An all-electric microbus from Volkswagen may soon hit the market. For now, the company will be unveiling a prototype at the consumer Electronics Show (CES). It is said that lithium-ion battery packs of the new camper will boast a range of up to 310 miles, according to a report from UK-based Autocar.
Volkswagen AG CEO Matthias Mueller is going to have a hard time on Wednesday, as he will meet investors for the first time since the company faced the emissions scandal. He will meet with them to report a loss during its third quarter. It is another first in many years for the German automaker, Volkswagen AG.
Fiat Chrysler has been facing immense resistance from its workers over its proposed labor contract. The company’s inability to deal with the previous wage increasing promises has left the workers in doubt.
The members of the United Auto Workers Union started voting on the new proposal last week. Now, most of the units have decided to refuse the proposal.