The German automaker says the announcement by its U.S. subsidiary Tuesday was a stunt.
Volkswagen is not renaming its U.S. subsidiary Voltswagen, declaring it instead an early April Fools’ Day prank.
Earlier Tuesday, Volkswagen issued a news release and tweet publicly announcing the name change. The company reversed course later that day, saying that the rebranding announcement was, in fact, a stunt to gin up interest in its electric vehicle strategy and the imminent arrival of its first long-range electric SUV.