two assembly vegetation in Changsha and Urumqi