{"id":77819,"date":"2024-03-13T03:44:08","date_gmt":"2024-03-13T08:44:08","guid":{"rendered":"https:\/\/equitynewsreport.com\/volkswagen-says-new-models-should-lift-orders-in-western-europe\/"},"modified":"2024-03-13T03:44:08","modified_gmt":"2024-03-13T08:44:08","slug":"volkswagen-says-new-models-should-lift-orders-in-western-europe","status":"publish","type":"post","link":"https:\/\/equitynewsreport.com\/h\/volkswagen-says-new-models-should-lift-orders-in-western-europe\/","title":{"rendered":"Volkswagen says new models should lift orders in Western Europe"},"content":{"rendered":"<div readability=\"63\">\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<img decoding=\"async\" alt=\"Volkswagen says new models should lift orders in Western Europe\" id=\"carouselImage\" src=\"https:\/\/i-invdn-com.investing.com\/trkd-images\/LYNXNPEK2C06F_L.jpg\"><br \/>\n<span class=\"text\">\u00a9 Reuters. FILE PHOTO: A Volkswagen ID.5 electric car is displayed at a showroom of a car dealer in Reze near Nantes, France, November 13, 2023. REUTERS\/Stephane Mahe\/File Photo<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>By Miranda Murray and Nick Carey<\/p>\n<p>BERLIN (Reuters) &#8211; Volkswagen (ETR:) expects vehicle orders in Western Europe to gain a boost in the coming months from new models including fully electric cars, it said on Wednesday. <\/p>\n<p>The German automaker Volkswagen, which recently launched its ID.7 and plans a record 30 more new models during 2024, said it has &#8220;started the new year with a clearly positive trend&#8221; compared with the start of last year.<\/p>\n<p>Volkswagen this month released a muted outlook for 2024 and a higher dividend, rewarding shareholders ahead of what it expects to be a tougher environment for carmakers in light of rising costs and fierce competition.<\/p>\n<p>&#8220;To ensure that we remain successful sustainably, we will focus in 2024 on ramping up new vehicles, reducing costs,&#8221; finance chief Arno Antlitz said in a statement, adding that the company will focus on profitable growth in North America.<\/p>\n<p>Volkswagen has already announced plans to cut administrative staff costs at its VW brand by a fifth, adding that this would be through partial and early retirement rather than layoffs.<\/p>\n<p>The operating profit margin for the group&#8217;s core mass-market brands rose to 5.3% last year from 3.6% in 2022, with the company targeting 8%. <\/p>\n<p>($1 = 0.9153 euros) <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. FILE PHOTO: A Volkswagen ID.5 electric car is displayed at a showroom of a car dealer in Reze near Nantes, France, November 13, 2023. REUTERS\/Stephane Mahe\/File Photo By Miranda Murray and Nick Carey BERLIN (Reuters) &#8211; Volkswagen (ETR:) expects vehicle orders in Western Europe to gain a boost in the coming months from new models including fully electric cars, it said on Wednesday. The German automaker Volkswagen, which recently launched its ID.7 and plans a record 30 more new models during 2024, said it has &#8220;started the new year with a clearly positive trend&#8221; compared with the start [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":77820,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49,50,48,3],"tags":[],"_links":{"self":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77819"}],"collection":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/comments?post=77819"}],"version-history":[{"count":0,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media\/77820"}],"wp:attachment":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media?parent=77819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/categories?post=77819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/tags?post=77819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}