Frankfurt am Main — The CEO of Volkswagen (VW), the world’s largest car maker, said on Tuesday that he was convinced of a comeback for diesel motors, two-and-a-half years after the firm admitted to emissions cheating on a massive scale. "I don’t only hope that diesel won’t be talked to death, I am convinced that diesel is experiencing a renaissance," Matthias Müller told journalists in Berlin. While the car maker is engaged in a massive push to develop new electric and hybrid models, "we will create the technical conditions for existing drive concepts and electric vehicle concepts to co-exist", he added. Over the coming five years, VW plans to spend more than €34bn on research and development and investments in its range of future projects, from electric cars to autonomous driving. But the same time period will see the group pump more than €90bn into traditional diesel, petrol and natural gas engines, with a new generation of internal combustion engines set for release in 2019. "We ...

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