Report: Volkswagen Runs Into Software Issues in Race to Catch Tesla

Volkswagen AG (OTC: VWAGY) has delayed the launch of its ID.3 model electric vehicle until at least September, according to a Wall Street Journal report. The German car company has billed the ID.3 as a mass market car it hopes will mirror the popularity of its other iconic brands, like the Beetle and Golf. It is calling its upcoming lineup "electric vehicles for millions, not just millionaires," in an apparent swipe at category leader Tesla. 

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Source Fool.com