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…
Volkswagen plans over 1 billion euro investment in software JV in China – sources
BERLIN (Reuters) – Volkswagen is planning a significant investment in a joint venture in China for software production, sources with knowledge of the matter said on Thursday. An official announcement is expected…
Volkswagen faces Israeli emissions class action suit after court ruling
JERUSALEM (Reuters) – Volkswagen faces a class action suit in Israel after a court ruled in favour of petitioners seeking compensation from the German carmaker over diesel emissions cheating. A Tel Aviv…
VW finance chief: “Today is a good day for Porsche and for Volkswagen”
BERLIN (Reuters) – The listing of Porsche AG gives the luxury car maker more entrepreneurial autonomy to implement its strategy and Volkswagen more flexibility in financing the transformation towards electromobility and digitalization,…
Volkswagen, Elia sign MoU to explore vehicle integration into power grid
FRANKFURT (Reuters) – Volkswagen’s charging unit Elli has signed a memorandum of understanding with Belgian network operator Elia and one of its start-ups to explore the integration of electric vehicles into the…
Volkswagen has gas supplies for winter but could see shortages next year
BERLIN (Reuters) -Volkswagen should be able to maintain production in the next 5-6 months if Germany continues to fill its gas reserves, but rising energy prices and instability in supply chain networks…
Volkswagen does not see chip shortage ending in 2023 – Automobilwoche
BERLIN (Reuters) – Volkswagen no longer sees chip shortages ending in 2023, and the German carmaker is preparing for the “new normal” of supply chain disruptions, Murat Aksel, head of procurement on…
Porsche and Piech families seek driving seat at Volkswagen – sources
By Jan Schwartz HAMBURG – Volkswagen’s controlling shareholder families aim to keep Europe’s top carmaker on a shorter leash and want greater say over strategic matters in what marks a power play…
Porsche listing plans on track, Volkswagen CFO says
BERLIN – Preparation for a listing of Volkswagen’s sportscar brand Porsche later this year is continuing, with a decision expected in late summer, the carmaker’s chief financial officer said on Thursday. “We…
Volkswagen investors split on whether Porsche IPO should go ahead – Bernstein poll
BERLIN – Volkswagen investors polled by Bernstein Research were split on whether an IPO of sportscar brand Porsche should go ahead after Friday’s announcement of a leadership change at the helm of…
Volkswagen CEO says German economy needs China – Spiegel
BERLIN – Inflation would spiral even further in Germany if it weren’t for business with China, Volkswagen Chief Executive Herbert Diess said in a media interview published on Thursday. “Germany would look…
Brazil Volkswagen workers approve agreement for $193 million investment
SAO PAULO – Volkswagen Group workers at its Taubate plant, in the Brazilian state of Sao Paulo, approved on Wednesday an agreement allowing an investment of 1 billion reais ($192.97 million) for…
Easing chip shortages to help Volkswagen in H2 – CEO
BERLIN – Volkswagen sees a strong second half of 2022 and expects progress in catching up with rival Tesla as easing chip shortages start to offset supply chain bottlenecks and rising costs,…
Volkswagen to cut working hours, wages in Brazil as parts shortage deepens
SAO PAULO – Volkswagen AG is set to cut working hours and wages at its Sao Bernardo do Campo factory in Brazil as it grapples with a lack of auto parts and…
Volkswagen CEO questions whether Apple plans to produce cars
BERLIN – Volkswagen CEO Herbert Diess said on Wednesday he was not sure Apple planned to produce cars but that the California-based company certainly wanted to provide software for cockpits. “I’m not…
Volkswagen CEO defends operations in China’s Xinjiang, Handelsblatt reports
BERLIN – Volkswagen plans to continue operations at its plant in China’s Xinjiang region despite reports of human rights violations there, the chief executive said in comments published by the Handelsblatt newspaper…
Volkswagen, Mahindra explore partnership for electric vehicle components
By Aditi Shah NEW DELHI – Germany’s Volkswagen AG is exploring a partnership to supply electric components to Indian automaker Mahindra and Mahindra, the companies said on Thursday. Volkswagen and Mahindra are…
Volkswagen to build 800,000 fully-electric cars this year
BERLIN – Volkswagen is planning to build 800,000 fully electric cars worldwide this year and 1.3 million in 2023, the carmaker said on Thursday, as it works towards making half its global…
Volkswagen China’s Shanghai plant resumes production gradually
SHANGHAI – Volkswagen Group China’s Shanghai factory has started a gradual resumption to production, it said on Monday. Its factories in the northeastern Chinese city of Changchun, which it runs in a…
Volkswagen focuses on regions to reduce supply chain vulnerability
BERLIN – Volkswagen said on Tuesday that a new growth plan would aim to reduce its vulnerability to the effects of global conflicts, such as supply chain disruption and rising prices, by…
Volkswagen rejects shareholder push for climate lobbying disclosures
BERLIN – Volkswagen has rejected a shareholder proposal for it to explain how its lobbying activities align with its climate goals – something two of the carmaker’s leading competitors have already promised…
Volkswagen suspends Shanghai production amid COVID lockdown
BERLIN/SHANGHAI -Volkswagen on Thursday said it would halt work at its factory in Shanghai between April 1-5, reversing an earlier plan to maintain some of its production, as the city extends a…
Lacking wire harnesses from Ukraine, Volkswagen delays ID.5 launch
BERLIN – Volkswagen will delay the launch of its ID.5 electric car by a month to the first week of May because of disruptions in the supply of wire harnesses from Ukraine,…
Volkswagen keeps Changchun factory shut on Thursday, Shanghai to reopen
BERLIN -Volkswagen Group China said on Wednesday it would as a precautionary measure pause production for another day in Changchun due to COVID cases, but would resume production in Shanghai on Thursday…
Volkswagen brand reluctant to make 2022 forecast
BERLIN – German carmaker Volkswagen said on Wednesday that deliveries of its core brand dropped by 8% to 4.9 million vehicles last year, and it was reluctant to make forecasts for 2022.…
Volkswagen prioritises China, U.S. amid Europe instability
BERLIN – Volkswagen is shifting production to China and the United states as a result of the war in Ukraine and will prioritise China this year, its Chief Executive Herbert Diess said…
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