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Ralf Brandstätter

Ralf Brandstätter

Member of the VW Group Board of Management, CEO Volkswagen Group China

Appears in 1 story

Notable Quotes

Brandstätter has said VW is focusing on an "in China for China" approach, with more local development, tech partnerships and faster execution to restore competitiveness. ([volkswagen-group.com](https://www.volkswagen-group.com/en/press-releases/volkswagen-group-takes-the-offensive-in-china-by-strengthening-tech-capabilities-and-reducing-costs-18350?utm_source=openai))

Stories

Volkswagen tightens a €160 billion bet on its future

Money Moves

Leads ‘in China for China’ strategy and local EV tech partnerships

Volkswagen cut its long-term investment plan to €160 billion through 2030, down from €165 billion (2025–2029) and €180 billion (2024–2028), remaining one of the largest capital programs in global manufacturing. CEO Oliver Blume called it belt-tightening, citing higher U.S. tariffs on European car imports and intense price competition in China. These pressures have eroded Porsche margins and prompted a partial retreat from VW's most ambitious electric-vehicle targets.

Updated 6 days ago