The VW Group still believes in diesel
VW Group chairman Matthias Muller still believes in diesel
Diesel is not dead as a fuel, and it is down to the car industry to change the public’s increasingly poor perception of it, according to Volkswagen Group chairman Matthias Muller.
Speaking on the eve of the Frankfurt motor show where he outlined plans to launch 80 new electrified models across VW’s brands by 2025, Muller stressed that the ongoing sale of conventional petrol and diesel engines was critical to the brand’s success.
“We are in a period of transition, and we must bridge - and fund - that transition by continuing to sell the latest diesel and petrol engines,” said Muller, who outlined a 20 billion euro (£18bn) investment plan into e-mobility. “Today’s engines can contribute to much cleaner air quality, and it is a truth that those profits are what will fund our investments.”