Brazil, which the German manufacturer claims to be South America's largest market, is what it hopes to target.

South America is a rapidly expanding auto market, and it is crucial to Volkswagen strategically.

The local team has accomplished the turnaround in recent years.

The current task is to keep working on the cost position while doing so.

According to studies conducted by Volkswagen, through 2030, the South American car market will expand by 11%.

The Volkswagen ID.4 and will arrive in Brazil thanks to the European automaker.

VW aims to invest €1 billion in its South American expansion strategies by 2026.

The battery-electric vehicle (BEV) market is something that the German automaker wants to expand.