VW aims to sell more SUVs to finance development of electric and autonomous cars
Car buyers around the world are “in love with SUVs,” Jürgen Stackmann, member of the Board of Management of the Volkswagen Passenger Cars brand, told the news agency dpa. By 2025, every second car sold by VW would be an SUV. According to Stackmann, the company can earn more money with SUVs, and this will help VW secure the investment needed into electric mobility and self-driving cars. The downside is that SUVs generally use more fuel and thus also emit more CO2, the article points out.
Read a short version of the article in German here.
Find a press release by VW in English here.
For background, read the CLEW article Why the German diesel summit matters for climate and energy and the interview Disruption caused by energy transition is unstoppable- Amory Lovins.