Volkswagen accused of using slave labor
Brazil is one of VW's most critical foreign bases. The company's past in the country is blighted by decades of human rights abuses and exploitation.…
VW settles Australia suit over ‘dieselgate’ scandal
Volkswagen has agreed to pay out millions over a class-action suit brought by about 100,000 Australian consumers. The company has paid billions to US and Canadian consumers and faces a second Australian…
VW’s Ferdinand Piech dies at age 82
The man who built Volkswagen into the world’s largest carmaker has died at age 82. Ferdinand Piech became CEO of struggling VW in the 1990s and he successfully returned the automaker to…
Amazon delivers Volkswagen’s ‘Final Edition’ Beetles
The iconic car rolled off the assembly line in July 2019 after more than two decades since its relaunch. There are only 65 'Final Edition' Beetles available, and they can only be…
UK bans ads over gender stereotypes in landmark ruling
Adverts by cream cheese maker Philadelphia and car giant Volkswagen will no longer appear on UK television, the agency ruled. But both companies have insisted their adverts did not involve sexist tropes.…
Ford’s Argo AI self-driving cars roam the streets of Detroit in test
Argo AI, Ford’s partner in developing its self-driving system (SDS), launches test drives of its third generation of development prototypes in Detroit. Volkswagen and Ford have announced a $7 billion collaboration on…
Tennessee Volkswagen workers reject unionization
Factory workers at a Volkswagen plant in Tennessee have voted against unionizing. The vote dealt a blow to UAW efforts to gain a foothold among foreign auto facilities in the southern part…
Volkswagen is ‘Tremendously Undervalued’ as a company, says CFO
Frank Witter, chief financial officer at Volkswagen, discusses the importance of China to his business, how a U.S.-China trade agreement would impact the company, enlarging their footprint in the U.S., expansion in…
BMW joins VW in predicting China sales growth
MW joins Volkswagen in predicting China sales growth for the year. Nicolas Peter, chief financial officer at BMW, told Bloomberg's Tom Mackenzie exclusively that the carmaker expects 5-10% growth for its China…
Twilight of combustion engine comes for Germany
We may be witnessing the end of the internal combustion engine. As more and more consumers and investors make the shift to electric vehicles, will Germany’s auto makers be able to adapt…
Volkswagen announces up to 7,000 job cuts
Despite high profits in 2018, Volkswagen has announced heavy job cuts. The company has said it would reinvest the money into developing electric vehicles.…