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Volkswagen
BMW joins VW in predicting China sales growth
21 Apr 2019
Business
MW joins Volkswagen in predicting China sales growth for the year. Nicolas Peter, chief financial officer at BMW, told Bloomberg's Tom Mackenzie exclusively that the carmaker expects 5-10% growth for its China sales this year.
Twilight of combustion engine comes for Germany
13 Apr 2019
Science & Tech
We may be witnessing the end of the internal combustion engine. As more and more consumers and investors make the shift to electric vehicles, will Germany’s auto makers be able to adapt in time? BMW and Volkswagen are among those actively looking to expand their offering of electric vehicles.
Volkswagen announces up to 7,000 job cuts
16 Mar 2019
Business
Despite high profits in 2018, Volkswagen has announced heavy job cuts. The company has said it would reinvest the money into developing electric vehicles.
Volkswagen CEO sees 'A Lot to Lose' in potential U.S., EU tariffs
24 Jan 2019
Business
Herbert Diess, chief executive officer at Volkswagen, discusses the potential impact of auto tariffs, joining forces on vans with Ford Motor Co., and expectations for industry consolidation.
Volkswagen to invest $800 million to build new electric vehicle in US
15 Jan 2019
Business
VW is to build a new electric vehicle at its plant in the US city of Chattanooga, expecting to sell a million of them by 2025. The German giant is also moving closer to announcing its partnership with Ford.
Volkswagen finds 'anomalies' in diesel software update
25 Dec 2018
Science & Tech
German carmaker Volkswagen said they "promptly" informed German authorities after discovering abnormalities in the new emissions software. The firm is still paying billions over the 2015 emissions cheating scandal.
Future is electric, says Volkswagen's Stackmann
17 Oct 2018
Business
Juergen Stackmann, head of sales for VW, discusses the company's comeback from the diesel crisis, demand and deliveries in China, the future of diesel, the outlook for his electric line.
Volkswagen opens first car assembly plant in Rwanda
1 Jul 2018
Africa
Volkswagen, in partnership with authorized seller CFAO, and the Rwandan government marked history today, opening the first car assembly plant in Rwanda, with a capacity to produce up to 5,000 cars.
Audi CEO Stadler arrested in diesel-cheating Probe
18 Jun 2018
Business
Audi CEO Rupert Stadler was taken into custody in Munich as part of the diesel-cheating scandal impacting the automaker and parent company Volkswagen.
World premiere of the new VW Touareg in China
5 Apr 2018
Business
Volkswagen recently chose Beijing to launch a new model: the third generation of the Touareg. Boasting state-of-the-art connectivity and a fascinating fusion of assists, comfort features and infotainment systems.
French carmaker PSA to buy Opel in deal valued at $2.3 billion
7 Mar 2017
Business
France's PSA Group has agreed to buy Opel from General Motors, giving it the boost to challenge European market leader Volkswagen.
Volkswagen to pay over $15.3 billion in settlement
28 Jun 2016
World
The U.S. Justice Department and Environmental Protection Agency says Volkswagen will set aside $10.033 billion to cover buybacks and fixes, part of a $15.3 billion settlement with U.S. regulators over pollution caused by its diesel vehicles.
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