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Business Revolution:  Volkswagen Changes Name to Voltswagen 

Anelis May by Anelis May
4 years ago
in Business News
Volkswagen change its name to Voltswagen

Rumors spread that Volkswagen in United States to likely change its name to ‘Voltswagen’. It’s ahead of the company’s business revolution to electric vehicles.

USA Today reported that Volkswagen announced the official statement of the name change on its official website on March 29, but it has been removed. It appears that a publishing error has occurred because the official statement dated April 29.

A USA Today reporter saw the announcement and saved it before it was deleted.

In Volkswagen’s official statement, ‘More than just a name change,’. Voltswagen ‘is a public declaration of the company’s future investment in e-mobility’.

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“We may replace the ‘K’ with the ‘T’, but we do not change the brand’s commitment. Which is to make best-in-class vehicles for drivers and everyone,” Volkswagen of America CEO Scott Keogh said in the official statement.

According to the official statement, electric cars will have the logo ‘Voltswagen’. While standard cars with fuel engines will use ‘VW’.

Volkswagen did not Comment on This Information

Sources with knowledge of this matter said Volkswagen was not under attack by hackers, nor was the announcement a joke or a marketing trick. The plan to change the name is likely to be permanent.

This name change strategy may bring Volkswagen into a global trend. When various automotive giants such as General Motors and Volvo have announced plans to end sales of fossil-fueled cars.

This name change is also considered to be able to ‘clean’ the Volkswagen name from the diesel emission scandal known as the dieselgate. Volkswagen’s reputation has taken a hit due to problems that cost US $ 30 billion.

 

Read now: Geely China to Launch Premium Electric Cars Competing with Tesla

Anelis May

Anelis May

I love all types of content. Financial news is my specialty though. Full time writer about Financial news, economics, market trends, politics enthusiast and more.

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