VW chief sees diesel making comeback
Print Edition
The chief executive of the world鈥檚 largest carmaker Volkswagen said yesterday he was convinced of a comeback for diesel motors, two-and-a-half years after the firm admitted to emissions cheating on a massive scale.
鈥淚 don鈥檛 only hope that diesel won鈥檛 be talked to death, I am convinced that diesel is experiencing a renaissance,鈥 Matthias Mueller said in Berlin.
While the automaker is engaged in a massive push to develop new electric and hybrid models, 鈥渨e will create the technical conditions for existing drive concepts and electric vehicle concepts to co-exist,鈥 he added.
Over the coming five years, VW plans to spend more than 34 billion euros (US$42 billion) on research and development and investments in its range of future projects, from electric cars to autonomous driving.
But the same time period will see the Wolfsburg-based group pump more than 90 billion euros into traditional diesel, petrol and natural gas motors, with a new generation of internal combustion engines set for release next year.
鈥淲e are investing strongly in tomorrow鈥檚 mobility, but without neglecting the current technologies and vehicles that will continue to play an important role for decades,鈥 Mueller said.
The diesel鈥檚 market share in Germany has slumped to just 33 percent since September 2015, when VW admitted to cheating regulators鈥 tests for harmful emissions on 11 million vehicles worldwide.
Fallout from the scandal cost it 3.2 billion euros last year, it said in February, but did not stop it from booking 11.4 billion euros in profit 鈥 around the same level as the year before 鈥渄ieselgate鈥 became public.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
