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Latest Articles in volkswagen

Volkswagen To Close Factories In Mexico To Protect Public Health

The company also pointed to slowing demand and the risk of shortages of parts as factors in the decision to suspend production in the factories.

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Volkswagen's Portugal Plant Reduces Output By 16% Due To Coronavirus

The plant, which produced 254,600 cars last year, will make 744 units per day, down from its usual output of 890, the firm said.

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VW Considers Temporary Layoffs In Spain If Coronavirus Disrupts Supply

The deal with the two main unions - which has yet to be signed - agrees on a potential temporary layoff of a number of workers at any time in 2020.

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Family Clan Members Back Volkswagen CEO's Electric Strategy - Bild

Volkswagen is shifting from being a manufacturer of traditional vehicles to making self-driving and connected cars, as well as electric vehicles.

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VW Proposes 35% Dividend Increase As 2019 Profit Surges 22%

Volkswagen is in the midst of ramping up sales of sports utility vehicles, which command better profits than ordinary cars, to 40% of passenger car sales from below 25% in 2018.

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Volkswagen's Skoda Targets Indian Revival With Tougher Safety, Emission Rules

Among the new rules are tighter emissions standards, pushing up the costs for domestic carmakers and forcing many to increase prices in India, which is expected to become the world's third-largest car market by 2026.

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Volkswagen's Skoda Targets Indian Revival With Tougher Safety, Emission Rules

The Volkswagen-owned Czech carmaker has been tasked with helping its German parent achieve a 2025 target of a 5% market share in India.

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Volkswagen Truck Unit Traton Offers $2.9 Billion To Take Over Navistar

Volkswagen floated an 11.5% stake in Traton last June. The subsidiary's shares have trended down from the 27 euro offering price and are trading at 23.23 euros.

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Volkswagen To Buy 20% Of Chinese Battery Maker Guoxuan Amid Electric Push

Guoxuan's market capitalisation of $2.8 billion, a 20% stake in the company at present is worth about $560 million.

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Fiat Chrysler, Peugeot Owner Agree Binding $50 Billion Merger Deal

French Finance Minister Bruno Le Maire, meanwhile, welcomed the move to bring together Europe's second and third biggest carmakers.

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Emission Fiasco: No Coercive Action Against Volkswagen, Says SC

A bench headed by Justice S A Bobde virtually stayed the imposition of fine for the time being against the multinational automobile company

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Audi To Pay 800 Million Euro Fine In Germany Over Diesel Cheating

Today's fine on Audi comes on top of total costs in fines, buybacks and refits of more than 27 billion euros that Volkswagen has had to pay out over its "dieselgate" scandal

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Booming Demand Lifts AB Volvo Profit, Straining Supply Chain

In the first quarter, its operating margin rose to 9.3 percent from 8.9 percent, but fell shy of the 9.5 percent seen by analysts as costs to cope with a stretched supply chain dented profitability in its trucks business

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Volkswagen Appoints Bishwajeet Samal As Marketing Head For India

Bishwajeet Samal will be reporting to Steffen Knapp, Director, Volkswagen Passenger Cars India

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