AIRLINK 74.64 Decreased By ▼ -0.21 (-0.28%)
BOP 5.01 Increased By ▲ 0.03 (0.6%)
CNERGY 4.51 Increased By ▲ 0.02 (0.45%)
DFML 42.44 Increased By ▲ 2.44 (6.1%)
DGKC 87.02 Increased By ▲ 0.67 (0.78%)
FCCL 21.58 Increased By ▲ 0.22 (1.03%)
FFBL 33.54 Decreased By ▼ -0.31 (-0.92%)
FFL 9.66 Decreased By ▼ -0.06 (-0.62%)
GGL 10.43 Decreased By ▼ -0.02 (-0.19%)
HBL 114.29 Increased By ▲ 1.55 (1.37%)
HUBC 139.94 Increased By ▲ 2.50 (1.82%)
HUMNL 12.25 Increased By ▲ 0.83 (7.27%)
KEL 5.21 Decreased By ▼ -0.07 (-1.33%)
KOSM 4.50 Decreased By ▼ -0.13 (-2.81%)
MLCF 38.09 Increased By ▲ 0.29 (0.77%)
OGDC 139.16 Decreased By ▼ -0.34 (-0.24%)
PAEL 25.87 Increased By ▲ 0.26 (1.02%)
PIAA 22.20 Increased By ▲ 1.52 (7.35%)
PIBTL 6.80 No Change ▼ 0.00 (0%)
PPL 123.58 Increased By ▲ 1.38 (1.13%)
PRL 26.81 Increased By ▲ 0.23 (0.87%)
PTC 14.01 Decreased By ▼ -0.04 (-0.28%)
SEARL 58.53 Decreased By ▼ -0.45 (-0.76%)
SNGP 68.01 Decreased By ▼ -0.94 (-1.36%)
SSGC 10.47 Increased By ▲ 0.17 (1.65%)
TELE 8.39 Increased By ▲ 0.01 (0.12%)
TPLP 11.05 Decreased By ▼ -0.01 (-0.09%)
TRG 63.21 Decreased By ▼ -0.98 (-1.53%)
UNITY 26.59 Increased By ▲ 0.04 (0.15%)
WTL 1.42 Decreased By ▼ -0.03 (-2.07%)
BR100 7,941 Increased By 103.5 (1.32%)
BR30 25,648 Increased By 196 (0.77%)
KSE100 75,983 Increased By 868.6 (1.16%)
KSE30 24,445 Increased By 330.8 (1.37%)
Business & Finance

VW pulls a fast one: 'Voltswagen' rebrand a ruse

  • "This name change signals that VW is transitioning away from the internal combustion engine and to e-mobility," Gock said in response to emailed questions, including about April Fool's Day.
Published March 31, 2021

NEW YORK: Volkswagen US' subsidiary is keeping its name and will not rename itself "Voltswagen," a company spokesman said Tuesday, confirming that an earlier announcement was an April Fool's joke that may have gone further than intended.

The German automaker's US subsidiary, which is launching a media blitz for a new all-electric sport utility vehicle, recrafted its social media pages Tuesday and said the new moniker represents its "future-forward investment in e-mobility," according to a press release early Tuesday that was widely covered, including by AFP.

Company officials kept up the pretense for hours, with a US spokesman confirming the name change early Tuesday in response to an email question about whether it was an April Fool's joke.

But VW spokesman Mark Gillies said in an email late Tuesday that the "Voltswagen" rebrand was a joke after the Wall Street Journal and other media reported that the announcement was indeed a ruse.

The incident comes as VW unveils new ads in the United States for the ID.4, its new electric model. VW's shift to electric cars marks an opportunity to redefine itself after the bruising "Dieselgate" scandal, which led to billions of dollars' worth of government settlements and a shakeup of company leadership.

Daniel Binns, head of Interbrand, a New York-based marketing consultancy, said the VW's announcement succeeded in generating buzz, but that the approach was not risk-free.

"It's got us talking about it, so it's working," Binns said late Tuesday afternoon while the branding campaign was under suspicion but not yet debunked.

But Binns said the joke was not necessarily intuitive, since the release came a few days before April 1. There is also a risk the communication around the joke will look "mismanaged" given that many people took it seriously.

"At this point it's how it gets resolved and what is the punchline," Binns told AFP.

The episode began Monday, when VW briefly published the "Voltswagen" press release, sparking speculation it was an April Fools' joke. Such stunts are particularly popular in the German press.

VW quickly removed the release but made a formal announcement on Tuesday morning.

The name was also changed on VW's Twitter and YouTube pages.

A VW spokesman in the United States said Tuesday the announcement was originally intended for April 29, but that the transition was accelerated after the inadvertent Monday release.

"After yesterday, we have decided to expedite this roll-out and will be going through a series of transitions in both internal and external brand guidelines that will make this change as seamless and straightforward as possible," said spokesman William Gock, whose email signature identifies him as Product Communications Senior Specialist for Volkswagen of America.

"This name change signals that VW is transitioning away from the internal combustion engine and to e-mobility," Gock said in response to emailed questions, including about April Fool's Day.

"We foresee our cars being all electric in the US by the end of the next decade, and we hope the attention we're generating here will help communicate these goals and commitments to all."

Comments

Comments are closed.