Volkswagen is still investing in its Russian plant despite the severe downturn in that country. But right now, sales have plummeted because many Russians just can't afford a new car. VW cut production at its plant in Kaluga.
Cooperation talks between the German car giant and the Indian market leader about joint development of a car for emerging markets have ended 'amicably' because the pair couldn't achieve planned cost savings.
German car makers "gambled away" public trust by manipulating emissions values in their diesel cars, Chancellor Angela Merkel said in a Dortmund campaign speech. She added that honesty is part of the economy.
After German chancellor candidate Martin Schulz called for a Europe-wide quota for electric cars, the debate among German politicians, the EU and carmakers has picked up steam. In China, such a quota already exists.
A pre-election poll suggests Germans have fallen out of love with their diesel cars, and the politicians who let "dieselgate" unfold right under their noses. "Made in Germany" no longer means what it once did.
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