VW to Reinvent Itself as a Maker of Smartphones on Wheels
- Carmaker to add 20 electric cars, plug-in hybrids by 2020
- New VW Tiguan SUV, Audi A4 set for Frankfurt show this week
To spur demand, the manufacturer is presenting updated versions of the VW Tiguan sport utility vehicle, Audi A4 sedan and Porsche 911 sports car at the Frankfurt show.
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Volkswagen AG, long associated with convenient cars for the masses, is positioning itself for an era when the automobile fulfills a bigger role than just moving people around.
Volkswagen is looking to enable its cars to send and receive data as well as drive on their own, the Wolfsburg, Germany-based company said in a statement Monday. The German manufacturer also plans to roll out 20 electric cars and plug-in hybrids by 2020, ranging from compacts to upscale sedans like the Phaeton, it said.