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May 18, 2022

News of the Trade

Latest trading, investing, and financial news

Volkswagen to revive Scout brand with an electric SUV and pickup

BERLIN — Volkswagen AG is set to resurrect the Scout off-road vehicle brand as part of its bid to expand in the U.S., the world’s most profitable automotive market.

Under the plan, which previously hasn’t been reported, the German company, a minnow in the U.S. but one of the largest auto makers in the world, is planning to launch a new Scout-branded electric sport-utility vehicle and a Scout electric pickup truck.