Volkswagen Archives — Page 2 of 5

February 10, 2021 No Responses

Volkswagen Explores Flying Cars

Volkswagen is conducting a feasibility study in China about flying cars, Europe’s biggest automaker said on Tuesday, joining a growing number of companies looking into the potential technology.“Beyond autonomous driving the concept of vertical mobility could be a next step to take our mobility...

January 29, 2021 No Responses

Toyota Beats Volkswagen To Become World’s No.1 Car Seller In 2020

Japan’s Toyota Motor Corp overtook Germany’s Volkswagen in vehicle sales last year, regaining pole position as the world’s top selling automaker for the first time in five years as the pandemic demand slump hit its German rival harder...

January 24, 2021 No Responses

VW Operating Profit Drops By Half In 2020

For the year 2020, Volkswagen adjusted operating profit nearly halved but car deliveries, according to the company had recovered strongly in the fourth quarter.The world’s largest carmaker said full-year operating profit adjusted for ...

January 15, 2021 No Responses

Volkswagen Delivers 9.3m Cars In 2020

German automaker Volkswagen said its global sales fell 15.2 percent during 2020 due to the COVID-19 pandemic but showed significant recovery toward the end of the year. The company more than tripled its sales of battery-only vehicles.Global sales for all...

December 30, 2020 No Responses

Volkswagen Unveils Electric Car-Charging Robot

Volkswagen Group has unveiled the first glimpse of the prototypes of its mobile charging robot that can be used for fully autonomous charging of vehicles in restricted parking areas, like underground garages.The charging robot — started via an app or ...

November 30, 2020 No Responses

VW Plans Small Electric Car For The Masses

Volkswagen is bringing forward the development of a small electric car for the mass market in anticipation of tougher climate regulations, according to plans seen by Reuters, as it seeks to boost sales in a new green era.Under the project dubbed...

November 24, 2020 No Responses

Volkswagen Welcomes Government’s Scheme To Support Low-Emission Cars

Volkswagen has said the German government‘s 3 billion euro ($3.57 billion) scheme to support low-emission cars sent a strong signal Berlin would help lift the country’s key export industry out of the coronavirus and cl...

November 17, 2020 No Responses

Volkswagen Boosts Production Of New Passat, Others With $1.18b

Volkswagen plans to invest 1 billion euros ($1.18 billion) in its Slovak plant, including 500 million euros to produce next-generation Passat and Skoda Superb models, VW Slovakia Chairman Oliver Gruenberg said on Monday.The German carm...

October 26, 2020 No Responses

VW To Have Audi Unit Oversee UK Brand Bentley

Volkswagen plans to make British luxury carmaker Bentley a subsidiary of its Audi division as it seeks economies of scale among its top-end brands, German trade publication Automobilwoche reported.Bentley, for now overseen by the head ...

October 19, 2020 No Responses

Volkswagen Explains New Trucks deal

Volkswagen‘s trucks business Traton said had agreed to raise its takeover bid for Navistar International Corp to $44.50 per share from $43, closing in on a deal that would extend its reach into North America.A successful me...

October 16, 2020 No Responses

VW Unveils All-New Taos SUV For Global Market

Volkswagen has unveiled the all-new 2022 Taos in the United States market. The German automaker introduced the compact Sports Utility Vehicle (SUV) in a bid to double-up its SUV strategy.The 2022 Taos is set to be smallest SUV of the...

October 8, 2020 No Responses

Volkswagen Targets 90% Electric Car Sales

Electric cars will likely make up 90% of Volkswagen AG‘s sales in Norway next year and could completely replace diesel and petrol engines in the Nordic country by 2023, the German auto maker’s local importer said on Wednesday.With a ...

October 1, 2020 No Responses

VW To Unveil New Strategic Steps

Volkswagen needs to change to stay relevant in the electric and digital vehicle era and will announce “important steps” to that end before the close of the year, Chief Executive Herbert Diess said on Wednesday.“Volkswagen needs to c...

September 29, 2020 No Responses

Volkswagen, Chinese Ventures To Invest $17 billion In Electric Vehicles

Volkswagen AG said on Monday it and three local joint ventures plan to invest around 15 billion euros ($17.44 billion) in electric mobility in China, the world’s biggest car market, between 2020 and 2024.With the investment by Volkswagen and its three.....