The German carmaker Volkswagen has clawed back the lead in domestic electric car sales from US competitor Tesla. However, both auto brands finished well ahead of their third place market rival.
German car giant Volkswagen has chosen Canada to build its first battery plant outside Europe to localize its electric vehicle production chain in the region.
Volkswagen plans to invest 180 billion euros ($192.76 billion) over the next five years in areas including battery production and its North American operations, it said on Tuesday (March 14), with spending on combustion engines to fall from 2025.
4 Sep 2022
Porsche CEO Oliver Blume has begun his dual role as the head of Volkswagen. Blume is taking over at a sensitive time for the German carmaker, as it tries to pull off a shift to electric vehicles.
23 Jul 2022
Diess will be succeeded in his role by Porsche boss Oliver Blume, according to the carmaker.
30 May 2022
The German car giant has claimed its presence in Xinjiang has a positive impact despite reports of ongoing human rights abuses. VW is also facing accusations of using slave labor in Brazil under the former dictatorship.
15 Jul 2021
Owners of VW cars in the Netherlands will be entitled to compensation of between €1,500 and €3,000 over the diesel emissions scandal, an Amsterdam court ruled.
28 Jun 2021
The German automobile giant has now set a timeline for its exit from combustion engine cars. The changes will affect Europe first, with the US and China to follow "a little later."
27 Mar 2021
The auto group says past executives breached their "duty of care." Both ex-Volkswagen and Audi CEOs, Martin Winterkorn and Rupert Stadler, have rejected the accusations.
9 Sep 2020
The German automobile maker has expressed grave concerns over the use of Nazi imagery by a Mexican distributor. Volkswagen said it "strongly" disapproved of showing such images at affiliated facilities.
31 Jul 2020
Nearly 50 hours of secretly recorded conversations appear to show Volkswagen engaging in legally dubious behavior in a dispute with a supplier. Now the carmaker is investigating who released them to the media.
30 Nov 2019
VW is under pressure for working with the Chinese government in Xinjiang after evidence of human rights abuses against Uighurs in the region. Meanwhile, the German and US governments urged China to uphold human rights.