Volkswagen Group still doesn't have an approved fix from the EPA and the company just agreed to send $175 million to lawyers representing diesel owners in the US. In other words, the company is in financial trouble and that means some belt tightening needs to happen.
"Audi will delay technology projects at its German base to cut costs, sources at the company said on Monday, as it grapples with the Volkswagen group's emissions scandal and multi-million-euro investments in electric cars and autonomous driving."
The cutbacks are going to hurt projects that were intended to clean up VW and Audi' brand image --- namely self-driving technology and electric vehicles.More information on reuters.com
Audi was caught cheating on its diesel emissions with defeat devices. Twice. It started with the widespread dieselgate story for 2.0L 4-cylinder engines and was followed with a lesser known cheat for vehicles with the ZF 8-speed transmiss