Subscribe
Newsletters

VW will save 1.9 billion euros by reducing variants

November 27, 2015 05:00 AM

FRANKFURT (Bloomberg) -- Volkswagen Group has identified about 1.9 billion euros ($2 billion) in savings at its namesake car brand to help offset fines and recalls stemming from the manipulation of vehicle emissions.

Featured Stories

BYD unveils faster-charging EV platform that powers 249 miles of range in 5 minutes
BYD unveils faster-charging EV platform that powers 249 miles of range in 5 minutes
Honda to buy hybrid batteries from Toyota’s $13.9B N.C. complex as tariff workaround, report says
Honda to buy hybrid batteries from Toyota’s $13.9B N.C. complex as tariff workaround, report says
The 3 most probable tariff scenarios auto faces, according to S&P
The 3 most probable tariff scenarios auto faces, according to S&P
Foxconn nears EV deal with two Japan companies after collapse of Honda-Nissan talks, report says
Foxconn nears EV deal with two Japan companies after collapse of Honda-Nissan talks, report says

Latest News

Former subprime lender sentenced to four years in prison
Daily 5 report for March 17: Tariffs make for strange bedfellows as Toyota and Honda team up
Genesis names Amy Marentic as new CMO after Drew Slaven’s quick exit
Toyota Financial’s Anna Sampang to lead expanded customer efforts; Amazon exec to take chief information officer role
Staying current is easy with newsletters delivered straight to your inbox.

See More in Newsletters

Guest commentary: For Akio Toyoda’s sake, he must listen to Toyota’s dissatisfied shareholders and reform strategy
Top 5 stories of the week: Women in auto; Birchwood’s latest buy; GM improves profit; more
Automotive News Europe awards the 2024 Eurostars
Top 5 stories of the week: Northvolt woes; Alpha’s big buy; all-stars; and more
Staying current is easy with newsletters delivered straight to your inbox.