Volkswagen AG likely to discontinue over 40 models

To cope with the aftermath of the Volkswagen emission scandal, Volkswagen AG is likely to discontinue production of over 40 models. According to a report published by German newspaper Handelsblatt, the exact number of models that will be discontinued hasn’t been decided yet. As of now, Volkswagen AG’s product line-up includes over 300 models across its multiple brands.

Post the emission scandal, Volkswagen AG has been working on a new strategy to overhaul itself and improve its image. As a part of its new ‘Together " Strategy…