VDA President Wissmann Says Diesel Still Strong in Europe
In an attempt to move on from the diesel emissions scandal VW last week announced a plan to sell up to three million electric vehicles a year by 2025 -- or about one quarter of its projected sales. Importantly, Chief Executive Matthias Mueller also declared that battery technology would become a "new competency," and the carmaker had begun a review of its strategic options in the field. German Association of the Automotive Industry President Matthias Wissmann discusses the future of diesel and the future of Germany's carmakers with Bloomberg's Francine Lacqua on "The Pulse."
Most Recent Videos
Full Show: Bloomberg Daybreak: Americas (09/12)
25:33 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Sen. Pat Toomey, Klaus Zellmer, president and chief executive officer at Porsche Cars North America, and Savita Subramanian, head of U.S. equity and quantitative strategy at Bank of America Merrill Lynch. (Source: Bloomberg)