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Volkswagen replaced Herbert Diess as chief executive of the VW brand on Monday and installed chief operating officer Ralf Brandstaetter to lead cost-cutting efforts at the company’s largest plants in Germany. The management reshuffle comes after weeks of…
Volkswagen is considering more cost cuts to help cope with the economic impact of the coronavirus pandemic, a spokesman for the German automaker said on Saturday. The issue was recently discussed at an internal event, the spokesman said, when asked about a…
Volkswagen Group on Friday said sales of its cars dropped by 23% on the year to 2 million cars in the January to March period. In March alone, deliveries were down 37.6% overall at 623,000 vehicles, the figures showed, reflecting the coronavirus crisis which…
Volkswagen AG said on Monday it would give financial assistance to its U.S. dealers who wish to use their loaner fleet to pick up and deliver essential supplies in areas affected by the COVID-19 pandemic. The loaner cars, typically offered to customers to…
German carmaker Volkswagen said on Friday it was joining other manufacturers around the world to explore using 3D printing to make hospital ventilators to combat the coronavirus. Governments are enlisting automakers including Ford, General Motors, Ferrari and…
Volkswagen, one of the world’s biggest carmakers, on Friday said deliveries in China declined by 11.3% in January as the auto sector feels the effects of the coronavirus outbreak. The German company said the group, which includes brands like Volkswagen and…
Volkswagen Chief Executive Herbert Diess said the German carmaker needs to accelerate its transformation to avoid becoming another Nokia, which lost its dominance in the handset market to Apple. “The big questions is: Are we fast enough?,” Diess told VW’s…
Volkswagen on Thursday said it was in talks to discuss a settlement with German vehicle owners who are suing the carmaker over excessive pollution caused by VW’s diesel cars. In 2015 the carmaker admitted to using manipulated engine management software to…
Volkswagen’s German plants need to boost efficiency to match overseas operations, production chief Andreas Tostmann was quoted as saying, targeting 2 billion euros ($2.2 billion) in savings by 2023. German carmakers, including Volkswagen’s Audi brand, have…
Volkswagen AG is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground. Volkswagen is…
After missing out on the Auto Expo in 2018, Volkswagen India has confirmed that it will participate in the 2020 Auto Expo which is all set to be held from February 7 2020. We’ve already told you about the dates of the 2020 Auto Expo but Volkswagen promises…
Volkswagen Group shares rose 2 percent after the carmaker posted a 30 percent rise in second-quarter operating profit despite a drop in vehicle sales as rising demand for sports utility vehicles and premium brands boosted margins. Volkswagen bucked a trend of…
Automotive supplier Bosch has agreed to pay a 90 million euros ($100.21 million) fine for lapses in supervisory duties which enabled carmakers to engage in emissions cheating, German prosecutors in the city of Stuttgart said on Friday. Privately-held Bosch,…
European Union authorities said Friday that German automakers BMW, Daimler and Volkswagen colluded to limit the development of emissions-cleaning technology in cars. The finding adds to the car industry’s woes after Volkswagen in 2015 admitted to cheating on…
Volkswagen is all set to bring in the ID. ROOMZZ1 concept at the Auto Shanghai 2019. The ID. ROOMMZZ1 is the next member of the ID family and gives us a glimpse into the company’s upcoming version of a zero emission SUV. The production version based on the ID…
Volkswagen on Wednesday said it has teamed up with Amazon Web Services to link up and integrate the data from 122 VW Group plants, machines and systems, as a way to improve its production systems and processes. Amazon will help Volkswagen join up its plants…
