Deteriorating capital markets and the impact of the Volkswagenemissionsscandal forced it to reconsider.
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As many predicted, it seems the Volkswagenemissionsscandal may not be an isolated incident.
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Ministers are facing new questions about the effectiveness of Britain's automotive testing regime in the wake of the Volkswagenemissionsscandal.
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Willis told MPs that fewer than half of the UK vehicles caught up in the Volkswagenemissionsscandal had been fixed.
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On Tuesday, Castlebar District Court in Co Mayo will play host to the latest chapter in the multibillion-euro Volkswagenemissionsscandal.
Uso de dieselgate en inglés
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Since the dieselgate scandal broke, industry and politicians have backed electric cars heavily.
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The dieselgate scandal erupted in 2015, when Volkswagen was exposed as cheating the lab-based emissions tests.
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One would presume motor racing would be a no-no for the brand that gave us dieselgate.
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Volkswagen's dieselgate has turned into a two-speed scandal.
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Based on this you probably think Volkswagen is still recovering post the 2015 "dieselgate" scandal.
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But their Euro 6 cars from the get-go have been very clean and they came in before 'dieselgate' blew.
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Another support is a switch from diesel to gasoline car engines since the "dieselgate" emissions scandal of 2015.
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The "dieselgate" cheating scandal plunged one of the main pillars of German industry into the biggest crisis in its history.
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While dieselgate would cast a long shadow, there was no reason to write off diesel cars, at least in the short term.
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No base 2.0-litre diesel model yet, and we may not get one in the wake of dieselgate.
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Osterloh also said that the supervisory board should also discuss changes to its own remuneration system once the dieselgate scandal has been resolved.
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The dieselgate scandal rocked Volkswagen, with billions of euros wiped from its market value and fraud charges for its former chief executive Martin Winterkorn.
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Despite the damage to its reputation from the dieselgate scandal, the VW group last year eclipsed Toyota 7203.T as the world's biggest selling carmaker.
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VW has to date set aside 22.6 billion euros to cover the costs of dieselgate including fines and compensation payouts.
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Until its "dieselgate" emissions scandal was revealed two and a half years ago, Europe's largest automaker had been slow to embrace electric cars.
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Although its sales have held up, Volkswagen is still suffering the financial consequences of the "dieselgate" emissions scandal almost three years since it broke.