Thursday, May 13, 2021

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Volkswagen

Volkswagen Group cuts 2020 forecast after sharp fall in Q1 sales

Germany’s Volkswagen, VW, on Thursday said it would not meet its 2020 forecasts, after the group saw turnover fall to 55 billion euros (or 60 billion dollars) in the first quarter, down from 60 billion euros a year ago.

Merkel condemns carmakers’ emissions testing on monkeys, humans

German Chancellor Angela Merkel had condemned diesel emissions tests that were allegedly carried out on monkeys and humans by three major carmakers. “These tests on...

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