VW Said to Cut Engineering Frenzy to Revive Profits Amid Scandal

  • New VW brand chief unveiled 12-point strategy to executives
  • Push to rein in expenses to better offset scandal costs

Volkswagen Exec Apologizes to Americans for Scandal

Volkswagen AG’s namesake brand plans to break some expensive habits: developing new car parts from scratch when existing ones would do or making last-minute changes to new vehicles just before they start production.

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