On the dominated by off-road vehicles and pick-ups US car market, electric cars can prevail in the opinion of VW quite. The sales director of the core brand Volkswagen, Jürgen Stackmann, sees good chances that German carmakers will benefit as well.
American manufacturers like General Motors (GM), meanwhile, have to shoulder heavy financial burdens, which will be thwarted by the tax reform of US President Donald Trump.
VW manager Stackmann told the German press agency on the sidelines of the auto show in Detroit that the hitherto slow-moving e-mobility in the Federal Republic also has potential in the USA as well: “We are assuming that, especially in the American metropolitan areas Electrification is making rapid progress on the east and west coasts. “Large segments could quickly be filled by Volkswagen to” be ahead of the wave and not behind it “.
Despite the predicted by experts weakening of the entire US market, the brand could gain there. The project was ambitious. “But we are sure that we will be able to achieve good growth in 2018,” Stackmann explained. In 2017, VW had boosted its sales in the US, where in 2015 the exhaust gas scandal around manipulated diesel engines had flown up, by 5.2 percent to 340,000 cars. In contrast, the number of delivered cars fell in December by 18.7 percent to 30 300 pieces.
“As far as charging infrastructure is concerned, a lot is happening in the country, which means that the barriers to entry into electromobility are falling,” said the VW board member. By 2020, they want to be on the market with the electric ID model family, the prelude makes the SUV ID Crozz. For the foreseeable future, the diesel would not be an option in the US after the emissions scandal.
In the United States VW as a volume manufacturer so far had no chance against the domestic industry giants GM, Ford and Fiat Chrysler. The largest US automaker GM expects business to continue to pick up, but because of the tax reform but first a high special load digest: In the fourth quarter, the abolition of certain tax benefits should lead to a write-off of about 7 billion dollars (5.7 billion euros), said the group is in Detroit on Tuesday.
The reduction of corporate taxes from 35 to 21 percent also reduces the amounts that can be deducted from tax credits. This is a major adjustment to balance sheet adjustments at US companies.
GM will submit its business results on February 6th. For the current year, the Group is optimistic. Despite a costly move to a new generation of pick-up trucks, he expects to keep earnings at the record levels of 2017.