The move by VW, to buy JAC Motor is the latest step by foreign automakers to increase their stakes in their Chinese joint venture partners
The VW Group brands--- Volkswagen, SKODA, Audi, Porsche and Lamborghini, will maintain their individual identities
Volkswagen 'reaped hundreds of millions of dollars in benefit by issuing the securities at more attractive rates for the company,' the SEC said
Around 11,000 Volkswagen workers will be eligible for retirement in the coming years
Volkswagen says its cars compliant with norms, to challenge the NGT's order before Supreme Court
The green panel on November 16, 2018 had said that use of 'cheat device' by Volkswagen in diesel cars in India leads to inference of environmental damage
In the wake of the Volkswagen order, Corporate India will have to ensure strict compliance with the green tribunal's orders
The green tribunal had, last year, fined the carmaker Rs 100 crore for the presence of defeat devices in their vehicles
The case relates to health damages caused by excess emissions of nitrogen oxide (NOx), a smog-forming pollutant linked to lung and heart disease
Volkswagen had to recall hundreds of thousands of cars around the world since it admitted in September 2015 to installing illegal software in diesel engines.
Rivals Toyota Motor and Renault-Nissan-Mitsubishi have not released 2018 registration figures.
The German automaker is still grappling with a diesel emissions scandal that erupted in 2015.
IAV, which is 50 percent owned by Volkswagen, will serve two years of probation and be under the oversight of an independent monitor, the Justice Department said
Volkswagen Chattanooga develops 250,000th Passat Sedan
The paper cites a confidential presentation from the VW legal department, available to investigators in proceedings about the carmaker's alleged market manipulation
Volkswagen made a strategy shift towards battery-driven vehicles in the wake of a damaging diesel-emissions cheating scandal in 2015
Mass producing electric cars will help the carmaker reduce the cost to the same level as current diesel vehicles
The company claimed its vehicles are 'compliant' with the country's emission norms and will 'challenge' the tribunal's order
Teaming up with peers to share costs marks a strategy shift for the German manufacturer, as cooperation efforts in the past have often been bogged down by cultural differences
VW and Ford are under pressure to roll out more EVs in Europe, where emissions rules are being tightened