This all-electric Audi SUV will go into production in less than two years. It’s expected to be the first direct competition for Tesla — and VW may be about to ensure that Audi can build a whole lot of them. Image source: Audi.
Volkswagen (NASDAQOTH: VLKAY) CEO Matthias Mueller has a big problem. His company is caught in a massive, expensive environmental scandal that is racking up costs, hurting sales, and tarnishing the VW brand.