Volkswagen AG VZO O.N. (VOWG_p)

Volkswagen’s software unit to be streamlined, Cariad head tells FAZ

BERLIN (Reuters) – Volkswagen’s software unit Cariad will be streamlined in efforts to step up the pace of software development, Dirk Hilgenberg, the head of the unit, told the...

Volkswagen CEO says German economy needs China – Spiegel

BERLIN (Reuters) – Inflation would spiral even further in Germany if it weren’t for business with China, Volkswagen Chief Executive Herbert Diess said in a media interview published on...

Brazil Volkswagen workers approve agreement for $193 million investment

SAO PAULO (Reuters) – Volkswagen Group workers at its Taubate plant, in the Brazilian state of Sao Paulo, approved on Wednesday an agreement allowing an investment of 1 billion reais...

Volkswagen CFO Reasons Why It Seeks To Pursue Porsche IPO Amid Market Volatility

Volkswagen CFO: optimistic on sales for second half of the year

MUNICH (Reuters) – Volkswagen is optimistic about the second half of the year in terms of sales, its Chief Financial Officer Arno Antlitz said on Wednesday.

Volkswagen still working on Q4 IPO for Porsche – CFO

MUNICH (Reuters) – Volkswagen is still working toward an initial public offering for its Porsche unit in the fourth quarter, the German carmaker’s finance chief said at the Reuters...

The Wall Street Journal: Volkswagen close to selling stake in its U.S. EV recharging business to Siemens

Volkswagen AG, maker of the iconic Porsche sports car, is close to selling a minority stake in its U.S. electric vehicle recharging business to an arm of Siemens AG, a deal that would value...

Volkswagen Nears Deal to Sell Stake in Electrify America to Siemens

The transaction would value the electric-vehicle charging business at more than $2 billion.

10 most-listed used car variants in South Africa with price and mileage

The rising cost of new cars and the related stock delays has South Africans looking to the used car market to find their next vehicle, and in turn the demand is driving up the average...

Volkswagen to cut working hours, wages in Brazil as parts shortage deepens

SAO PAULO (Reuters) – Volkswagen AG is set to cut working hours and wages at its Sao Bernardo do Campo factory in Brazil as it grapples with a lack of auto parts and electronic...

US Car Companies Face Volkswagen Onslaught

Volkswagen may end up as the global EV leader, edging ahead of Tesla and outpacing the balance of the industry.

Volkswagen CEO questions whether Apple plans to produce cars

BERLIN (Reuters) – Volkswagen CEO Herbert Diess said on Wednesday he was not sure Apple planned to produce cars but that the California-based company certainly wanted to provide software...

Volkswagen CEO says optimistic about meeting China target in 2022

DOHA (Reuters) – Germany’s Volkswagen is optimistic that the carmaker can meet its 2022 targets in China despite COVID-19 lockdowns, its chief executive said on Wednesday.

Volkswagen Should Rethink China Presence, Says Union Leader

The call is the latest salvo in a growing campaign to force the car maker to shut down a factory in Xinjiang, which has become the central focus for critics of its heavy reliance on China as...

Volkswagen to pay $80m over skewed Porsche fuel tests

VW has been plagued by cheating scandals for most of this century.

Volkswagen asks for more time in Brazil human rights probe

By Victoria Waldersee BERLIN (Reuters) – Volkswagen asked for more time to review reports alleging human rights violations tantamount to “modern slavery” on a farm it owned in Brazil...

Volkswagen-led consortium obtains 87.38% of Europcar shares in takeover bid

BERLIN (Reuters) – Volkswagen-led consortium Green Mobility Holdings has acquired 87.38% of France’s Europcar, enough to give it control over the car rental group but below its targeted...

News24.com | Brazil 'confident' Volkswagen will pay slave-labour damages

Volkswagen appeared Tuesday before a hearing with Brazilian prosecutors to answer to allegations of human-rights violations at a farm the German auto giant ran during Brazil's military...

Volkswagen moves to cut water use in South Africa

The Volkswagen Group South Africa (VWSA) has announced two projects to dramatically reduce the environmental footprint of its Kariega plant in the Eastern Cape.

Most factories in Shanghai resume work as Covid controls ease, ministry says

Factories in two of economic hubs have mostly resumed work as the impact of Covid subsides, said China's Ministry of Industry and Information Technology.

BYD is selling so many electric cars it's become one of the top three automakers in China

BYD's growing sales for various models have helped the company climb into the ranks of the top three brands in China by passenger car sales so far this year.

Latest Shanghai quarantines add more pressure to global supply chain

The latest mass quarantine measures in Shanghai, including highway closures, severely affected trucks carrying exports bound for the city's port.

QuantumScape promised a revolutionary EV battery. Here's why investors are still waiting

A run in QuantumScape's stock at the end of 2020 gave the solid-state battery maker a $54 billion valuation. But the hype appears to have all but dried up.

Volkswagen offers pay-offs for employees who quit major Russia plant – paper

(Reuters) – Volkswagen is offering pay-offs to employees at one of the company’s two plants in Russia if they agree to quit voluntarily, the Kommersant newspaper said on Thursday.

Volkswagen ‘actively’ looking to build new EV, battery facility in U.S.- CNBC

(Reuters) – Volkswagen AG is “actively” looking to build new assembly and battery facilities in the U.S., Scott Keogh, Chief Executive Officer of the German company’s North American...

Volkswagen is 'actively' looking to build new electric vehicle and battery facilities in the U.S., exec says

Volkswagen is "actively" looking to establish new assembly and battery facilities in the U.S., Volkswagen of America CEO Scott Keogh told CNBC on Wednesday.

Volkswagen’s Taigo SUV range gets official local pricing

Mark it in your calendars, folks – Volkswagen’s Taigo SUV range is officially coming to South African Volkswagen dealers this Monday, 6 June. And if you’re wondering just how badly this is...

Volkswagen to strengthen engagement in China, promises no forced labour at plants – RTL

BERLIN (Reuters) – Volkswagen will strengthen its relationship to China and can guarantee that the company does not employ any forced labour in the country, the carmaker’s chief...

Volkswagen’s race with Tesla will be tight, Diess says

BERLIN (Reuters) – Tesla works at twice the industry pace in many processes but still needs to ramp up highly complex factories and find qualified workers to win the electric vehicle...