The CEO of Skoda Auto, a unit of VW, disclosed this news, which could potentially involve making a new auto plan, at the Paris car show. Bernhard Maier, the Chief Executive of Volkswagen’s Czechoslovakian brand Skoda Auto stated, the carmaker… Read More ›
Volkswagen has maintained that there is no way consumers can establish intentional harm caused by dieselgate in Germany. On Wednesday, Verbraucherzentrale (vzbv), a German consumer protection organization stated, it would file a class action lawsuit against Volkswagen on November 1,… Read More ›
In a lawsuit aimed at Volkseagen, shareholders representing 1,670 claims, have sued the carmaker over inadequate disclosures; they have argued that if they would have known of dieselgate they would have the opportunity to sell or not buy VW’s shares…. Read More ›
The agreement, which took 2 weeks to negotiate averted a potential strike at one of its biggest plant in Mexico’s central city of Puebla. On Monday, EU’s biggest carmaker Volkswagen AG stated, it has agreed to a 5.5% increase in… Read More ›
Ralf Brandstaetter will assume the new role in addition to his existing responsibilities. On Tuesday, German daily Bild reported citing a source familiar with the matter at hand as saying, Volkswagen, Europe’s biggest carmaker, is likely to name Ralf Brandstaetter… Read More ›
Of note is the fact that, when compared with rivals, which include Audi, Mercedes, Porsche and VW, BMW’s vehicles have faced fewer regulatory hurdles tied to excessive pollution. Duesmann is likely to head VW’s Audi brand if and when Rupert… Read More ›
Thomas Sedran, who currently is head of strategy at VW, will assume his new job on September 1, 2018. On Tuesday, Volkswagen named Thomas Sedran as head of its commercial vehicles division. Sedran, who currently is head of strategy at… Read More ›
Volkswagen’s top management is aiming to transformation the group into a more modern, streamlined company. Although the process is seen as painful, it pays off in the long run. On Friday, the top leader of Volkswagen’s powerful works council said,… Read More ›
Thanks to more business days, car sales are shooting up. According to industry data published on Thursday, in April car sales in the European Union have shot up by 9.6%, led by Toyota, Hyundai and Ford Motors. As per Brussels-based… Read More ›
At a crossroad, VW’s strategic steps could either lead to expanding these businesses or could lead to a spin-off. Looking at efforts aimed at boosting efficiency and becoming more nimble, Volkswagen, Europe’s biggest carmaker, is looking at the cost benefits… Read More ›
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