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Month: November 2019

VW finance chief outlines road map for $222 billion ambition

VW finance chief outlines road map for $222 billion ambition

Christoph Rauwald, Bloomberg Published 12:20 p.m. ET Oct. 28, 2019 | Updated 12:23 p.m. ET Oct. 28, 2019 Days before production starts on Volkswagen AG’s cornerstone electric vehicle, the German manufacturer is stepping up a campaign to more than double its market value and gain investor recognition for the industry’s most ambitious technology push. In an internal newsletter sent last week, Chief Financial Officer Frank Witter prodded managers to get behind a goal to reach a valuation of 200 billion…

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