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Volkswagen Abruptly Shifts Gears, From Crisis to Optimism
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Volkswagen, facing market share losses in China, massive EV investment and a shrunken European market, spent late 2024 arguing it needed to shrink its German footprint. Investors have been much more upbeat about the prospects of Europe’s outsize automotive sector this year, and VW’s annual results reinforced the trend. The European market leader said order intake in its home region at the end of 2024 and in the first two months of 2025 had been strong.
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