Volkswagen AG (OTC: VWAGY) has delayed the launch of its ID.3 model electric vehicle until at least September, according to a Wall Street Journal report. It is calling its upcoming lineup "electric vehicles for millions, not just millionaires," in an apparent swipe at category leader Tesla. This week, Volkswagen announced a shuffle in management responsibilities, with CEO Herbert Diess relinquishing his role as chief of the VW brand. Read More...
Report: Volkswagen Runs Into Software Issues in Race to Catch Tesla
Volkswagen AG (OTC: VWAGY) has delayed the launch of its ID.3 model electric vehicle until at least September, according to a Wall Street Journal report. It is calling its upcoming lineup “electric vehicles for millions, not just millionaires,” in an apparent swipe at category leader Tesla. This week, Volkswagen announced a shuffle in management responsibilities, with CEO Herbert Diess relinquishing his role as chief of the VW brand.
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