Report: VW might offload niche brands, nix electric sports car platform
By feedback@highgearmedia.com (Eric C. Evarts) Volkswagen’s transformation from the world’s leading maker of diesel cars to focusing on electrics isn’t coming cheap. The company has reportedly paid as much as $30 billion to put its diesel emissions scandal in the rearview mirror (mostly), and it’s investing up to $50 billion more to develop electric cars. …read more