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News / Business / Business Briefs

VW unveils new logo, affordable e-cars

By Associated Press
Published: September 9, 2019, 5:05pm

Volkswagen is unwrapping not just new models at the Frankfurt car show, but also a tweaked logo as the world’s biggest carmaker ushers in the electric era.

Little-changed since World War II, the new VW emblem was uncovered atop its headquarters in Wolfsburg on Monday. Then later in Frankfurt, the manufacturer unveiled the VW brand’s electric-powered ID.3, the first model in an unprecedented $33 billion push to make battery-powered vehicles for the masses.

The twin steps — both heavy with symbolism — reflect the high stakes involved in Volkswagen’s ambitions of becoming the world’s electric-car leader just four years after the diesel-cheating scandal plunged it into the worst crisis in its history.

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