I would not be surprised if a major announcement comes from Junhienrich in the next 18 month , concerning VAG
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This is why it's the Best time to deal with them ,junghienrich will get the better deal.
This might happen in the next couple of years but it will be good for both companies. VAG need to put the emissions behind them and move forward and to do this in electric cars
Their are some investors out there with very deep pockets and With the penalties VAG look a good investment because of the need to raise capital.
Seems like an awful risky time to be doing any joint ventures with Volkswagen right now... $60,000,000,000 worth of penalties is a bit daunting.
From what we understand,there might be more cooperation between the two companies, Junghienrich understand electric vehicles and automation and VAG understand multiple brands and IC engines.
This might involve some type of shareholding by VAG
Do you want to expand a little, this is a very vague assumption, we they be dropping the engine or buying more?
VAG is Volkswagen Audi Group
VAG? Do you mean Volkswagen Audi Group? :)
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