VW’s response to failing EV sales is ICE price hikes
11-09-2024 13:30
Volkswagen Group has fallen on hard times, and customers in Europe are going to feel it soon.
For the second time this year, the automaker will be raising prices on all non-electric cars in Germany. The premium will amount to 2.1–4.2 percent based on the model and trim level.
If the company fails to manage its mounting expenses, it may keep continue raising the prices.
Editor Andrew Raspopov
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