German Finance Minister Says VW Won't Be The Same Company It Once Was
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble told a regional newspaper consortium that Volkswagen would undergo significant structural changes after the carmaker rigged its emissions tests.
"In the end, VW will not be the same company it once was. A lot will change from a structural perspective," Schaeuble was quoted as saying.
He denied that the VW crisis represented a danger to the German economy or its attractiveness as a business location, saying: "We will come out of this crisis stronger. We learn from crises."
© Copyright IBTimes 2024. All rights reserved.
Join the Discussion
Editor's pick