Volkswagen could share European capacity with Chinese partners, CEO says

Volkswagen AG

30/04/2026 09:29

BERLIN, April 30 (Reuters) - Volkswagen VOWG_p.DE is considering ways to share capacity in Europe with its Chinese partners and could bring its cars developed in China to the market there, CEO Oliver Blume told analysts on Thursday after presenting quarterly results.

Blume said the company would check "if there are opportunities for our Chinese partners in Europe" to deal with excess plant capacity, downplaying one analyst's concerns that this could play into the hands of Chinese brands targeting a larger market share in Europe.

Volkswagen is also looking at "what own China products could fit for the European market, especially in segments where we are not present", he added.

 (Reporting by Rachel More, editing by Thomas Seythal)

 ((rachel.more@thomsonreuters.com;))