German multinational carmaker Volkswagen Group will axe dozens of combustion engine models by the end of the decade and sell fewer cars overall to concentrate on producing more profitable premium vehicles, chief financial officer Arno Antlitz said on Wednesday

While the European car industry appears to give its full backing to European Commission's ambitious proposal for effective ban of ICE (internal combustion engine) vehicles from 2035 onward, opposition to the initiative is nonetheless growing among its opponents, experts told Sputnik

The 30 participants of the 11th edition of Sharjah Leadership Programme, SLP, has successfully concluded their field training and university visits in the Italian commercial capital

Russian President Vladimir Putin noted at the meeting with Volkswagen CEO Herbert Diess on Friday the car manufacturer's successful work in Russia and assured the car maker's head that Russian authorities would continue to support its activities in the country