Herbert Diess, CEO of Volkswagen (4th R) poses with officials and the next generation Volkswagen CC 380 TSI car during its launch at the Beijing Auto Show on April 25, 2018. AFP PHOTO

Volkswagen in talks to manage Didi fleet, co-develop self-driving cars

The growing popularity of ride-hailing services for commuting and running errands in congested cities such as Beijing and Shanghai is showing early signs of reducing private car ownership. This could have serious consequences for existing carmakers and is forcing companies like Volkswagen to reinvent their businesses and seek out future revenue streams.

Topic |   Autonomous driving

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Herbert Diess, CEO of Volkswagen (4th R) poses with officials and the next generation Volkswagen CC 380 TSI car during its launch at the Beijing Auto Show on April 25, 2018. AFP PHOTO
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