Volkswagen Archives — Page 3 of 5

September 9, 2020 No Responses

Volkswagen Ends Dealership Ties Over Symbol

Volkswagen has announced it was cutting commercial ties with a Mexican distributor which displayed an old photograph of an iconic Beetle car alongside Nazi soldiers and swastikas.The picture shows “a regime that emphasized hatred and discrimination” and was “completely alien...

September 8, 2020 No Responses

VW Refutes Seeking Deal With Tesla

Volkswagen‘s Chief Executive Herbert Diess on Monday sought to quell speculation that the world’s largest carmaker, which is on a mass production push for electric cars, has plans to develop deeper ties with start-up rival Tesla...

August 4, 2020 No Responses

Volkswagen Unveils Vehicle Assembly Facility In Ghana

Volkswagen is expanding its footprint in Sub-Sahara Africa with the official opening of vehicle assembly facility in Accra, Ghana. A statement issued by Head of Group Communications, Volkswagen Group South Africa, Andile Dlamini, sa...

July 19, 2020 No Responses

Volkswagen Projects Mild Growth

German automaker, Volkswagen AG expects a slight growth in China’s premium car segment this year despite a slide in broader market sales, a senior executive said.Volkswagen Group‘s China chief, Stephan Woellenstein, made the remarks to reporter...

July 16, 2020 No Responses

Volkswagen To Revamp Facility

Volkswagen AG and its Chinese joint venture partner SAIC Motor plan to invest 4.13 billion yuan ($590 million) to revamp their car plants in Shanghai to make new Audi sedans, according to a government document seen by Reuters.SAIC Volkswagen, the joint v...

July 15, 2020 No Responses

Volkswagen Shifts Software Development Centre To Audi

Volkswagen will shift leadership for software development to the company’s premium Audi division in Ingolstadt, Bavaria, Herbert Diess, chief executive of the multi-brand group has said.“The centre of gravity for software development will move ...

June 24, 2020 No Responses

Volkswagen Explores Acquisition Of Car Rental Group

Volkswagen AG is in talks to acquire car French rental firm Europcar Mobility Group SA , in a deal that would allow the German car maker to better capitalize on its fleet.The acquisition would come as Europcar struggles to cope with the economic fallout ...

June 17, 2020 No Responses

Volkswagen To Pay $267m For Audi Buyout

Volkswagen will pay a 48% premium to buy out the minority shareholders of premium division Audi, Audi said on Tuesday.Volkswagen, which already holds 99.64% of Audi, announced the squeeze-out plans in February.“Volkswagen AG announced and specified tha...

May 6, 2020 No Responses

Volkswagen To Begin Sales Of New All-Electric Hatchback November 17

Volkswagen is to start selling the launch edition of its ID.3 vehicle next month to customers who placed pre-orders of the all-electric hatchback. According to the auto firm, Customers who made reservations for the launch edition, known as ID.3 1st,...

April 25, 2020 No Responses

Volkswagen Restarts Production In Germany

About Five weeks of shutdown due to the coronavirus crisis, Germany’s largest car manufacturer Volkswagen has restarted production in two of its plants. Volkswagen’s vehicle plant in Zwickau, Saxony would “cautiously resume” production ...

April 16, 2020 No Responses

VW To Resume Production In South Africa May, April 20 In Germany

Volkswagen on Wednesday said factories producing cars for its core brand in Zwickau, Germany and Bratislava, Slovakia will resume production starting on April 20, with other locations ramping up plants starting from April 27 onwards. Meanwhile, factories...

April 14, 2020 No Responses

VW To Aid Dealers Supporting Coronavirus Relief Efforts

Volkswagen AG said on Monday it would give financial assistance to its U.S. dealers who wish to use their loaner fleet to pickup and deliver essential supplies in areas affected by the COVID-19 pandemic. The loaner cars, typically offered to...

March 29, 2020 No Responses

Volkswagen: Car Market To Recover In Summer

Volkswagen expects the car market in Germany to recover in the summer after the auto maker was forced to suspend output due to the coronavirus pandemic.. “We assume that Germany will return to normal in the summer,” Juergen Stackmann, management...

March 9, 2020 No Responses

New Volkswagen Tiguan Allspace Debuts

Volkswagen family has announced the launch of its first Sports Utility Vehicle (SUV) of 2020, the Tiguan Allspace in India. Based on the MQB architecture, the Tiguan Allspace seven-seater SUV comes powered by a 2.0-litre TSI petrol engine, clubbed with.....