Automaker reveals it's plans to stay relevant amidst scandal

Despite Volkswagen's ongoing diesel scandal, the automaker still has plans to remain relevant.

The logo of German carmaker Volkswagen is seen at the Volkswagen (VW) automobile manufacturing plant in a file photo. REUTERS/Imelda Medina

This year, Volkswagen is currently facing the biggest business-related crisis ever.

Unfortunately, things are not getting better as the German automanufacturing company has just recalled 2.4 million cars.

However, the automaker is making plans to get better in order to stay relevant in the future.

Herbert Diess, an executive, revealed that Volkswagen is geared towards designing electric cars.

Although, the expected date is unknown, the car will debut as a sedan, the Phaeton, and provide 150-310 miles of travel.

This is probably the best plan for Volkswagen to remain in the car making business, as Elon Musk, the CEO of Tesla Motors, predicted.

According to him, electric cars are the future.

“There must have been lots of VW under pressure—they’ve run into a physical wall of what might be possible so trickery was the only option. Any car company that doesn’t go electric will go out of business. If I was taking over VW, I’d go the other way and aim to be a leader [in clean vehicles].”

Do you think it is a good idea for Volkswagen to make electric cars?

Let us know by taking the poll below.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Osinbajo: 'The private sector will rise up to help Nigeria'

Osinbajo: 'The private sector will rise up to help Nigeria'

Kaduna state to begin a 4-day workweek on December 1st

Kaduna state to begin a 4-day workweek on December 1st

Ogun, Nasarawa top states with highest COVID-19 vaccination

Ogun, Nasarawa top states with highest COVID-19 vaccination

INEC registers 4.4m fresh voters for PVC

INEC registers 4.4m fresh voters for PVC

NCDC analysing travellers from countries with confirmed cases of Omicron variant

NCDC analysing travellers from countries with confirmed cases of Omicron variant

Gov Fayemi approves N115m car loan for Ekiti civil servants

Gov Fayemi approves N115m car loan for Ekiti civil servants

Encroachers beg for mercy as FG demolishes illegal structures in FESTAC

Encroachers beg for mercy as FG demolishes illegal structures in FESTAC

Police rescue soldier, 15 travellers  abducted by terrorists

Police rescue soldier, 15 travellers abducted by terrorists

2000 Nigerians apply for 2022-2023 Commonwealth scholarships

2000 Nigerians apply for 2022-2023 Commonwealth scholarships