(Reuters) - Volkswagen's U.S. unit said on Thursday it would stop producing the iconic Beetle car next year.
"As we move to being a full-line, family-focused automaker in the U.S. and ramp up our electrification strategy with the MEB platform, there are no immediate plans to replace it," Volkswagen Group of America Chief Executive Officer Hinrich Woebcken said in a statement.
(Reporting by Arunima Banerjee in Bengaluru; Editing by Anil D'Silva)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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