Close Menu
Zero2Turbo
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram RSS
    Zero2Turbo
    • Home
    • Contact
    • Videos
      Featured

      Rimac Nevera R Just Smashed 24 Records Including 431 KM/H Top Speed

      By Zero2TurboJuly 10, 2025
      Recent

      Rimac Nevera R Just Smashed 24 Records Including 431 KM/H Top Speed

      July 10, 2025

      BMW M2 CS Grabs Compact Car Nürburgring Record

      July 3, 2025

      Akrapovic Exhaust Now Available For Your New V8 Hybrid Bentley

      July 3, 2025
    • South Africa
    • Zero2Turbo Telegram
    Zero2Turbo
    Home»News»VW Boss Says All Non-Crucial Projects Will Be Cancelled Or Delayed
    News

    VW Boss Says All Non-Crucial Projects Will Be Cancelled Or Delayed

    By Zero2TurboOctober 7, 2015Updated:March 28, 2017No Comments
    Facebook Email Twitter LinkedIn Telegram WhatsApp
    Share
    Facebook Email Twitter LinkedIn WhatsApp Telegram

    I wonder what projects, Matthias Muller, could be referring to but off the top of my head it would be the Bugatti Veyron successor as well as the Golf R 400.

    Yesterday, Müller addressed workers at the company’s Wolfsburg HQ, telling them: “We will review all planned investments, and what isn’t absolutely vital will be cancelled or delayed. I will be completely clear: this won’t be painless. In addition to the huge financial loss, this crisis is primarily a crisis about a loss of confidence. It affects the core of our company and our identity, our cars, and the essence of the brand: solidity, reliability and credibility.” Muller made mention that the solution to the diesel issue will be solved by software changes on some models and hardware changes on others.

    The first recalls of cars affected by the scandal are due to start in January, with VW hoping to have fixed all affected vehicles by the end of next year. The German manufacturer has already set aside 6.5 billion euros to cover the costs of the scandal, but many industry commentators believe that figure will rise, possibly to a figure three times higher. Since the scandal broke, VW’s share price has fallen by almost half its value.

    Share. Facebook Email Twitter LinkedIn WhatsApp Telegram
    Previous ArticleHoracio Pagani Bought Himself A Superb Blue Porsche 918 Spyder
    Next Article Clay Pigeon Shooting Out Of A Rare Ferrari 599 SA Aperta Does Not Sound Like Your Average Day

    Related Posts

    Maserati Reveal Evolution of The MC20 Called MCPura

    July 10, 2025

    Rimac Nevera R Just Smashed 24 Records Including 431 KM/H Top Speed

    July 10, 2025

    Lanzante Reveal 850 HP (634 kW) 95-59 Three-Seater

    July 10, 2025

    Porsche Taycan and Cayenne Black Editions Revealed

    July 10, 2025

    AC Cars Reveals Radical 1,025 HP (764 kW) GT SuperSport

    July 9, 2025

    Mercedes-AMG E 53 Edition 1 Now Available In South Africa

    July 9, 2025
    Facebook X (Twitter) Instagram YouTube RSS
    Designed by Zero2Turbo.

    Type above and press Enter to search. Press Esc to cancel.