The epidemic of COVID-19 significantly influenced the Volkswagen Group’s operations during the reporting period, resulting in lower data for deliveries, sales revenue, and profit, as well as departures from the initial expectation. Currently, Volkswagen is already the market leader in Europe, and its sales are growing in the United States and China. Hence, it can pique consumer interest by continuing to develop and upgrade vehicle models. Volkswagen will also have to focus on other emerging markets like Brazil, Russia, and India.
In the recent past, both GM and Toyota ran into problems as they chased the goal of becoming the world’s leader in terms of unit sales. GM achieved this goal but lost billions in the process and ended up in bankruptcy (in 2008). Toyota then pushed output and briefly held the number-one spot in terms of unit sales but found that the emphasis on increasing output meant that quality issues arose – which then negatively affected its reputation. If you were asked to advise VW, what pitfalls would you point to that may need to be considered when attempting to be the world leader in unit output? How might VW avoid those pitfalls?
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Academic.Tips. (2023) 'In the recent past, both GM and Toyota ran into problems as they chased the goal of becoming the world’s leader in terms of unit sales. GM achieved this goal but lost billions in the process and ended up in bankruptcy (in 2008). Toyota then pushed output and briefly held the number-one spot in terms of unit sales but found that the emphasis on increasing output meant that quality issues arose – which then negatively affected its reputation. If you were asked to advise VW, what pitfalls would you point to that may need to be considered when attempting to be the world leader in unit output? How might VW avoid those pitfalls'. 20 January.
Reference
Academic.Tips. (2023, January 20). In the recent past, both GM and Toyota ran into problems as they chased the goal of becoming the world’s leader in terms of unit sales. GM achieved this goal but lost billions in the process and ended up in bankruptcy (in 2008). Toyota then pushed output and briefly held the number-one spot in terms of unit sales but found that the emphasis on increasing output meant that quality issues arose – which then negatively affected its reputation. If you were asked to advise VW, what pitfalls would you point to that may need to be considered when attempting to be the world leader in unit output? How might VW avoid those pitfalls? https://academic.tips/question/in-the-recent-past-both-gm-and-toyota-ran-into-problems-as-they-chased-the-goal-of-becoming-the-worlds-leader-in-terms-of-unit-sales-gm-achieved-this-goal-but-lost-billions-in-the-process-a/
References
Academic.Tips. 2023. "In the recent past, both GM and Toyota ran into problems as they chased the goal of becoming the world’s leader in terms of unit sales. GM achieved this goal but lost billions in the process and ended up in bankruptcy (in 2008). Toyota then pushed output and briefly held the number-one spot in terms of unit sales but found that the emphasis on increasing output meant that quality issues arose – which then negatively affected its reputation. If you were asked to advise VW, what pitfalls would you point to that may need to be considered when attempting to be the world leader in unit output? How might VW avoid those pitfalls?" January 20, 2023. https://academic.tips/question/in-the-recent-past-both-gm-and-toyota-ran-into-problems-as-they-chased-the-goal-of-becoming-the-worlds-leader-in-terms-of-unit-sales-gm-achieved-this-goal-but-lost-billions-in-the-process-a/.
1. Academic.Tips. "In the recent past, both GM and Toyota ran into problems as they chased the goal of becoming the world’s leader in terms of unit sales. GM achieved this goal but lost billions in the process and ended up in bankruptcy (in 2008). Toyota then pushed output and briefly held the number-one spot in terms of unit sales but found that the emphasis on increasing output meant that quality issues arose – which then negatively affected its reputation. If you were asked to advise VW, what pitfalls would you point to that may need to be considered when attempting to be the world leader in unit output? How might VW avoid those pitfalls?" January 20, 2023. https://academic.tips/question/in-the-recent-past-both-gm-and-toyota-ran-into-problems-as-they-chased-the-goal-of-becoming-the-worlds-leader-in-terms-of-unit-sales-gm-achieved-this-goal-but-lost-billions-in-the-process-a/.
Bibliography
Academic.Tips. "In the recent past, both GM and Toyota ran into problems as they chased the goal of becoming the world’s leader in terms of unit sales. GM achieved this goal but lost billions in the process and ended up in bankruptcy (in 2008). Toyota then pushed output and briefly held the number-one spot in terms of unit sales but found that the emphasis on increasing output meant that quality issues arose – which then negatively affected its reputation. If you were asked to advise VW, what pitfalls would you point to that may need to be considered when attempting to be the world leader in unit output? How might VW avoid those pitfalls?" January 20, 2023. https://academic.tips/question/in-the-recent-past-both-gm-and-toyota-ran-into-problems-as-they-chased-the-goal-of-becoming-the-worlds-leader-in-terms-of-unit-sales-gm-achieved-this-goal-but-lost-billions-in-the-process-a/.
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"In the recent past, both GM and Toyota ran into problems as they chased the goal of becoming the world’s leader in terms of unit sales. GM achieved this goal but lost billions in the process and ended up in bankruptcy (in 2008). Toyota then pushed output and briefly held the number-one spot in terms of unit sales but found that the emphasis on increasing output meant that quality issues arose – which then negatively affected its reputation. If you were asked to advise VW, what pitfalls would you point to that may need to be considered when attempting to be the world leader in unit output? How might VW avoid those pitfalls?" Academic.Tips, 20 Jan. 2023, academic.tips/question/in-the-recent-past-both-gm-and-toyota-ran-into-problems-as-they-chased-the-goal-of-becoming-the-worlds-leader-in-terms-of-unit-sales-gm-achieved-this-goal-but-lost-billions-in-the-process-a/.