Volkswagen Ag
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Volkswagen Boosts Electric Car Investment In Spain To 10 Billion Euros
Volkswagen AG and partners will invest 10 billion euros to make electric vehicles and batteries in Spain.
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Ship With Nearly 4,000 VW Group Cars, Including Lamborghinis And Porsches, Catches Fire In Atlantic
A cargo ship named Felicity Ace carrying 3,965 Volkswagen AG vehicles aboard, including Lamborghini, Porsche and Audi cars, caught fire near the Azores Islands in the Atlantic Ocean.
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Volkswagen Plans Farewell To Legendary Santana Model In China
Volkswagen AG's joint venture with SAIC Motor will end production of the Santana, Skoda's Rapid and a current version of Tharu sport-utility vehicles (SUV) at its plant in the eastern city of Yizheng.
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12 Automakers Urge California Senators To Oppose Union EV Tax Credit
Senior executives at 12 major international automakers on Friday urged California's two U.S. senators to oppose a proposal to give union-made electric vehicles an additional $4,500 tax credit.
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Europe's Top Carmakers Count Mounting Cost Of Chip Crunch
Volkswagen AG cut its outlook for deliveries, toned down sales expectations and warned of cost cuts as it reported lower-than-expected quarterly operating profit.
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Volkswagen Executive Sees Global Chip Shortage Running Well Into 2022
Volkswagen AG's top Americas executive said on Tuesday the global semiconductor chip shortage will run well into next year. "Without a doubt, this shortage is going to go well into 2022, at least the second half of '22," Volkswagen Group of America Chief Executive Scott Keogh.
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Volkswagen Joins Tesla In Call For Lower Import Tax On EVs In India
Volkswagen AG, the world's second-largest carmaker, is calling for lower import duties on electric cars in India to help drive demand for clean vehicles, echoing Tesla's recent pitch which has divided the country's auto industry.
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Reality Check For Volkswagen In China After Sluggish Start For Electric Car Series
Volkswagen said it was confident the two ID.4 models would see sales growth and noted plans for three more ID models to be launched this year in China.
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Volkswagen AG Donates 10 million Euros For European Environmental Projects
In the agreement with the EIB made in December 2018, Volkswagen AG voluntarily undertook to spend a total of 10 million Euros on environmental and sustainability projects as part of its commitment to sustainability.
-
Volkswagen Terminates All Motorsport Programmes; To Focus On Electric Mobility
Volkswagen Motorsport GmbH will be terminating all motorsport activities to focus on electric mobility operations and all of the 169 employees will be absorbed within Volkswagen AG.
-
Volkswagen Expects Single-Digit Sales Decline In China This Year
Volkswagen AG said on Friday it expects its China sales to fall a single-digit percent this year as new sport-utility vehicles and premium models help it recover from a sales slide in the world's biggest auto market. The German automaker sold 1.59 million vehicles in China in the first six months of 2020, down 17% from 1.92 million units in the sam...
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Ford, Volkswagen Will Stay Neutral On Challenges To Trump Vehicle Emissions Rule: Report
Four major automakers will not take a position on legal challenges to the Trump administration's decision to dramatically weaken Obama-era fuel economy standards but want to weigh in on any court fix, according to a document seen by Reuters. The Trump administration in March finalized rollback of U.S. vehicle emissions standards to require 1.5% ann...
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Volkswagen Pumps 2 Billion Euros Into China Electric Vehicle Bet
Volkswagen AG plans to boost its electric push in China, the world's biggest auto market, by pumping 2.1 billion euros in two Chinese electric vehicle players. The deals come as global rivals such as General Motors, Toyota and Tesla Inc seek to expand electric sales in the Chinese car market. Volkswagen said it will invest 1 billion euros to take a...
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Automaker Trade Backs U.S. On Effort To Weaken Fuel Efficiency Rules
A group representing many major automakers on Friday backed the Trump administration's decision to weaken Obama administration fuel efficiency standards but said it opposed further reductions in requirements.In March, the Trump administration issued final rules requiring 1.5% annual increases in efficiency through 2026 - far weaker than the 5% incr...
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Key Mexican State For German Automakers Hit Brakes On Restart
The Mexican state of Puebla said on Friday that conditions "do not exist" yet to re-start activities in its automotive industry due to the coronavirus pandemic, putting the brakes on carmakers rebooting their operations there.German automakers Volkswagen AG and Audi have major plants in the state southeast of Mexico City, but they have idled produc...
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Volkswagen Boosts Electric Car Investment In Spain To 10 Billion Euros
Volkswagen AG and partners will invest 10 billion euros to make electric vehicles and batteries in Spain.
-
Ship With Nearly 4,000 VW Group Cars, Including Lamborghinis And Porsches, Catches Fire In Atlantic
A cargo ship named Felicity Ace carrying 3,965 Volkswagen AG vehicles aboard, including Lamborghini, Porsche and Audi cars, caught fire near the Azores Islands in the Atlantic Ocean.
-
Volkswagen Plans Farewell To Legendary Santana Model In China
Volkswagen AG's joint venture with SAIC Motor will end production of the Santana, Skoda's Rapid and a current version of Tharu sport-utility vehicles (SUV) at its plant in the eastern city of Yizheng.
-
12 Automakers Urge California Senators To Oppose Union EV Tax Credit
Senior executives at 12 major international automakers on Friday urged California's two U.S. senators to oppose a proposal to give union-made electric vehicles an additional $4,500 tax credit.
-
Europe's Top Carmakers Count Mounting Cost Of Chip Crunch
Volkswagen AG cut its outlook for deliveries, toned down sales expectations and warned of cost cuts as it reported lower-than-expected quarterly operating profit.
-
Volkswagen Executive Sees Global Chip Shortage Running Well Into 2022
Volkswagen AG's top Americas executive said on Tuesday the global semiconductor chip shortage will run well into next year. "Without a doubt, this shortage is going to go well into 2022, at least the second half of '22," Volkswagen Group of America Chief Executive Scott Keogh.
-
Volkswagen Joins Tesla In Call For Lower Import Tax On EVs In India
Volkswagen AG, the world's second-largest carmaker, is calling for lower import duties on electric cars in India to help drive demand for clean vehicles, echoing Tesla's recent pitch which has divided the country's auto industry.
-
Reality Check For Volkswagen In China After Sluggish Start For Electric Car Series
Volkswagen said it was confident the two ID.4 models would see sales growth and noted plans for three more ID models to be launched this year in China.
-
Volkswagen AG Donates 10 million Euros For European Environmental Projects
In the agreement with the EIB made in December 2018, Volkswagen AG voluntarily undertook to spend a total of 10 million Euros on environmental and sustainability projects as part of its commitment to sustainability.
-
Volkswagen Terminates All Motorsport Programmes; To Focus On Electric Mobility
Volkswagen Motorsport GmbH will be terminating all motorsport activities to focus on electric mobility operations and all of the 169 employees will be absorbed within Volkswagen AG.
-
Volkswagen Expects Single-Digit Sales Decline In China This Year
Volkswagen AG said on Friday it expects its China sales to fall a single-digit percent this year as new sport-utility vehicles and premium models help it recover from a sales slide in the world's biggest auto market. The German automaker sold 1.59 million vehicles in China in the first six months of 2020, down 17% from 1.92 million units in the sam...
-
Ford, Volkswagen Will Stay Neutral On Challenges To Trump Vehicle Emissions Rule: Report
Four major automakers will not take a position on legal challenges to the Trump administration's decision to dramatically weaken Obama-era fuel economy standards but want to weigh in on any court fix, according to a document seen by Reuters. The Trump administration in March finalized rollback of U.S. vehicle emissions standards to require 1.5% ann...
-
Volkswagen Pumps 2 Billion Euros Into China Electric Vehicle Bet
Volkswagen AG plans to boost its electric push in China, the world's biggest auto market, by pumping 2.1 billion euros in two Chinese electric vehicle players. The deals come as global rivals such as General Motors, Toyota and Tesla Inc seek to expand electric sales in the Chinese car market. Volkswagen said it will invest 1 billion euros to take a...
-
Automaker Trade Backs U.S. On Effort To Weaken Fuel Efficiency Rules
A group representing many major automakers on Friday backed the Trump administration's decision to weaken Obama administration fuel efficiency standards but said it opposed further reductions in requirements.In March, the Trump administration issued final rules requiring 1.5% annual increases in efficiency through 2026 - far weaker than the 5% incr...
-
Key Mexican State For German Automakers Hit Brakes On Restart
The Mexican state of Puebla said on Friday that conditions "do not exist" yet to re-start activities in its automotive industry due to the coronavirus pandemic, putting the brakes on carmakers rebooting their operations there.German automakers Volkswagen AG and Audi have major plants in the state southeast of Mexico City, but they have idled produc...
