Automotive

VW Shifting Gears

Love em' or hate em', you cannot look at auto industry news without learning about Volkswagen lately.
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VW Shifting Gears

🛻 😠A series of letters from NADA and many state dealer associations seek answers from VW. The automaker announced plans to bring back the Scout model truck as an independent brand. Dealers ask VW Group of America CEO Scott Keogh for quick and clear communication regarding the Scouts distribution plan. 

⛽ 💵Ninety-one thousand British drivers will receive an out-of-court settlement from VW after years of litigation. VW admitted that about 11M vehicles, 1.2M in Britain, were fitted with emissions cheating software. In addition to a $242M settlement, the company apologized and pledged to rebuild trust. 

🔋 🏃CEO Herbert Diess recently made remarks indicating some relief to their supply chain woes in the coming months. He believes the company is on track to overtake Tesla as the world EV leader by 2025. The company's plans stem from a projection the semiconductor shortage will ease in the 2nd half of the year.

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