VW Group said it will reduce investment spending at the VW brand by $1.1 billion a year, switch to a different diesel emissions treatment technology and launch an all-electric Phaeton sedan as the flagship for a new focus on electrification.
VW Group said it will reduce investment spending at the VW brand by $1.1 billion a year, switch to a different diesel emissions treatment technology and launch an all-electric Phaeton sedan as the flagship for a new focus on electrification.