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Volkswagen’s Finance Chief Confirms Company Has ‘One, Maybe Two Years’ To Turn Things Around

Volkswagen’s Finance Chief Confirms Company Has ‘One, Maybe Two Years’ To Turn Things Around

Volkswagen’s ongoing challenges have apparently reached critical mass with the company confirming that the Volkswagen brand has only a few years remaining to turn things around before it reaches the point of no return. Stunning admission comes as the company continues to navigate its way through challenging times.

New EV Maker Scout Motors Breaks Ground on $2 Billion Plant

New EV Maker Scout Motors Breaks Ground on $2 Billion Plant

The stagnation of electric vehicle sales isn’t slowing the charge of automakers into the market. Scout Motors, Volkswagen’s U.S. EV subsidiary, broke ground on its $2 billion plant in South Carolina. The company expects vehicles to begin rolling off the line there in 2026. Headlight.News has details.