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.
The new Volkswagen Golf has been revealed in Berlin, more than three and a half decades after the original redefined the small family automobile. VW’s seventh generation Golf adds to the accomplishment of its forerunners that sold over 29 million cars, producing new heights of comfort, functionality, safety, and effectiveness to the group.
Even though it offers more passenger room and more advanced technology than before, new manufacturing methods add to the VW Golf Mk VII being lighter by almost 100 kg than the vehicle it replaces, making it almost 23 per cent more effective. Also, the new Golf is safer than before, due to not just a stronger body that is 23 kg lighter, but also to a range of standard and optional passive and active safety systems.
VW Golf is constructed on the MQB (Modularer Querbaukasten) platform, or the Modular Transverse Matrix. This sets a standard throughout many automobile features across brands and classes, and it gives access to new powertrains and technologies, including advances in safety and infotainment, that had been previously available only in the higher segment vehicles.