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Suppliers Legacy

VW to reshuffle $56B battery push as Samsung deal at risk

Volkswagen has said it "cooperated fully with the SEC’s investigation" and argued the SEC was "now piling on."
Volkswagen has said it "cooperated fully with the SEC’s investigation" and argued the SEC was "now piling on."
CR
By:
CHRISTOPH RAUWALD
B
By:
Bloomberg
|
May 28, 2019 10:55 AM

FRANKFURT/SEOUL -- Volkswagen Group is making changes to its battery-purchasing plan worth about 50 billion euros ($56 billion) over concerns that a supply deal with Samsung might unravel, according to people familiar with the matter.

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