Webcast is expected to complete its sales target and plans to build a new factory in China

At the press conference of the Frankfurt Motor Show in September this year, Franz-Josef Kortüm, chairman of Wei Buster’s Council, stated that Wei Buster plans to achieve continuous growth in sales through investments and acquisitions, and also revealed that it will expand in China. And build a production plant.

In the first half of this year, Wei Buster's sales increased by 12% year-on-year to 1.113 billion euros (about 1.522 billion U.S. dollars), so Wei Buster expects to achieve a sales target of 2.2 billion euros (approximately US$3.008 billion) this year. This means that Weibest’s businesses, including sunroof systems, convertible roof systems, and heating systems, must achieve growth.

Kortüm said: "We will continue to invest in the future, including research and development of new technologies and increase production capacity. This year we plan to invest more than 110 million euros to expand and build new factories, especially in Europe and Asia. The Chinese market is the largest for us. The most important market is that we are preparing to expand the existing two factories and build a new factory in Yantai, China. In addition, when we encounter appropriate opportunities, we will consider favorable cooperation and acquisition of the company. Exclude some new areas.”