Volkswagen (pref) : Raises 2025 margins target, further boosts its focus on electromobility during 2030 strategy update
>2030 strategy focused more than ever on electrification and software - A couple of months after its Power Day event, Volkswagen on Tuesday hosted its 2030 strategy presentation where it detailed its long-term ambitions which are more than ever focused on electrification, software and, more generally, new vehicle architectures. This transformation should not be at the expense of the financial performance with the group yesterday raising its 2025 operating margin expec...Volkswagen the parent company of the Volkswagen Group. It develops vehicles and components for the Group's brands, and produces and sells vehicles such as passenger cars and light commercial vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands. In the electricity sector, Co. performs electricity generation, sales and distribution together with a Group subsidiary. Western Europe, China, Brazil, the U.S., Russia, Mexico and Argentina are the key markets of the Group. The automotive division comprises the passenger cars, commercial vehicles, and power engineering segments, while the financial services division corresponds to the financial services segment.
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