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Volkswagen trucks boss sees autonomous investments under pressure: Spiegel

Volkswagen trucks boss sees autonomous investments under pressure: Spiegel

FRANKFURT (Reuters) – Autonomous vehicle technologies will be among the first to be starved of investment as the auto and truck industry seeks to conserve cash to survive the coronavirus pandemic, Volkswagen’s (VOWG_p.DE) truck unit Traton (8TRA.DE) told Der Spiegel.

“If investments get postponed, then it will be into autonomous driving,” Traton Chief Executive Andreas Renschler told the German paper.

Source: www.reuters.com

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