Volkswagen is open to allowing Chinese carmakers to take over its excess production lines in Europe, as it grapples with falling demand and rising competition from the very same companies eyeing its ...
VW isn’t the only company that has raised the alarm over the European Union’s strict emissions targets. Earlier this year, some of the world’s largest automakers announced they wanted to pool their EU ...
Volkswagen wants to boost sales of electric cars to avoid 1.5 billion euros ($1.56 billion) in fines under stricter EU carbon emissions targets, a source at the German car giant said Tuesday.