Volkswagen AG warned that it will take a huge effort to meet delivery targets this year, as the world’s largest automaker battles trade tensions and stricter emissions rules while preparing to amp up its digital investments.
Tougher pollution-testing procedures, aimed at preventing a repeat of Volkswagen’s cheating scandal, will take effect next month and lead to production slowdowns, the German automaker said Aug. 1. The German manufacturer is also bracing for higher tariffs around the globe, which could particularly hit Audi and Porsche, the group’s main profit earners.
