The Latest Breaking News from Thomas Schafer

Today on Critical Materials: Tesla admits it's a

Remember when you heard that Mitsubishi was bringing back the Eclipse? Remember feeling absolutely gutted when it was revealed as a terrifically average, uninspiring SUV instead of a fun sports car? Volkswagen doesn't want people to feel that way about its cars. Or at least, the cars with exciting legacies,…

Speaking about relying on nostalgia to revive certain models from the company’s past, Schafer said that it “would be a dead end.”

VW will keep some of its historic names but the Beetle isn't considered one that defines the brand.

Porsche is one of the biggest players in the development of e-fuels, but Volkswagen's boss seems to disagree.

VW says hydrogen isn't competitive and instead will focus its efforts on becoming a bigger rival for Tesla on the EV front.

Hydrogen isn't competitive, VW CEO says.

The company's commercial division will lead its self-driving program.

Think more along the lines of an all-electric GTI or Golf R hatchback.