VW News Updates

BusinessTechnologyAutonomous

SAF-Holland to Supply Air Suspension for VW E-Delivery Truck in Brazil

SAF-Holland announced it has been selected to supply the rear-drive air suspensions for the new VW electric delivery truck in Brazil.

August 3, 2020
BusinessTechnologyFuelAutonomous

VW CEO Herbert Diess Lauds Elon Musk Over Teslas Earnings

Volkswagen AGs CEO again praised Tesla Inc.s Elon Musk, this time for showing its possible to profit off electric cars even in the midst of a global pandemic.

July 24, 2020
Business

Volkswagen CEO Herbert Diess Giving Up Managing VW Brand

Herbert Diess, CEO of Volkswagen, ceded direct control of the German companys main passenger car brand after clashing with labor unions over production issues affecting two key models.

June 8, 2020
GovernmentBusinessFuel

VWs Diesel Woes Mount as EU Court Adviser Attacks Defeat Device

Volkswagen AGs use of technology that helped it to cheat on diesel engine pollution tests violated European Union rules, an EU legal adviser warned in the second setback for the automaker at the blocs highest court this month.

April 30, 2020
Business

VW Considers Options for Record $3.6 Billion Dividend

Volkswagen AG is considering whether to pay out a record 3.3 billion-euro ($3.6 billion) dividend as planned, or use at least part of it to shore up its finances for what is shaping up to be the biggest economic crisis since World War II.

April 8, 2020
GovernmentBusinessFuel

VW Used Defeat Devices in Diesel Engines, UK High Court Rules

A court in the United Kingdom ruled that Volkswagen AG used a so-called defeat device to help its diesel vehicles beat emissions tests, a decision that allows 91,000 customers to proceed with a class action against the carmaker.

April 6, 2020
BusinessSafety

VW Shutters Europe Plants as Pandemic Slams Auto Industry

Volkswagen AG will halt production at its plants in Europe, deepening the economic pain the rapidly spreading coronavirus is inflicting on the struggling car industry.

March 17, 2020
BusinessSafety

VW Faces Production Snarls as Virus Pandemic Hits Car Factories

Volkswagen AGs sprawling operations in Europe are starting to feel the effects of the coronavirus pandemic, as the German carmaker joined peers such as Fiat Chrysler Automobiles NV in winding down output at some of its factories.

March 16, 2020
BusinessTechnology

VW CEO Herbert Diess: Radical Overhaul Needed in Technology

Volkswagen AG Chief Executive Officer Herbert Diess told top managers that the worlds largest automaker needs to undergo a radical overhaul in the face of industry change or risk being pushed aside.

January 16, 2020
BusinessTechnologyAutonomous

VW Finance Chief Outlines Road Map for $221 Billion Ambition

Days before production starts on Volkswagen AGs cornerstone electric vehicle, the German manufacturer is stepping up a campaign to more than double its market value and gain investor recognition for the industrys most ambitious technology push.

October 28, 2019