The head of Volkswagen's core brand is sketching out a broad restructuring emphasizing electric cars and digital technology such as autonomous vehicles and car-sharing.
Volkswagen division head Herbert Diess said Tuesday at a news conference at company headquarters in Wolfsburg, Germany that the goal is "to fundamentally change Volkswagen" as it bounces back from a scandal over cars rigged to cheat on diesel emissions tests.
The plan foresees new investments in electric-car technology and in software that would enable new ways of using and sharing cars over the longer term.
Would all this upheaval in the auto industry be happening without Tesla?
(Score: 0) by Anonymous Coward on Thursday November 24 2016, @02:58AM
Selling autonomous electric digital carpooling doohickeys won't matter a whit if the commoners have no money to spend on such luxuries. I doubt billionaire playboy Musk is interested unless he buys the entire company, liquidates everything and lays off all the employees, producing even more poor people.