Volkswagen’s management board will sign off on a budget car for emerging markets after ending a long struggle to meet cost targets for the vehicle, a German business magazine said.
Daily Archives: March 21, 2014
VW keeps to Russia growth plan as Europe weighs sanctions
Volkswagen Group will stick with ambitious expansion plans in Russia even as European leaders consider sanctions over the country’s seizure of Crimea, CEO Martin Winterkorn said.
Porsche CEO Matthias Müller, considering an all electric vehicle
Back in 2011, Porsche launched three purely electric-powered Boxster prototypes, that were described as “mobile laboratories” for large-scale tests that will help Porsche gather feedback about electric cars, user behaviour and their practicality.
