Really, nothing to do with the massive emissions testing fraud and associated legal costs?
You mean the one pretty much every manufacturer did that just got associated with Volkswagen since they were the first to get caught?
You mean the one where no CEO’s, or any senior leadership, faced criminal prosecution for their coordinated, premeditated, systematic fraud? I member!
VW have been putting billions in China in various investments and joint ventures
This is a bad interpretation from the outlet. VW has been fighting against tariffs for Chinese EVs.
But seriously, they do everything but build compelling and affordable cars.
During COVID they realised they can build only SUVs and sell them for inflated prices and that would be even more lucrative than selling cheaper more affordable and sustainable cars, and now they are surprised why people are not buying their cars.
Mystery, right? /s
Bummer
