The fresh target comes as Volkswagen accelerates its push into electric mobility to close a gap with Tesla
Traton said the US Justice Department's external monitor related to its diesel-emissions scandal was informed of the case a year ago
Volkswagen's luxury division Porsche AG has agreed to raise its stake in Rimac Automobili to 24%, the firm said on Monday, in a deal that values the Croatian electric hypercar maker at 795 mn euros
The group also said its operating profit, stripping out special items related to the diesel scandal, fell 45% to 10.6 billion euros ($12.83 billion) last year
Brainchild of new CEO Thierre Bollore, move forms part of 'Reimagine' strategy of Tata Motors' UK arm; Britain to ban sale of gasoline and diesel cars from 2030, putting pressure on legacy carmakers
Germany's Volkswagen is not concerned by any Apple plans for a passenger vehicle that could include the iPhone maker's battery technology, its chief executive Herbert Diess said
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
China is the world's biggest autos market, and also accounts for the largest part of Volkswagen's sales.
"We won't produce chips ourselves," Markus Duesmann, Volkswagen's board member in charge of research & development and head of luxury unit Audi, told Reuters
Toyota said on Thursday its group-wide global sales fell 11.3% to 9.528 million vehicles in 2020. That compared with a 15.2% drop at Volkswagen to 9.305 million vehicles
The pandemic demand slump hit Volkswagen harder
Volkswagen faces a fine of more than $121 million for missing EU targets on carbon dioxide (CO2) emissions from its 2020 passenger car fleet, the world's largest carmaker said on Thursday
Global automakers including Ford Motor Co, Toyota Motor Corp and Nissan Motor Co Ltd have said they would cut vehicle production
Volkswagen's premium carmaker Audi aims to phase out combustion engines and offer only electric cars in 10 to 15 years, at the latest, German weekly WirtschaftsWoche reported
The recall covers Beetles from the 2012 through 2014 model years
The US International Trade Commission said it is opening in investigation into whether Volkswagen AG infringed on patents held by Jaguar Land Rover for a system used for off-road driving
Jaguar Land Rover Automotive Plc filed a complaint to block US imports of Porsche, Lamborghini, Audi and Volkswagen SUVs it says are using its patented Terrain Response technology without permission
Regulators and board directors should be sensitive to advance signals, usually manifested through behavioural aberrations before the failure
From Indians pumping nearly Rs 1 trillion into small savings schemes to Beetle becoming India's first vintage car to go electric, Business Standard brings you the top headlines of the day
Volkswagen said it would allocate nearly half its investment budget of 150 billion euros on e-mobility, hybrid cars, a seamless, software-based vehicle operating system