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Volkswagen

Automotive brand manufacturing subsidiary of Volkswagen Group

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Volkswagen: Automotive brand manufacturing subsidiary of Volkswagen Group
Volkswagen, shortened to VW, is a German automaker founded on 28 May 1937 by the German Labour Front, a Nazi labour union, and headquartered in Wolfsburg. It is the flagship marque of the Volkswagen Group, the largest automaker by worldwide sales in 2016 and 2017. The group's biggest market is in China, which delivers 40% of its sales and profits.

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Obituary: Volkswagen's visionary leader Ferdinand Piëch

Volkswagen became a global giant under tough perfectionist Ferdinand Piëch, who has died at 82.
BBC News - Published

Ferdinand Piech, architect of Volkswagen's global expansion, dies aged 82

Ferdinand Karl Piech, Volkswagen AG's former chairman and chief executive, who transformed the German company from a struggling midsized carmaker into a global automotive powerhouse, has died, his wife..
Reuters - Published

Videos for Volkswagen

Frankfurt Auto Show goes electric, but greens don't buy it [Video]Frankfurt Auto Show goes electric, but greens don't buy it

VW's new electric car took centre stage ahead of this year's Frankfurt Auto Show, but environmentalists say the industry can't claim to be green, and it's time the whole event was cancelled. Julian..

Credit: Reuters Studio     Duration: 01:46Published

Trump Attacks Automakers Against His Fuel Efficiency Rules [Video]Trump Attacks Automakers Against His Fuel Efficiency Rules

President Donald Trump wants to roll back Obama-era fuel efficiency rules. Yet he is unhappy with automakers like Ford Motor who are not supporting his administration's plan. The company recently..

Credit: Wochit News     Duration: 00:32Published

Prosecutors charge former Audi CEO over his role in emissions scandal [Video]Prosecutors charge former Audi CEO over his role in emissions scandal

German prosecutors said on Wednesday they had filed charges against former Audi Chief Executive Rupert Stadler, who is being investigated over his role in Volkswagen's emissions test cheating scandal...

Credit: Reuters Studio     Duration: 01:23Published

Earnings tumble at automakers, but VW defies the gloom [Video]Earnings tumble at automakers, but VW defies the gloom

More evidence has emerged of tough times for the auto sector following weak numbers at Ford, Nissan and Tesla. But Volkswagen is defying the gloom with a big jump in earnings. Julian Satterthwaite..

Credit: Reuters Studio     Duration: 01:43Published

LVMH, InBev lift European shares to 1-yr highs [Video]LVMH, InBev lift European shares to 1-yr highs

European stock markets hit a one year high on Thursday, as strong reports from drugmaker Roche, brewer AB Inbev and luxury goods house LVMH stood out in a torrent of earnings, David Pollard reports.

Credit: Reuters Studio     Duration: 01:34Published

Euro zone business growth stalls, outlook darkens - PMI [Video]Euro zone business growth stalls, outlook darkens - PMI

Euro zone business growth was much weaker than expected this month, hurt by a deepening contraction in manufacturing. As David Pollard reports, surveys published on Wednesday suggest conditions will..

Credit: Reuters Studio     Duration: 01:37Published

 

U.S. judge urges VW, SEC to resolve civil Dieselgate suit

A federal judge in California on Friday urged the U.S. Securities and Exchange Commission and Volkswagen AG to resolve a civil suit stemming from its Dieselgate emissions scandal.
Reuters - Published

Philadelphia and VW ads banned for gender stereotyping

Ads for cheese and an electric car fall foul of new rules banning the showing of gender stereotypes.
BBC News - Published

Climate activists block train outside German VW car plant

Activists chain themselves to rails near a Volkswagen factory in the northern city of Wolfsburg.
BBC News - Published

Former Audi boss charged in VW dieselgate scandal

Germany has charged Rupert Stadler with fraud over the VW emissions cheating scandal.
BBC News - Published

Prosecutors charge former Audi CEO Stadler over his role in emissions scandal

Prosecutors have filed charges against former Audi Chief Executive Rupert Stadler, who is being investigated for his role in Volkswagen's emissions cheating scandal, the public prosecutors office in..
Reuters - Published

Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars

Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to slash development and manufacturing costs..
Reuters - Published

Volkswagen investment vaults Argo into top ranks of self-driving firms

Volkswagen AG's $2.6-billion investment in Ford Motor Co's Argo AI self-driving unit, announced on Friday, immediately vaults the two-year-old Pittsburgh-based startup into the top ranks in the sector.
Reuters - Published

Volkswagen and Ford team up on self-driving and electric cars

The two car giants will work together on developing new technologies in an attempt to reduce costs.
BBC News - Published

Volkswagen to contribute $2.6 billion to Ford's autonomous venture: source

Carmaker Volkswagen will inject $1 billion in capital and $1.6 billion worth of assets into Ford's self-driving unit, a source close to the matter said on Friday, as the two carmakers deepen a global..
Reuters - Published

VW to deepen alliances with battery suppliers for electric push

Volkswagen will create joint ventures and help finance battery production to persuade skeptical cell suppliers to back its aggressive push for mass producing electric vehicles, board member Stefan..
Reuters - Published

Algerian partner of Germany’s VW held over graft allegations: state TV

An Algerian court on Monday ordered the detention of Mourad Eulmi, head of family-owned firm SOVAC that is a partner of Germany's Volkswagen AG, on suspicion of corruption, state television reported.
Reuters - Published

VW's Tennessee workers vote against union representation

Workers at Volkswagen AG's assembly plant in the state of Tennessee narrowly voted against union representation, dealing a fresh blow to the United Auto Workers' (UAW) efforts to unionize a foreign..
Reuters - Published

VW to float 10% of truck unit, seeks to raise 1.9 billion euros

Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a..
Reuters - Published

Volkswagen CEO meets top U.S. trade official as Mexico tariffs loom: sources

Volkswagen AG Chief Executive Herbert Diess met on Monday with the top U.S. trade official, a week before new tariffs are set to hit imported Mexican vehicles, two people briefed on the matter said.
Reuters - Published

Cannock crash: Men seriously injured in police pursuit

cannock crash: men seriously injured in police pursuit
The Volkswagen was being followed by a police vehicle before it hit a DFS store.
BBC News - Published

Senators urge Volkswagen to end delay in Tennessee union election

Three Democratic U.S. senators on Tuesday questioned the decision by Volkswagen AG's U.S. unit to delay a union election for workers at its Tennessee assembly plant.
Reuters - Published

Free scooter rides and EU power ballads, big firms pump up voters for EU polls

From Volkswagen to Spotify to Iberdrola, Europe's biggest firms are urging people to vote in key European Parliament elections this weekend amid concerns that an anti-EU outcome could disrupt their..
Reuters - Published

Volkswagen to make batteries in Germany, slim down

Volkswagen will invest almost 1 billion euros ($1.1 billion) in battery cell production at a facility in western Germany and is seeking to simplify the group by spinning off or selling units, the..
Reuters - Published

Volkswagen set to announce battery production plans: sources

Volkswagen's supervisory board is on the brink of announcing the automaker's entry into battery cell production, two people familiar with the matter told Reuters on Monday.
Reuters - Published

Volkswagen unit Porsche to pay 535 million euro fine over diesel cheating

German prosecutors imposed a 535 million euro ($598 million) fine on German luxury carmaker Porsche AG, a unit of Volkswagen, as punishment for lapses in supervisory duties which allowed the company to..
Reuters - Published

Volkswagen teams up with China's NIU to make e-scooters: Die Welt

German carmaker Volkswagen will join forces with China's NIU to produce battery-powered kick scooters, German newspaper Die Welt reported on Monday without giving sources.
Reuters - Published

VW shrugs off 1 billion euro legal hit with higher SUV sales

Sales of higher-margin sports utility vehicles and cost cuts helped Volkswagen shrug off a 1 billion euro legal charge to meet first-quarter operating profit forecasts on Thursday, sending its shares..
Reuters - Published

Volkswagen sets aside 5.5 billion euros in contingent liabilities for diesel scandal

Volkswagen said it has set aside 5.5 billion euros ($6.16 billion) in contingent liabilities to cover possible risks arising from a diesel cheating scandal, chief financial officer Frank Witter said on..
Reuters - Published

VW boss 'not aware' of China's detention camps

vw boss 'not aware' of china's detention camps
VW chief executive Herbert Diess tells BBC he is "not aware" of reports of detention camps in China.
BBC News - Published

VW to take on Tesla X in China from 2021 with electric SUV

Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla's Model X as the German carmaker ramps up production of zero..
Reuters - Published

VW to launch Tesla X rival for China in 2021

Volkswagen said on Sunday it will build a fully electric sports utility vehicle for the Chinese market from 2021, entering a segment dominated by Tesla's Model X.
Reuters - Published

Volkswagen eyes big stake in China partner JAC, taps Goldman: sources

Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser on the plan, people with direct knowledge..
Reuters - Published

Mopping up Dieselgate: The woman transforming Volkswagen

mopping up dieselgate: the woman transforming volkswagen
Hiltrud Werner is the only woman on the board of the troubled German car giant.
BBC News - Published

SEC sues Volkswagen, ex-CEO over alleged emissions fraud on investors

The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the German automaker's diesel emissions scandal, alleging a "massive..
Reuters - Published

Volkswagen and former boss face US lawsuit over Dieselgate

volkswagen and former boss face us lawsuit over dieselgate
The Security and Exchange Commission says the German car giant misled investors.
BBC News - Published

SEC sues Volkswagen, Winterkorn, citing 'Dieselgate' fraud on investors

The U.S. Securities and Exchange Commission sued Volkswagen AG and its former chief executive Martin Winterkorn over the German automaker's diesel emissions scandal, accusing the company of..
Reuters - Published

Porsche says it is dealing with tax investigation issues

Volkswagen's Porsche unit on Sunday said it was cooperating with state prosecutors to clear up investigations into alleged tax debts related to early retirees and taxable benefits enjoyed by former top..
Reuters - Published

Volkswagen warns of challenges, to redouble efforts to meet targets

Volkswagen warned on Friday of a tough year ahead as its preliminary annual results were weighed down by currency effects and supply bottlenecks caused by new emissions testing rules.
Reuters - Published

Exclusive: Volkswagen, Ford far apart on investment in Ford autonomous unit - sources

Partners Volkswagen AG and Ford Motor Co are at odds over how much the German automaker will invest in the No. 2 U.S. automaker's self-driving vehicle unit, with Ford seeking at least $500 million,..
Reuters - Published

Bet everything on electric: Inside Volkswagen's radical strategy shift

If Volkswagen realizes its ambition of becoming the global leader in electric cars, it will be thanks to a radical and risky bet born out of the biggest calamity in its history.
Reuters - Published

Renault-Nissan group sold most cars last year, but VW's No.1 including trucks

Volkswagen Group has held on to its position as the world's top-selling automaker for the fifth year in a row, although the German group was edged out again by the Renault-Nissan-Mitsubishi alliance in..
Reuters - Published

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