Analysts say VW badly needs new models

Analysts say VW badly needs new models in the world’s second largest auto market to reverse a three year decline in sales which fell 4.8 percent in 2015 to 349,440 cars. Auto sales in 2015. Lawsuit seeking billions of dollars in fines.Still, demand for hybrid and electric cars has been dampened by cheap gasoline as well as limited range and high prices.

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