VW China's footprint key to global aspirations, outgoing CEO Wollenstein says
Wollenstein: “If you are not in China and if you do not cope with China’s speed and treat China specifically, I have my doubts that you will be a leading manufacturer in the next 5-to-10 years."
Suppliers have become more pessimistic about their financial outlooks and how globally competitive they are since tariffs have gone into place, MEMA data shows.