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Volkswagen might cut 40 models across brands to save cash

Volkswagen once set out to pass Toyota and General Motors and become the largest automaker in the world. Following months of fallout from the diesel emissions scandal, the manufacturer is rumored to be dropping around 40 models from its company-wide lineup. According to German business and finance publication Handelsblatt, the Volkswagen Group is looking to slim down and remove a number of low-volume vehicles from various lineups. The company currently sells around 340 models across brands that include Audi, Lamborghini, and Bentley. Volkswagen is refusing to comment, but Handelsblatt claims to have sources within the company. Last week, Volkswagen Group CEO Matthias Muller announced a new strategy for the company that includes a major focus on electric vehicles and new technology services. During his announcement, Muller said the company would be cutting a number of models, but at the time no numbers, models, or brands were discussed. Despite comments to the contrary, rumors have persisted since late last year that Volkswagen was looking to sell commercial truck and bus manufacturer MAN. Volkswagen owns truck and bus manufacturer Scania, so even if it dropped MAN, the company would still have a foothold within the bus and truck market. There is also talk of the company selling Italian motorcycle manufacturer Ducati, which Volkswagen acquired via Audi in 2012. The company's image has taken a huge hit in the wake of the diesel scandal. Volkswagen has set aside cash in order to pay fines and may be looking to sell these several subsidiaries and cut low-volume models in order offset the costs. Despite the scandal, the company led worldwide sales in the first quarter of 2016. The same was true in 2015, but sales tanked at the end of the year following the diesel revelations. Related Video: Rumormill Audi Bentley Volkswagen Ducati

Audi's fastest cars won't catch your drift

"I don't like them. I do not see the reason for them. We do not see the sense in sitting there burning the back tires. It's not fast." – Stephan Reil Drift modes are popping up in sports cars all over the world, but Audi Sport development boss Stephan Reil refuses to have anything to do with them, insisting they're a waste of time and tires. So if you want to show off with a wild-looking, tire-smoking, perfectly controlled drift in an Audi Sport model, you will have to brush up on your car control, not your button pushing. "No drift mode. Not in the R8, not in the RS3, not in the RS6, not in the RS4," Reil said. "I don't like them. I do not see the reason for them. We do not see the sense in sitting there burning the back tires. It's not fast." That seems a bit like Reil and his team are missing a trick that is proving popular with enthusiast buyers and isn't technically difficult to do. It's also a whole lot safer than holding down the skid-control button for long enough to switch off all the electronic safety nets, which Audi Sport will actually let you do. "You can do it yourself [drifting] with the ESP off, if you hold it [the button] for three seconds," Reil challenged. "Then it will not intervene for you even when it [the car] is fully out of control, because that's what you asked it not to do. "You wanted the full control by pushing that button. You got it." Almost every fast car, from Ford to Ferrari, now comes with (or soon will) a drift mode so drivers can just stomp on the gas and turn the wheel to instantly look like rally stars. The dangers of do-it-yourself drift control (which our forefathers used to call "driving") make up most of the moral defense for the companies that use the computer-controlled versions. While critics have called drift modes irresponsible, proponents argue that it is far safer than switching off all the safety nets, because there is still a level of skid-control safety behind it. "Drift control is a lot safer than just turning everything off," BMW M chief Franciscus van Meel said during the launch of the M550i xDrive. "The drivers can enjoy the car on a track but it still has another level of safety to catch them if they make a mistake." View 23 Photos But is that extra level of safety actually for the common good? Critics note there is no way to restrict drivers using drift modes on suburban streets.

Junkyard Gem: 1987 Audi 5000

The third-generation Audi 100 introduced for the 1983 model year was sold as the Audi 5000 in the United States. Sales of this high-end German sedan went pretty well ... until 60 Minutes ran a piece called "Out of Control" in late 1986, convincing many viewers that the 5000 was murderously defective. Yes, it was the original Unintended Acceleration debacle, decades before the one that cost Toyota big yen, and it slaughtered American Audi sales. Today's Junkyard Gem had the misfortune to be sitting in an Audi showroom while the echoes of the argle-bargle over the 5000 controversy still reverberated, its price dropping while potential buyers headed into the arms of nearby Mercedes-Benz and BMW dealers. Still, someone bought this car, which would have been a great Colorado winter machine with its 5-speed and Quattro all-wheel-drive system, and it ended up racking up more miles than 98 percent of cars sold in 1987. The presence of an ignition key in a junkyard car usually indicates that it was a trade-in or insurance total. A high-mile, 29-year-old Audi isn't worth much at auction, so this one ended up here. All the automatic-equipped 5000s got scary warning stickers on the shifters, among other recall-mandated changes, and Audi ended up using the European-market 100 name on these cars starting in the 1989 model year . Related Video: Featured Gallery Junked 1987 Audi 5000 Quattro View 18 Photos Auto News Audi unintended acceleration