Latest in Tag: VW Highlight

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Latest in Tag: VW


VW mulls e-battery factory of its own

Media reports have suggested German carmaker Volkswagen is considering building its own battery production facility to foster e-mobility. It could be a crucial move to lessen dependence on Asian producers.

Deutsche Welle

VW paves the way for big changes ahead

Seeking to move past its Dieselgate scandal and catch up with the rapidly changing auto industry, VW is focused on a brighter, more nimble future. It wants to hand its brands more power and boost their cooperation.

Deutsche Welle

US car sales up, but VW suffers

Car sales in the US are on track to shatter last year’s record of 17.5 million units shifted to customers. But German carmaker VW continues to feel the impact of its scandal over its emissions-cheating software.

Deutsche Welle

Civil lawsuit against VW will prove a costly affair

After the US authorities filed a civil lawsuit against German carmaker Volkswagen over its emissions-cheating scandal, analysts are trying to figure out how much the lawsuit will cost VW. There will be no cheap escape.
After the US authorities filed a civil lawsuit against German carmaker Volkswagen over its emissions-cheating scandal, analysts are trying to figure out how much the lawsuit will cost VW. There will be no cheap escape.

Deutsche Welle

VW releases internal probe findings

At their first full press conference since Volkswagen’s emissions-cheating scandal broke, the carmaker’s top executives admitted to a company culture that tolerated rule-breaking, landing VW in its worst-ever crisis. Speaking to reporters in Wolfsburg, Germany, VW Chairman Hans Dieter Pötsch said “the last two and a half months have been unprecedented for the VW group,” …

Deutsche Welle

Bosch entangled in VW cheating scandal

A German auto parts supplier is being investigated for its role in Volkswagen’s emissions cheating scandal. Bosch provided the disgraced auto maker with engine components and software for its diesel vehicles. Federal prosecutors in the US are examining whether Bosch, a major engineering and automotive company, colluded with Volkswagen to deceive regulators during diesel emissions …

Deutsche Welle

Core-brand VW sales hit by pollution scandal

German carmaker Volkswagen’s core brand has taken a blow from the company’s pollution scandal. Sales figures in October dropped, although they remained stable in the US where the scam was first disclosed. Volkswagen announced Friday sales of it cars bearing the VW badge decreased by 5.3 percent in October, with the carmaker shifting 490,000 units …

Deutsche Welle

VW scandal risks knock-on effect for Portugal

The VW plant Autoeuropa, one of the main employers in the Portuguese town of Palmela, is set to expand thanks to government investment. But the recent VW emissions scandal in Germany makes for an uncertain future. The VW plant Autoeuropa is one of the main sources of employment in Portugal. It is also one of …

Deutsche Welle

VW emissions scandal deepens

The bad news keeps piling up for Germany’s largest automaker. On Tuesday, Volkswagen said hundreds of thousands of its vehicles were irregularly emitting carbon dioxide.

Deutsche Welle

Sedran appointed new VW chief strategist

Crisis-hit Volkswagen has hired top strategy executive Thomas Sedran from its competitor Opel. It is the latest major personnel change in the wake of a scandal over the company’s cheating on diesel emissions tests. Volkswagen announced Monday that 51-year-old Sedran would take over responsibility for the company’s corporate strategy from November. He “will report directly …

Deutsche Welle

Toyota beats VW sales

Japan’s Toyota has reported its nine-month sales figures, showing that the company shifted more vehicles than German rival Volkswagen. Both firms had to announce massive recalls recently, albeit for different reasons. Toyota raced back to the top of the global sales table after logging 7.498 million vehicles in the first three quarters of 2015, the …

Deutsche Welle

Daimler sales unaffected by VW pollution scandal

German auto maker Daimler has reported record sales for the third quarter, lifting operating profit by almost a third year-on-year. The results showed the firm unharmed by rival VW’s pollution scandal. Germany’s Daimler, maker of the luxury Mercedes brand, said Thursday it had logged record unit sales in the July-September period, shifting 720,000 cars worldwide …

Deutsche Welle

Spain not hit by VW investment revision

The government in Madrid has said Spain will not be affected by German carmaker VW’s upcoming investment revision in the wake of its emission tests scandal. It said promised resources would be allocated as planned. VW’s current endeavors to come to grips with its scandal over rigged diesel-engine emission tests would have no impact on …

Deutsche Welle

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