Volkswagen

    • VW postpones decision on Eastern European plant

      VW postpones decision on Eastern European plant

      The German manufacturer Volkswagen announced this Monday that it has postponed its decision on where to build its new multibrand assembly factory in Eastern Europe, where some of the German group’s car models would be produced. Still, the group, has been given the greenlight by the Board of Supervisors of the project and its management to start final talks with the contenders for the investment, which is being estimated at approximately €1bn.

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    • Audi in drive to cut costs by $17bn

      Audi in drive to cut costs by $17bn

      Volkswagen's premium brand Audi wants to cut costs by $17bn by 2022, a German business magazine reported on Thursday, citing Audi executives. According to the information, the cost cuts are aimed at help helping finance projects such as a shift to electromobility at Audi, but they will as well result in a 3 percent decrease in Audi's staff per year, or around 14,000 jobs by 2024.

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    • Ford, VW to announce global alliance today

      Ford, VW to announce global alliance today

      Volkswagen Group and Ford Motor are expected to unveil an alliance on Tuesday that would reportedly combine forces on commercial vehicles and is likely to expand into joint development of electric and self-driving technology. Even though the details of the partnership are still a mystery, the move is aimed at saving the automakers billions of dollars.

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    • Volkswagen sets new all-time record for most car sales

      Volkswagen sets new all-time record for most car sales

      In 2017 VW Group posted a monster sales year with 10.7m vehicles delivered, making it one of the largest automakers in the world. But not the largest. That honor went to the Renault-Nissan Alliance, whose acquisition of Mitsubishi helped place it at number one. In 2018, however Volkswagen has struck back with 10.83m vehicles delivered worldwide, a new all-time record for any automaker.

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    • VW to produce more than 50m electric cars

      VW to produce more than 50m electric cars

      Volkswagen is readying its production facilities to make 50m electric cars over the next several years, the automaker’s CEO Herbert Diess told Automotive News in an interview published 12 November. The announcement comes as Volkswagen continues to move past the 2015 Dieselgate emission scandal and follows the UK ban on new diesel vehicles altogether.

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    • EU probes BMW, Daimler, VW over alleged emissions collusion

      EU probes BMW, Daimler, VW over alleged emissions collusion

      The European Commission has opened an in-depth investigation into whether German automakers BMW, Daimler and Volkswagen Group (Volkswagen, Audi, Porsche) breached EU antitrust rules by colluding to avoid competition on the development and roll-out of technology to clean the emissions of petrol and diesel passenger cars. The move marks a fresh blow to the scandal-hit industry three years after the notorious 'Dieselgate' scandal.

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    • VW investors seek €10bn damages over Dieselgate

      VW investors seek €10bn damages over Dieselgate

      Volkswagen’s bill for cheating on diesel emissions could potentially top €30bn as a legal battle with thousands of investors heats up in the German car manufacturer's own backyard as a court in the town of Braunsweig, just 20 miles from VW's Wolfsburg headquarters, has started today the first court case against the carmaker over the diesel scandal. 

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