VW expects output of MQB-based vehicles to double in 2014

Article by Anita Panait, on September 13, 2013

Volkswagen expects the output of vehicles underpinned by its new MQB modular assembly platform to surge in the next few years, Chief Financial Officer Hans Dieter Poetsch told financial newspaper Boersen-Zeitung in an interview. The carmaker’s MQB platform enables the German carmaker to share more components between different models and engines.

The carmaker is implementing the MQB platform over the next four years at a cost of almost $70 billion, as Morgan Stanley estimated. Poetsch was quoted by Boersen-Zeitung as saying that the output of MQB-based vehicles will likely be below 1 million units this year. He added that production of MQB-underpinned vehicles will double to around 2 million units next year and around 4 million in 2016.

VW Group intends to produce over 40 new vehicles across its volume brands using the front-wheel-drive modular transverse matrix (MQB) architecture, Automotive News Europe reported on June 6. The VW Golf, Audi A3, Skoda Octavia and Seat Leon are the MQB-based vehicles already available for sale.

Poetsch remarked to Boersen-Zeitung that weak car demand in Europe had prompted the carmaker to cut and even postpone some investments not directly related to its products, adding the cost savings affected internal processes and structures. According to Poetsch, VW expected the Western European car market to be on its lowest point since 1993.

Topics: vw, platform

If you liked the article, share on:

Comments

Recommended

When Chevrolet came out with the 2018 Equinox last September, the facelifted model was offered in a diesel option for the first time, plus it weighed much less at 400...
by - July 23, 2017
If you are a huge fan of the hardcore GTS version, you probably know that the closest you could get to that model is the upgraded model of the M4...
by - July 23, 2017
Audi’s intention to bring out the Renn Sport Racing version of the Q5 was made clear when it unveiled the Audi SQ5 at the 2017 Detroit Motor Show early this...
by - July 22, 2017
Kia’s Sorento midsize sports utility vehicle is reaching its mid-cycle for the 2018 model year. Thus, its fans, enthusiasts and satisfied customers are expecting the Sorento to receive an update...
by - July 22, 2017
The Lotus Evora Sport 410 astonished the world after arriving as the more powerful and lighter edition of the already impressive Evora 400. Now, Lotus Cars is throwing in another...
by - July 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries