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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 in 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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Factbox: Return to Paris - De Meo set to take the wheel at Renault

Renault's board is expected to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive.
Reuters - Published

Renault poised to name VW manager De Meo as CEO: sources

Renault's board is set to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, two sources familiar with the matter..
Reuters - Published

Videos for Volkswagen


PSA Group 2019 sales slump 10% after record 2018 [Video]PSA Group 2019 sales slump 10% after record 2018

After a record 2018, French carmaker PSA says global sales fell 10% last year to 3.49 million units, as it suffered declining volumes in China, the Middle East and Africa. Ciara Lee reports.

Credit: Reuters Studio     Duration: 01:12Published

Mercedes set to retain luxury car sales crown [Video]Mercedes set to retain luxury car sales crown

Daimler says Mercedes cars enjoyed a ninth straight year of record sales, putting it on course to retain the title of world's biggest luxury car maker. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:04Published

 

Tesla overtakes Volkswagen as world's second most valuable carmaker

Tesla Inc has overtaken Germany's Volkswagen as the world's second most valuable carmaker behind Japan's Toyota , as the meteoric rise in the U.S. electric vehicle maker's shares reshuffles the global..
Reuters - Published

Tesla market value passes Volkswagen to hit $100bn

Tesla sold more than 367,000 cars last year, just a fraction of its competitors.
BBC News - Published

Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push - sources

Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric push into the world's..
Reuters - Published

Renault offers CEO job to SEAT's Luca De Meo, says La Vanguardia

French carmaker Renault has offered the chairman of Volkswagen's SEAT brand, Luca de Meo, the job of chief executive, Spanish newspaper La Vanguardia reported on Saturday, citing anonymous sources.
Reuters - Published

VW says arena must cover German carmaker's name during far-right event

Volkswagen has told a sports arena in western Germany to cover up the carmaker's name when the far-right Alternative for Germany (AfD) party holds an event there.
Reuters - Published

VW CEO says new ID.3 car 40% cheaper to build than electric Golf

Volkswagen's new ID.3 electric vehicle will be 40% cheaper to build than the electric version of its Golf model, Chief Executive Herbert Diess told investors on Monday.
Reuters - Published

Prosecutors seek charges against Volkswagen managers over labor bonuses

German prosecutors on Tuesday sought charges against a current Volkswagen manager as well as a former manager and two former board members, accusing them of awarding works council members inflated..
Reuters - Published

Former foreign minister Gabriel to head German auto lobby - paper

Former Foreign Minister Sigmar Gabriel has been tapped to become the head of Germany's car industry lobby, installing a politician from the state that is home to Volkswagen in the influential post,..
Reuters - Published

VW board, workers support top managers despite indictment

Volkswagen's supervisory board and workers on Wednesday gave their backing to the carmaker's top managers a day after German prosecutors pressed charges related to the diesel emissions scandal.
Reuters - Published

Volkswagen CEO, chairman will stay in office despite charges: supervisory board

Volkswagen's chief executive and chairman will stay in office, the company's supervisory board said in a statement on Wednesday, a day after German prosecutors pressed charges against them for their..
Reuters - Published

VW workers applaud chairman despite indictment

Volkswagen workers applauded Chairman Hans Dieter Poetsch at a mass meeting of employees at its headquarters on Wednesday, according to a participant, as staff appeared to close ranks behind its senior..
Reuters - Published

FCA manager charged with lying about emissions even after VW scandal

A grand jury indicted a senior manager at Fiat Chrysler Automobiles NV (FCA) on charges he lied to regulators about diesel emissions, alleging the deception continued even after a scandal over cheating..
Reuters - Published

Fiat Chrysler manager lied about emissions even after VW scandal broke, indictment charges

A grand jury indicted a senior manager at Fiat Chrysler Automobiles NV on charges he lied to regulators about diesel emissions, alleging the deception continued even after a scandal over cheating on..
Reuters - Published

Volkswagen board to meet Wednesday after CEO indicted: statement

The supervisory board of German carmaker Volkswagen will meet on Wednesday, the board's executive committee said on Tuesday, after prosecutors indicted CEO Herbert Diess over the company's diesel..
Reuters - Published

Volkswagen top executives charged over diesel emissions scandal

Three current and former bosses are accused of market manipulation by not informing investors earlier.
BBC News - Published

German prosecutors indict top VW bosses over emissions scandal

German prosecutors have brought criminal charges of stock market manipulation against Volkswagen CEO Herbert Diess, former CEO Martin Winterkorn and Chairman Hans Dieter Poetsch in connection with the..
Reuters - Published

VW's Diess will continue as CEO after German prosecutors pressed charges

Volkswagen's Herbert Diess will keep his role as the carmaker's chief executive and continue to defend himself with all legal means after prosecutors indicted him in connection to an emissions cheating..
Reuters - Published

Volkswagen board members to discuss indictment of CEO: spokesman

Volkswagen's supervisory board said on Tuesday its executive committee would convene immediately to discuss the indictment of CEO Herbert Diess in relation to the carmaker's diesel emissions scandal.
Reuters - Published

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

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

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