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Volkswagen

Coronavirus effect: Volkswagen brand to suspend production in Eur...

Wed, Mar 18, 2020

Coronavirus effect: Automobile major Volkswagen Passenger Cars brand will gradually suspend production at its European plants from Thursday for two weeks.

Volkswagen releases upcoming models ahead of Auto Expo 2020

Volkswagen releases upcoming models ahead of Auto Expo 2020

Tue, Feb 04, 2020

Car company Volkswagen has released its upcoming car models ahead of Auto Expo 2020. Watch video:

Volkswagen truck unit Traton offers $2.9 billion to take over Navistar

Volkswagen truck unit Traton offers $2.9 billion to take over Nav...

Fri, Jan 31, 2020

Volkswagen AG`s Traton commercial truck unit said on Thursday it had offered $35 a share, or $2.9 billion (2.2 billion pounds), for the shares of U.S. truck maker Navistar International.

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South Korea to slap VW with record fine of nearly $32 million, pursue executives over emission ads

South Korea to slap VW with record fine of nearly $32 million, pursue executives over emission ads

Wed, Dec 07, 2016

South Korea`s antitrust watchdog said on Wednesday it will file criminal complaints against several executives at Volkswagen AG`s South Korean unit and fine the company a record 37.3 billion won ($31.87 million) for false advertising over its vehicle emissions.

Apple shows ambition to get into self-driving car race

Apple shows ambition to get into self-driving car race

Sun, Dec 04, 2016

Apple Inc is wading in to the debate over regulation of self-driving cars, declaring it is excited about the potential for automated transportation and calling on US regulators not to restrict testing of such vehicles.

Despite demonetisation Maruti Suzuki, Toyota post double digit sales growth in November

Despite demonetisation Maruti Suzuki, Toyota post double digit sales growth in November

Thu, Dec 01, 2016

While companies such as Maruti Suzuki India, Toyota, Tata Motors and Renault saw a double digit growth in sales in November, auto companies say that they have been seeing an impact of

Nissan, BMW, Porsche face sales ban in South Korea

Nissan, BMW, Porsche face sales ban in South Korea

Wed, Nov 30, 2016

South Korea is to ban sales of some cars made by Porsche, BMW and Nissan, and fine the companies over $5 million as a probe into emissions documentation widens.

Volkswagen to build car assembly plant in Algeria

Volkswagen to build car assembly plant in Algeria

Mon, Nov 28, 2016

Volkswagen on Sunday signed a deal with its Algerian sales partner Sovac for the construction of a vehicle assembly plant in the North African country, officials told a news conference.

Volkswagen to cut 30,000 jobs at VW brand by 2021

Fri, Nov 18, 2016

German carmaker Volkswagen and its labour unions have agreed to 30,000 job cuts by 2021 at its VW brand as part of a plan to boost profitability and fund a shift to electric and self-driving cars after its emissions scandal, a source told Reuters on Friday.

Volkswagen's Audi hit with fresh emissions cheating lawsuit

Volkswagen's Audi hit with fresh emissions cheating lawsuit

Thu, Nov 10, 2016

Embattled Volkswagen is facing a new lawsuit in US courts over devices used to cheat emissions standards, this one against luxury brand Audi, according to court documents.

German prosecutors confirm investigation of VW chairman

German prosecutors confirm investigation of VW chairman

Mon, Nov 07, 2016

The investigation by prosecutors in Braunschweig focuses on whether Volkswagen (VW) in 2015 manipulated markets by delaying the release of information about the financial impact of its emissions test-cheating scandal.

Volkswagen board to discuss brand overhaul on November 4

Thu, Nov 03, 2016

Volkswagen's supervisory board will hold an extraordinary meeting on Friday, November 4, to consult on a wide-ranging restructuring of the carmaker, two sources close to the board told Reuters on Wednesday.

New car launches drive festive sales in October

New car launches drive festive sales in October

Tue, Nov 01, 2016

Volkswagen said that its sales shot up by 70% in October 2016 as the company launched 'made-for-India' Ameo is the reason for the this high growth in sales during the festive period.

Volkswagen brings 99 Polo GTIs to India

Volkswagen brings 99 Polo GTIs to India

Tue, Nov 01, 2016

Volkswagen's much awaited performance hatchback Polo GTI has received nearly 100 bookings before its launch in November.

Volkswagen expects 5-digit number of job cuts in coming years: Report

Volkswagen expects 5-digit number of job cuts in coming years: Report

Sun, Oct 30, 2016

Volkswagen (VW) expects the shift to electric cars to cost a five-digit number of jobs in coming years, the Frankfurter Allgemeine Zeitung newspaper reported, citing the carmaker's human resources chief.

Volkswagen posts 2.28 billion-euro profit one year after 'Dieselgate'

Volkswagen posts 2.28 billion-euro profit one year after 'Dieselgate'

Thu, Oct 27, 2016

The still incalculable costs of the affair -- including regulatory fines and legal costs -- pushed VW into the red for the first time in more than 20 years last year when it booked a loss of 1.6 billion euros due to the provisions it was forced to set aside.

Volkswagen to pay $175 million to US lawyers suing over emissions

Volkswagen to pay $175 million to US lawyers suing over emissions

Sat, Oct 15, 2016

Volkswagen AG , in another step to move past its costly diesel emissions cheating scandal, has agreed to pay $175 million (nearly Rs 1,164.23 crore) to US lawyers suing the German automaker on behalf of the owners of 475,000 polluting vehicles, two people briefed on the agreement said on Friday.

Volkswagen's Ameo feels the heat of competition as sales slide 63% in September

Volkswagen's Ameo feels the heat of competition as sales slide 63% in September

Thu, Oct 13, 2016

Ameo is the cheapest in the C1 segment being priced at Rs 5.14 lakh. Even the top variant at Rs 6.91 lakh of Ameo is priced significantly lower than its competitors.

Volkswagen's MAN to cut 1,400 jobs at diesel-engine unit

Volkswagen's MAN to cut 1,400 jobs at diesel-engine unit

Fri, Sep 23, 2016

Germany's MAN SE plans to cut 1,400 jobs at its diesel-engine operations, aiming to increase savings by more than 450 million euros (nearly $500 million or Rs 3,326.4 crore).

Volkswagon's Audi R&D head to be suspended over emissions scandal

Volkswagon's Audi R&D head to be suspended over emissions scandal

Sun, Sep 18, 2016

Volkswagen`s Audi head of development will be suspended this coming week as part of the investigation into an emissions scandal, Bild am Sonntag reported citing sources.

Automakers tap Ola, Uber to push sales

Automakers tap Ola, Uber to push sales

Sat, Sep 10, 2016

In May, Toyota laid out plans to invest in Uber to create flexible vehicle leasing terms.

M&M-Ola tie-up set to shape future vehicle design; eyes Rs 2,600 crore revenue in next 2 years

M&M-Ola tie-up set to shape future vehicle design; eyes Rs 2,600 crore revenue in next 2 years

Thu, Sep 08, 2016

Indian automaker Mahindra & Mahindra's (M&M) tie-up with domestic ride-sharing giant Ola will not only drive car sales, but also influence and shape the design of its vehicles in the future, Chairman Anand Mahindra said on Thursday.

India's ride-hailing app Ola to announce joint initiative with Mahindra

India's ride-hailing app Ola to announce joint initiative with Mahindra

Wed, Sep 07, 2016

Indian ride-hailing firm Ola and the country's top utility vehicle maker Mahindra and Mahindra are set to announce a joint initiative on Thursday, according to an invitation sent to the media.

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