UAW wins big in historic union vote at Volkswagen Tennessee factory
By Nora Eckert CHATTANOOGA, Tennessee (Reuters) -Workers at Volkswagen’s Tennessee plant have voted to join the United Auto Workers, in a seismic victory for the union as it drives beyond its Detroit…
Russia approves sale of Volkswagen plant to domestic dealership
(Reuters) – A Russian government commission has approved the sale of Volkswagen’s main factory in Russia to a domestic car dealership, Trade and Industry Minister Denis Manturov told the TASS news agency…
Russian carmaker files third lawsuit against Volkswagen
(Reuters) – Russian carmaker GAZ has filed a lawsuit worth 15.6 billion roubles ($200.5 million) against Volkswagen, court records show, adding to two others filed earlier this year. The lawsuit, details of…
Volkswagen: US-made ID.4 models eligible for full tax credit
BERLIN (Reuters) – Volkswagen’s U.S.-assembled ID.4 models will be eligible for a $7,500 tax credit this year, according to the German carmaker, after new U.S. Treasury requirements on battery sourcing came into…
Volkswagen to launch 1-billion euro electric vehicle R&D, procurement centre in China
BERLIN/SHANGHAI (Reuters) – Volkswagen is investing around 1 billion euros ($1.10 billion) in a new development and procurement centre for electric vehicles in Hefei, China, the company said on Tuesday, in a…
Volkswagen calls for delay in implementation of new EU emissions standards to 2026
BERLIN (Reuters) – Volkswagen called on Thursday for the implementation of new EU emissions standards to be pushed to at least autumn of 2026, slightly over a year later than planned, with…
Russian court rules against Volkswagen asset freeze
By Gleb Stolyarov and Alexander Marrow (Reuters) – A Russian court has ruled against freezing Volkswagen’s assets in Russia, stating there were no grounds to suggest the carmaker would try to dodge…
Volkswagen not planning new combustion engine Golf – Automobilwoche
BERLIN (Reuters) – Volkswagen does not plan to develop a new combustion engine generation of its legendary Golf car, brand chief Thomas Schaefer told autos publication Automobilwoche on Sunday, marking the end…
Volkswagen hopes to finalise sales process for Russia plant soon – brand chief
(Reuters) – Volkswagen brand chief Thomas Schaefer said the carmaker hoped to finalise the sales process for its plant in Kaluga, Russia soon, though he did not give a specific timeframe. “The…
Volkswagen: still targeting an affordable EV by 2025
BERLIN (Reuters) – Volkswagen still wants to bring an affordable electric vehicle – costing around 25,000 euros ($26,790.00) in today’s prices – to market by 2025, the carmaker said on Tuesday, describing…
Volkswagen: to share results of mock listing exercise in June
BERLIN (Reuters) – Volkswagen will share the outcome of a mock listing exercise for its brands and Volkswagen Group instigated by Chief Executive Oliver Blume at a capital markets day on June…
Volkswagen focuses on productivity in challenging year
(Reuters) – Volkswagen needs to focus on productivity at its mass-market brands to cope with a step up in competition this year as supply chains improve, car production rises and consumers remain…
Volkswagen relishes competition in Chinese EV market
By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) -Volkswagen wants to expand both its higher-end and lower-end offering in the Chinese market, China chief Ralf Brandstaetter said on Monday, calling the country’s…
Volkswagen to refocus on raising productivity, warns of challenging 2023 – finance chief
BERLIN (Reuters) – Volkswagen will refocus on raising productivity after numerous challenging years and is targeting margin parity between electric and combustion engine cars in 2-3 years if raw material prices normalise,…
Volkswagen expects difficult 2023 for financial services unit
(Reuters) – Volkswagen expects a difficult 2023 for its financial services unit on the back of economic downturn, higher energy prices and rising interest rates. “We see that people are more cautious…
Volkswagen CEO to present software ‘reality check’ to board on Dec 15
By Jan Schwartz HAMBURG (Reuters) – Volkswagen’s CEO will outline a new software and vehicle platform strategy to the carmaker’s supervisory board on Dec. 15 as he tries to turn his predecessor’s…
Volkswagen resumes production at China plants
BERLIN (Reuters) – Volkswagen and FAW’s (SASACJ.UL) plant in Chengdu, China has resumed production after a brief halt and two lines which were suspended at the carmaker’s Chengchun plant are also running…
Volkswagen to discuss new software roadmap on Dec. 15 -Handelsblatt
BERLIN (Reuters) – Volkswagen Chief Executive Oliver Blume will present a long-delayed new software strategy for the carmaker at a supervisory board meeting on Dec. 15, Handelsblatt newspaper reported on Monday, citing…
Volkswagen in talks with pre-IPO investors for battery unit – sources
By Emma-Victoria Farr and Jan Schwartz FRANKFURT/HAMBURG (Reuters) – German carmaker Volkswagen is holding discussions with investors to join its battery division ahead of a possible partial initial public offering (IPO) of…
Volkswagen sells WeShare to Berlin-based carsharing service
BERLIN (Reuters) – Volkswagen said on Tuesday it would sell its carsharing service WeShare to Miles Mobility, under a deal that sees the Berlin-based competitor order more than 10,000 electric cars from…
Volkswagen: Supply chain problems now the rule, not exception
BERLIN (Reuters) – Volkswagen’s chief executive warned on Friday that supply chain problems were now the rule and not the exception, with the carmaker sitting on 150,000 unfinished vehicles because of lacking…
Volkswagen, Continental announce nearly $1 billion in Mexico investments
MEXICO CITY (Reuters) – Auto manufacturing companies Volkswagen and Continental both pledged major investments in Mexico on Thursday totaling nearly $1 billion, one of the biggest sums for the sector to be…
Volkswagen no longer investing in self-driving startup Argo AI
BERLIN (Reuters) – Volkswagen AG is no longer investing in Argo AI, the company said on Wednesday, concentrating its automated driving efforts on its existing partnerships with Bosch and Horizon Robotics in…
Volkswagen to rake in almost half of Spain’s EV subsidies
MADRID (Reuters) – Volkswagen’s Spanish subsidiary SEAT will rake in almost half of the nearly 900 million euros ($888 million) in government subsidies allocated for electric vehicle development, Spain’s Industry Ministry said…
Volkswagen: we have never had supply chain shortages like today
By Victoria Waldersee BERLIN (Reuters) -Volkswagen is entering into direct purchase agreements in unprecedented areas to tackle the worst supply chain shortages the company has seen, its purchasing chief Murat Aksel said…
Volkswagen targeting 20-30% automation at new electric vehicle plant
By Victoria Waldersee WOLFSBURG (Reuters) – Volkswagen is looking at automating 20-30% of production at its upcoming Trinity plant near its Wolfsburg headquarters, the plant’s chief production officer said on Tuesday. “Assembly…
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