Volkswagen announces that it will cut investment next year by eight percent, or one billion euros, while it shepherds cash to pay for the diesel emissions issue.
The Volkswagen Group had a whole lot and then more to show off at the Frankfurt Motor Show this year. There were about a dozen vehicles rolled out at the pre-show VW Group evening, and then more once the show opened the following morning. For the Volkswagen brand itself, the new production Up! was the main focus, sharing the stage with the Nils concept, the Beetle R showcar and the Polo rally car. But there was, according to the UK's CAR magazine, to be one more major debut.