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If you heard about those new Volkswagen EV's to launch in the U.S.... keep waiting.

"In a conference call with reporters, VW Group finance chief Frank Witter said the economic slump stemming from the pandemic had forced it to postpone its goal for the U.S. market.

"We were well on our way to reaching our target of a breakeven for the VW passenger car brand in the USA in 2020," Witter said. "Due to the coronavirus, it naturally won't be possible to meet this now, unfortunately. It's a setback, but it doesn't change our basic aspiration."

The coronavirus pandemic has forced VW to halt production at its U.S. plant in Chattanooga for an indefinite period."

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