Volkswagen's new strategy involves 30,000 jobs cuts and a plan to have 30 new hybrids and e-cars by 2025. But will it really help them make it out of the Dieselgate doldrums?
The head of the world's biggest carmaker Volkswagen has issued an unprecedented call to end tax breaks for diesel fuel in Germany, saying the technology must make way for cleaner ways of driving.
German carmaker Volkswagen has announced it will boost investments in the development of electric cars in the next five years. The company has set out to become a global leader in e-mobility and new-energy vehicles.
Automakers at the Frankfurt car show, IAA, have been highlighting their e-auto credentials and distancing themselves from Dieselgate. But how will this impact the European car industry and its 12.6 million employees?
Before the Frankfurt Motor Show opened, car company bosses were read the riot act by the chancellor. Now the show is open to the public, but it is still much too early to speak of a turning point, says Henrik Böhme.
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