Volkswagen AG

The manufacturer plans to close at least three German factories, shrink all other remaining sites in the country and slash wages by 10 per cent for around 140,000 workers

But with the advent of EVs, firms like MG Motor India Pvt, the local unit of China's SAIC Motor Corp., Renault SA, Nissan Motor Co. and Volkswagen AG may finally gain a better foothold

While weathering criticism over its China presence, VW is dealing with the pressing task of stemming a slide in market share in its biggest market

Volkswagen AG is planning the initial public offering at the end of September or beginning of October, subject to further developments in capital markets

The agreement covers components of Volkswagen's open platform for electric vehicles (EVs), called MEB, to be supplied to Mahindra's new electric platform INGLO, the companies said in a joint statement

Volkswagen AG called itself an unintended victim in a battle between two battery suppliers and urged the US govt to extend a reprieve to buy batteries key to its planned USelectric vehicle production

"A motor vehicle manufacturer whose unlawfully manipulated vehicles are resold in other member states may be sued in the courts of those states," the EU Court of Justice in Luxembourg said on Thursday

It doesn't impact the US govt's investigation into misconduct by current- and ex-VW employees

German automaker to fix or buy back 83,000 Audi, Volkswagen and Porsche vehicles

Part of its agreement over about 80,000 3.0-litre diesel vehicles that emitted more than the US legal limit

German automaker has agreed to pay more than $15.3 billion in a settlement with US regulators over emission scandal