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  • The Christian Science Monitor

    Which fork in the road to take? Detroit says both.

    Nov 30, 2018 4 minutes

    Consider the quandary of Volkswagen’s new US chief executive.

    The division will be selling a new $30,000 to $40,000 electric car in 2020, the first in a long line of promised electric vehicles. But EVs aren’t profitable and make up only a tiny share of auto sales. So what can he sell – and make money with – until EV technology gets cheaper and sales take off?

    How about a pickup?

    "It’s something we should look at," CEO Scott Keogh told reporters during a preview of the Los Angeles Auto Show, which opened to the public Friday.

    Fiat Chrysler Automobiles is

    More job cuts expectedEVs' small market share

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