E-mobility – Audi boss expects consolidation – economy


Audi boss Markus Duesmann expects further mergers and acquisitions in the auto industry soon. With the switch to electromobility, “a certain consolidation could take place,” he said. It will not only have consequences for the transmission manufacturers and other suppliers who are heavily dependent on the combustion engine, but “also for the automobile manufacturers. Not everyone will make the switch successfully.” For Audi, on the other hand, new long-term record profits are conceivable in the VW group. The decisive factor is the development of battery costs. It is conceivable that Audi will “one day earn more money with electric cars than we ever made with combustion engines”.

.



Source link