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VW gets ready to move on comeback plan in U.S.: sales chief

Volkswagen hopes to reach a final settlement with the U.S. authorities over the diesel emissions scandal next month so that it can get moving on a recovery plan which will see the launch of several new crossover and electric vehicles, its sales chief said on Thursday. VW aims to expand its electric-vehicle offerings in the United States to meet a growing demand for green cars and help restore its image, VW brand sales chief Juergen Stackmann said in an interview published on Thursday. “A …

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VW gets ready to move on comeback plan in U.S.: sales chief

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Fed to delay rate hike until September on tame inflation outlook: Reuters poll

The U.S. Federal Reserve will likely wait until September before raising interest rates again, stretching to nine months the time since its first hike in nearly a decade, as it waits for clear signs inflation is picking up, a Reuters poll found. This is the second time this …

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Fed to delay rate hike until September on tame inflation outlook: Reuters poll