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VW defends discussions with rivals amid cartel probe

Published Thu, Jul 27, 2017 · 09:50 PM
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Frankfurt

VOLKSWAGEN AG (VW) defended the practice of talking with rivals about general technical developments, calling discussions with peers a commonplace way to foster innovation.

"This brings benefits in many respects, not least for customers, because innovative solutions become available more quickly and at a lower price than costlier individual solutions," VW said on Wednesday in an emailed statement following an extraordinary supervisory meeting.

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