Volkswagen (VW) faces "three to four tough years" of restructuring

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Volkswagen (VW) brand head Herbert Diess has said that the company faces "three or four" tough years of restructuring which is required to lead the unit back to competiveness and help repair the damage incurred as a result of the emissions affair. According to a Bloomberg report Diess made the comment in an interview at the Paris Motor Show and set 2020 as the date when the brand will begin to see the fruits of its work to develop new electric vehicles (EVs) that will help reposition the brand.

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