The challenge the entire automotive industry has to meet now is how to cut emissions. Diesel doesn’t go far enough, and electric has the problem of its short range. Volkswagen says compressed natural gas could be the answer.
The German auto giant has said savings will come from culling models as well as workforce. The company also plans to triple the number of SUVs in its fleet while expanding its offer of electric cars.
The latest and final version of the Volkswagen Beetle has been unveiled at the LA Auto Show. VW is preparing to turn its focus towards a future of mass-market electric cars.
The automaker has criticized the ruling, saying car owners "have suffered neither losses nor damages." But the court's judges said VW acted "immorally" by installing emissions-cheating software on millions of vehicles.
Volkswagen has seen net profits for the third quarter of 2018 more than double from the same period last year. The figures suggest that VW is pulling itself out of crisis following its emissions-cheating scandal.
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