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Old 09-14-2019, 10:51 AM   #1
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Default How VW is shifting its strategy from empire building to efficiency

Filed under: Green,Frankfurt Motor Show,Volkswagen,Electric,Future
Volkswagen has abandoned its decades-old obsession with empire building and no-expense-spared engineering to free up resources for the development and mass production of electric cars, its CEO Herbert Diess told Reuters. A global clampdown on toxic exhaust fumes has triggered a new wave of consolidation in the auto industry as carmakers look for ways to slash development costs for low-emission and self-driving technologies. While rivals such as FiatChrysler and Renault explore a $3Continue reading How VW is shifting its strategy from empire building to efficiency
How VW is shifting its strategy from empire building to efficiency originally appeared on Autoblog on Sat, 14 Sep 2019 09:25:00 EDT. Please see our terms for use of feeds.


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