Volkswagen will tweak its strategy to maintain investment momentum for developing electric and autonomous cars as it tries to make up for lost revenues caused by the coronavirus pandemic, CEO said
Volkswagen said it returned to profit in third quarter thanks to cost discipline and a rebound in sales led by China after the lifting of the severe restrictions in the early phase of the pandemic
The recall covers certain cars from the 2016 through 2018 model years
Volkswagen Passenger Cars India on Thursday said it has appointed Ashish Gupta as Brand Director for the Indian operations with effect from November 1. Gupta succeeds Steffen Knapp, who had been leading the Indian operations since August 2017. "Completing his tenure as the Director for the Indian operations, effective November 1, 2020, Knapp will be succeeded by Ashish Gupta, currently head of Sales Operations at Volkswagen Passenger Cars India," the automaker said in a statement. During his tenure, Knapp relentlessly worked towards strengthening brand Volkswagen in India, it added. Knapp significantly contributed towards redefining the brand positioning for India, improving the sales and after-sales service operations, building a strong and profitable network, and laid the foundation for a unique Volkswagen customer experience, the company said. He will be moving to a new international assignment within the Volkswagen Group, it added.
The review could result in technology partnerships for the high-performance sports car and superbike brands
The Czech carmaker Skoda Auto, which is leading the revival of the Volkswagen group in India, is however facing delays in its planned network expansion in India
Winterkorn resigned from Volkswagen days after the U.S. Environmental Protection Agency announced a notice of violation on Sept. 18, 2015.
Volkswagen will pay about £5.1 million in compensation and donations to atone for the persecution of former employees during Brazil's 1964-1985 military dictatorship, the carmaker said
The government needs to listen to business
The maker of VW and Audi brand cars sold 2 billion euros ($2.4 billion) of green bonds divided between eight-year and 12-year tranches
Volkswagen said Monday that it has completed supervision by an independent monitor imposed as part of the company's plea agreement with the US Justice Department in its diesel emissions scandal
The former chief executive officer and other managers were charged last year with equipping vehicles sold to customers with a so-called defeat device
VW's modular electric-drive matrix platform gives the carmaker a "huge" advantage," as it can build any vehicle of any brand on it, Osterloh said
Volkswagen sees no need for a 4-day week at its plants to secure jobs despite a growing shift to electric cars that are easier to build and require fewer workers, the head of labour relations said
Powered by a 1.5 litre petrol engine that is as refined as punchy, the T-Roc's German pedigree is evident from the interiors, which, without the VW logo, would be easily at home in a pricier car
The Polo GT trim is priced at Rs 9.67 lakh while Vento Highline Plus variant is tagged at Rs 12.99 lakh (ex-showroom)
From the HQ, the clear message is that we have been affected by the Covid-19 situation and we posted our first-ever loss of almost a billion euros
According to the Fortune, this year, Global 500 companies employ 69.9 million people. Check out the list to know more
Volkswagen cut its dividend proposal for 2019 to 4.80 euros per ordinary share
March and April were the cruellest for automakers because of a nationwide lockdown. As economic begins to pick up, Surajeet Das Gupta explains how automakers can get business in these uncertain times