BERLIN -- Volkswagen Group is shifting more production to North America and China as a result of the war in Ukraine and will prioritize China this year, CEO Herbert Diess said in a press call on Tuesday.
"We will shift more into China because of the situation in Europe," Diess said. When asked about how the carmaker would respond in the event that China attacked Taiwan, he said that he did not believe the country would take such a step.
"China has a high interest to keep borders open," Diess said. "We think it is an asset for us to be strong in China... China is a stronghold for us."