VW to Scale Back Dealer Network, Offer Online Sales

MUNICH, Oct 10 (Reuters) - Volkswagen plans to shrink its European dealer network and introduce online sales as the cost-cutting automaker adjusts to changing purchasing habits in the digital age. Volkswagen (VW) aims to increase profitability and efficiency at its 3,000-dealer European distribution network by an average 10 percent, VW brand sales chief Juergen Stackmann said on Tuesday. The German carmaker wants to trim the costs of its European dealer network significantly to help double ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? Log in here here.