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VW eyes transport tech deals to boost self-driving car plans

Published Sun, Aug 21, 2016 · 09:50 PM

Frankfurt

VOLKSWAGEN is planning further acquisitions in the market for new transportation technologies and services, a leading manager at the German carmaker says, as it seeks to make up ground after its emissions scandal.

Europe's largest carmaker - which had been reluctant to commit to new industry trends like car sharing - is also looking for more alliances with technology firms as it tries to capture new business post-"Dieselgate", VW digital chief Johann Jungwirth said last Friday.

"Yes, there are further opportunities" for purchases, he said in an interview with Reuters. "We have quite a few things in the pipeline," he said, without going int…

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