Volkswagen shifts its fuel type strategy

As of September 30, 2015, it was confirmed that some five million Volkswagen-branded cars, 2.1 million Audi vehicles, 1.2 million Skoda automobiles, and 700,000 Seat cars, as well as 1.8 million VW commercial vehicles were fitted with a defeat device in their engines, and were thus affected by the Volkswagen diesel deception scandal. Five years on, the company gets invested in new drivetrain technologies. Volkswagen aims to expand its electric car model range and tap into the growing European market for electric vehicles.

Volkswagen's brands

Although the VW brand is the group’s most prolific marque, the automotive company has acquired several other brands over the last years. Volkswagen's most notable brands include Audi, Bentley, SEAT, Porsche, and Škoda. In addition to its commercial vehicle segment, the automobile firm finalized a deal to acquire U.S.-based Navistar, as well as Scania and MAN, two European manufacturers of commercial vehicles and engines. The Volkswagen Group also holds stakes in the Ducati motorcycle brand.

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