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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

That time when VW thought its diesels were holier than hybrids

When it comes to its diesel engines, Volkswagen was publicly trying to work the regulation system as far back as 2011. That's when the Obama Administration announced stricter US greenhouse-gas emissions standards for 2025. At the time, VW was saying its diesel engines were as clean or even cleaner than hybrids and some plug-in vehicles, The New York Times says, citing former Environmental Protection Agency (EPA) officer Margo Oge. VW did indeed boycott Obama's announcement of the 2025 Corporate Average Fuel Economy (CAFE) standards four years ago. The reason given at the time was that VW's attempt for its diesel engines to get special consideration and extra credits for fulfilling the emissions mandate was ultimately rejected by the EPA. Oge said VW's US executives were conciliatory but the automaker's German officials were "arrogant" in their belief that diesel technology was far superior, from an emissions standpoint, than hybrids or plug-ins. As we know now, that was not the case. Last month, we learned that VW fitted as many as 11 million vehicles around the world with software that programmed its diesel engines to show artificially low emissions levels during testing. In the ongoing fallout, VW has set aside $7.3 billion to address the scandal and the CEO resigned. New VW CEO Matthias Muller says recalls on the diesels in question may go into effect as soon as January in Europe. Meanwhile, among other indignities, Green Car Journal rescinded Green Car of the Year Awards it had bestowed on the 2009 Jetta TDI and 2010 Audi A3 TDI, while Volkswagen's Stock was delisted from the Dow Jones Sustainability Index. News Source: New York TimesImage Credit: Matt Cardy / Getty Images Government/Legal Green Read This Volkswagen Emissions Diesel Vehicles CAFE standards vw diesel scandal Barack Obama

1000-hp Mk1 VW Golf is terrifyingly cool

There are plenty of things to love about the Mk1 Volkswgen Golf. The machine's horsepower isn't one of them. From the factory, the little hatch cranked a breathy 112 horsepower from the most robust form of its 1.8-liter four-cylinder engine. Boba motoring, however, has taken that figure and multiplied it by a factor of nearly 10. If 1,000 horsepower sounds terrifying in a machine with a wheelbase of just 94.5 inches, it should. A massive Garrett GTX4202R turbo force-feeds the little mill through a tweaked 16-valve KR head. The crew calls the beast the 16Vampir, and we think that's fitting.
Of course, we'd wager you quit reading right about the time you set your eyes on that headline. Those of you who've stuck around this long can point yourselves below to see the maniacal creation in action. You won't be disappointed.