There was a strong signal from gearing at just 13 percent and strong free cash flow generation in Q4, and that’s the reason why the share bounced back.
—Patrick Juchemich
It’s symbolic. It’s still a restructuring story.
This is a well-established procedure, especially for utilitarian cars.
The cooperation makes a lot of sense. The volumes of the respective cars are too low to justify that they go their own way.
The plan makes a lot of sense. A model that is not going to sell more than 100,000 units a year should be developed jointly.
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