Herbert Diess Profile picture
CEO @VWGroup Imprint & Legal: https://t.co/7olqrd1IWS DAT: https://t.co/nltvUe4a0X

Jul 13, 2021, 7 tweets

Why we name our @VWGroup strategy #NEWAUTO? Because cars are here to stay. The automobile has an incredible #future, gaining importance and changing more than ever before in its 100-year history.

It will remain desirable and valuable and will continue to stand for individual freedom. For even more people than today. The car has a great future. In the next 10 years, we will reinvent it.

#NEWAUTO will become sustainable, emission-free, incredibly safe, comfortable & practical: The car will lose almost all of its negative attributes. It will become a retreat, a workplace, a family travel salon, a sleeping car - yes: the most popular means of transportation.

.@VWGroup is upgrading for this time and positioning itself to future-proof individual mobility: mobility for generations to come. We are focusing on the three major global markets: the #USA, #China and #Europe. That's where the car is being reinvented first.

We work in brand groups: Volume is led by the @volkswagen and Premium by @AudiOfficial. @Porsche remains on its own and remains fast. We bundle our scales - 10 million cars/year via common platforms: Hardware, Software, Battery & Charging and Mobility Solutions.

50% of our investments go into future technologies, making #NEWAUTO the most complex, most desirable internet device - smart and sustainable. A large part of resources goes into #autonomous driving - into the car as part of a neural network that learns to drive better every day.

We are transforming our business together with our employees, learning new skills quickly, working globally, and financing ourselves through our continuing profitable business with combustion engines and increasingly e-vehicles.

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