Volkswagen CEO sees no diesel in future of U.S. business | Reuters
By Andreas Cremer and Alexandria Sage | WOLFSBURG, Germany/SAN FRANCISCO WOLFSBURG, Germany/SAN FRANCISCO Volkswagen will no longer offer diesel vehicles in the United States, its global brand chief said on Tuesday, ending speculation the company might return to the technology after its emissions scandal fades from memory.The comments by Volkswagen brand Chief Executive Herbert Diess, first reported by European business daily Handelsblatt and confirmed to Reuters by a VW spokesman, were the strongest yet to deny the possibility that diesel - once a quarter of the brand's U.S. sales - could be a part of Volkswagen's future U.S. lineup.Volkswagen reached a $14.7 billion settlement with 475,000 U.S.
The post Volkswagen CEO sees no diesel in future of U.S. business
| Reuters appeared first on Firstpost.