Volkswagen aims further transportation deals

(MENAFN) Volkswagen aims more acquisition in the market for new transportation techs and services and also plans to make up ground after its emissions scandal.

Furthermore, the firm also looks for more alliances with technology companies as it tries to capture new business post-Dieselgate.

The automaker took USD300mn share in May in ride-hailing firms Gett, which competes with Uber as it builds a services business to produce billions of euros in sales by 2025.

However, VW is a latecomer on new technologies as it pushes into self-driving cars and ride-sharing areas.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.