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  • VW says will quit world rallying championship in 2017
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VW says will quit world rallying championship in 2017

Volkswagen said it will pull out of the world rally championship at the end of the season in 2017 as part of a strategic shift to help overcome its emissions scandal. "The VW brand is facing tremendous challenges," VW brand R&D chief Frank Welsch said on Wednesday, citing the carmaker's push into zero-emission technology. Top executives and labor leaders are aiming to agree a cost-cutting plan and strategy for the VW brand's operations in Germany in time for a meeting of the carmaker's supervisory board on Nov. 18 to ratify future spending plans.
creative November 2, 2016

Volkswagen said it will pull out of the world rally championship at the end of the season in 2017 as part of a strategic shift to help overcome its emissions scandal. “The VW brand is facing tremendous challenges,” VW brand R&D chief Frank Welsch said on Wednesday, citing the carmaker's push into zero-emission technology. Top executives and labor leaders are aiming to agree a cost-cutting plan and strategy for the VW brand's operations in Germany in time for a meeting of the carmaker's supervisory board on Nov. 18 to ratify future spending plans.

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VW says will quit world rallying championship in 2017

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