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Volkswagen: Automaker reveals it's plans to stay relevant amidst scandal

The logo of German carmaker Volkswagen is seen at the Volkswagen (VW) automobile manufacturing plant in a file photo. REUTERS/Imelda Medina

Despite Volkswagen's ongoing diesel scandal, the automaker still has plans to remain relevant.

This year, Volkswagen is currently facing the biggest business-related crisis ever.

 

Unfortunately, things are not getting better as the German automanufacturing company has just recalled 2.4 million cars.

READ: This will be the biggest service action in the company’s history- Spokesman

However, the automaker is making plans to get better in order to stay relevant in the future.

Herbert Diess, an executive, revealed that Volkswagen is geared towards designing electric cars.

Although, the expected date is unknown, the car will debut as a sedan, the Phaeton, and provide 150-310 miles of travel.

 

This is probably the best plan for Volkswagen to remain in the car making business, as Elon Musk, the CEO of Tesla Motors, predicted.

READ: 3 amazing predictions from Elon Musk!

According to him, electric cars are the future.

“There must have been lots of VW under pressure—they’ve run into a physical wall of what might be possible so trickery was the only option. Any car company that doesn’t go electric will go out of business. If I was taking over VW, I’d go the other way and aim to be a leader [in clean vehicles].”

READ: Elon Musk gives his opinion on the Volkswagen scandal

Do you think it is a good idea for Volkswagen to make electric cars?

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Volkswagen: Automaker reveals it's plans to stay relevant amidst scandal Reviewed by Olusola Bodunde on 18:48 Rating: 5

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