Friday, June 17, 2016

VW bet on electric cars after scandal – El Universal

Volkswagen plans to accelerate its range of electric vehicles to its catalog as it struggles to regain its image after a scandal over diesel cars engineered to circumvent emissions testing.

The German company plans to introduce more 30 electric vehicles by 2025 and sell 2-3000000 of these models a year, the CEO of the company, Matthias Mueller said Thursday.

the plans were announced at the launch of the new strategy the company, which aims to streamline and refocus its business for the future. The plan, called “Together – Strategy 2025″, also includes an emphasis on digital mobility, which could involve applications for cars or car-sharing

The company also set a goal of increasing profitability. its main brand Volkswagen, which only produces benefits. Mueller said the company will make efforts to improve its operating profit margin from the current 6% to between 7% and 8% by 2025.

The company, he said, will also try to have a more transparent management and less confident she can do it all without the advice of consultants or other executives.

“Our main value is trust,” Mueller said at a news conference at the center for adjacent visitors to the headquarters of the company in Wolfsburg, Germany. He acknowledged it will be difficult to regain public confidence after the scandal.

Mueller said the company needs more electric vehicles to meet stricter standards on emissions of carbon dioxide, the gas that scientists in one of the main causes of global warming, and other pollutants. He said, however, that the company will continue to manufacture internal combustion engines.

Volkswagen concentrated on making diesel machines to adhere to the anti-pollution standards, but that strategy suffered a huge setback when it was discovered that the company had manipulated their vehicles with software that controls emission lit during testing, but fading in everyday activity.

The company is currently negotiating an agreement with the US authorities in a federal court in San Francisco, to repair or replace about 500 thousand vehicles containing the problematic software. Some 11 million vehicles were sold worldwide with that program.

The company has reserved at least 16 billion 200 million euros (18 thousand 100 million dollars) from its profits last year to finance repairs and returns of vehicles. Mueller said he had no reason to increase that number based on the information obtained until now, but that could change once the agreement with the US authorities concrete.

erp

LikeTweet

No comments:

Post a Comment