The article below is sourced from Reuters Wire Service. The views and opinions expressed in this story are those of the Reuters Wire Service and do not necessarily reflect the official policy or position of NADA.
Volkswagen brand aims to win back market share with eight new affordable electric models to be rolled out by 2027, brand head Thomas Schaefer told the publication auto motor und sport on Wednesday.
"We have to produce our vehicles profitably and put them on the road at affordable prices," the publication quoted him as saying. It also reported that the ID.2 small car model would be developed in 36 months instead of 50 months.
For more stories like this, bookmark www.NADAheadlines.org as a favorite in the browser of your choice and subscribe to our newsletter here: