Cutting carbon, meeting real-life emission tests, new electric cars to hurt profits, VW says
By feedback@highgearmedia.com (John Voelcker) Well, that’s awkward. At its annual media briefing on Wednesday, Volkswagen Group executives said the costs of meeting new emission tests in the EU, lowering carbon emissions globally, and launching multiple new electric models would eat into the company’s profits. With the company’s diesels in disfavor even in Europe and …read more