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Latest Articles in volkswagen

Toyota Beats Volkswagen To Become World's No.1 Car Seller In 2020

Toyota said on Thursday its group-wide global sales fell 11.3% to 9.528 million vehicles in 2020. That compared with a 15.2 percent drop at Volkswagen to 9.305 million vehicles.

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Volkswagen Operating Profit Drops By Half In 2020

Sales at the German carmaker rose 1.7% in December, while new car registrations by the sector as a whole in Europe dropped nearly 4%, data from the European Automobile Manufacturers' Association showed.

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Volkswagen Says China Car Sales, Production Hit By Chip Supply Shortage

Global automakers including Ford Motor Co, Toyota Motor Corp and Nissan Motor Co Ltd have said they would cut vehicle production this month due to a shortage of semiconductors.

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Tesla Market Value Crosses $800 Billion For The First Time

Tesla's market value crossed $774 billion, making it Wall Street's fifth most valuable company, just behind Google-parent Alphabet Inc and ahead of social media giant Facebook Inc.

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Audi To Phase Out Combustion Engines In 10-15 Years - WirtschaftsWoche

It cited Audi Chief Executive Markus Duesmann as saying in an interview that "protection of the environment and economic success go together well".

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US Opens Probe Into Whether VW Vehicles Infringe Jaguar Land Rover Patents

Jaguar Land Rover (JLR) said the vehicles "have used JLR’s patented inventions without payment or permission" notably a patent for an "improved system for driving a vehicle on different driving surfaces, in particular off-road."

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Tesla Launches Second $5 Billion Share Sale Since September

The interest in its shares got another boost when S&P Dow Jones Indices said in late November that Tesla would be added to the S&P 500 index, making it one of the most valuable companies ever to be join the benchmark.

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Group Landmark delivers 100 Mercedes-Benz Cars in this festive season

Group Landmark delivers 100 Mercedes-Benz Cars in this festive season

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New Arm Technologies enable safety-capable computing solutions for an autonomous future

New Arm Technologies enable safety-capable computing solutions for an autonomous future

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Renault's De Meo Says More Cost Cuts May Be Needed

De Meo, a former Volkswagen executive who took over as CEO in July, did not give a figure for how much more money the company needed to save.

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Volkswagen Commences Bookings For Automatic Trims Of Polo, Vento

Both the trims now come with one-litre petrol engine mated with six speed automatic transmission.

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Germany's Car Industry Shows Initial Signs Of Recovery - Ifo

Volkswagen and Daimler have said customers have returned to showrooms after corona lockdowns eased, resulting in a gradual rebound in demand in Europe and China.

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Volkswagen's Skoda Auto Appoints Schaefer As Chairman

Skoda is a bellwether for the Czech economy and the country's biggest exporter with 1.24 million vehicles delivered in 2019.

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Volkswagen Cuts Dividend As Profits Evaporate In Pandemic Sales Slump

The company posted an adjusted operating loss of 1.7 billion euros ($2 billion) in the April to June period, down from a 5.1 billion euro adjusted operating profit in the year-earlier period.

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Chile Judge Calls For Water Study On 'Fragile' Lithium-Rich Atacama Salt Flat

German automakers Volkswagen and Daimler this year joined the push for more sustainable lithium mining in Chile, a sign of growing supply chain concerns ahead of an expected electric vehicle boom.

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