Volkswagen AG and Daimler AG were inspected by European Union antitrust investigators as the EU stepped up a probe into allegations the German car industry colluded on technology for decades.
October 23, 2017volkswagen News Updates
Volkswagen and Daimler Inspected by EU as Cartel Probe Widens
VW to Roll Out Electric Trucks, Buses in $1.7 Billion Project
Volkswagen AG is flanking its push into electric cars with plans to roll out battery-powered commercial vehicles targeted at urban areas as growing public concerns about air quality boost demand.
October 11, 2017Volkswagen’s Scania Fined $1.03 Billion by European Union for Price Fixing
Volkswagen AG’s tarnished reputation suffered another blow after its Scania unit was slapped with a 880.5 million euro ($1.03 billion) fine for fixing truck prices, a year after other members of the cartel reached a record settlement with the European Union.
September 27, 2017Volkswagen Trucks Division Targets Strong Profitability Gain in 2017
Volkswagen's truck division aims to significantly increase its profitability this year as deepening cooperation between the MAN and Scania brands and improving overseas markets spur business, the company said March 20.
March 20, 2017Navistar, Volkswagen Seal $256 Million Alliance Deal
NASHVILLE, Tenn. — Navistar International Corp. and Volkswagen’s Truck & Bus division completed their alliance announced in September, with the German automotive company acquiring 16.2 million common shares, or 16.6% of equity, and the Lisle, Illinois, truck maker getting $256 million.
March 1, 2017Heavy-Duty Diesel, Natural-Gas Engine Advocates Vie for Share of VW Emissions Settlement
Advocates of heavy-duty engines powered by diesel or natural gas are separately vying for a share of the windfall directed at nitrogen oxide mitigation in all 50 states after recent judicial approval of the federal government’s multibillion-dollar settlement with Volkswagen AG.
November 8, 2016VW-Navistar Deal to Yield New Engine Platform for 2021
HANOVER, Germany — The recently announced Volkswagen-Navistar deal will yield a new North American engine platform for 2021, the top executives with both companies said here.
October 3, 2016Volkswagen Trucks Unit Allocates Development Projects Within Scania, MAN
Volkswagen AG’s heavy-truck business assigned development of components for its largest vehicles to Swedish brand Scania, while MAN will be in charge of mid-sized and smaller models to reduce costs by eliminating duplicated work.
September 28, 2016Volkswagen’s MAN Plans 1,400 Job Cuts as Turbo-Engine Division Reorganized
MAN SE, the German truck-making arm of Volkswagen AG, plans to cut 1,400 jobs at its diesel-engine unit in an attempt to reverse a drop in earnings in that division
September 23, 2016Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics