Volkswagen brand will be electric-only carmaker in Europe from 2033: Brand chief https://ift.tt/oFm3pR1

Thomas Schaefer said in the coming decade the VW brand would narrow down the number of models on offer to focus on core models, with the aim of raising the profit margin for all volume brands - Volkswagen, SEAT, Skoda, and commercial vehicles - to 8% by 2025.