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Wednesday, October 16, 2019

Tag: Volkswagen

Volkswagen is said to consider a Lamborghini IPO or sale

Investors have long urged Volkswagen to free up assets.

Volkswagen faces first mammoth diesel lawsuit on home turf

Around 450,000 people have joined a first-of-its-kind grouped proceeding, introduced in 2015 after the 'dieselgate' emissions cheating scandal.

VW in US$8 bil software revamp as tech shift expands

Volkswagen will cut its labour force across the traditional car making business, as the company moves into electric and connected-car shift.

VW to unveil its first fully EV car at Frankfurt Motor...

Despite Volkswagen opening pre-booking for the ID.3 back in May, the EV has yet to have its vaporwave wraps taken off.

Remembering ‘Mr Volkswagen’, Ferdinand Piech

Under Ferdinand Piech's leadership, VW emphasised engineering brilliance ahead of profits, and went on an expansion spree.

Volkswagen’s ex-boss Piech dies aged 82

Ferdinand Piech has been credited with the Volkswagen's rise from the brink of bankruptcy to world leader status.

Volkswagen not interested in buying Tesla stake

The speculation about buying a stake in Tesla is without merit, a Volkswagen spokesman says.

Seoul to fine Volkswagen over ‘illicit’ emissions devices

Volkswagen and Porsche face about RM39 million fine for installing 'illicit devices' that helped diesel vehicles cheat pollution standards.

Automakers to get 10-year tax breaks for Ghana plants

Volkswagen and Nissan would soon set up auto-assembly plants when Ghana signs off the 10-year tax break deal.

Automakers reach emissions deal with California, in rebuff to Trump

The deal was negotiated in secret and envisages reducing greenhouse gas emissions by 3.7% each year from 2022 through 2026.

VW to invest in Ford-backed Argo AI at US$7 bil

Part of its US$7 billion investment in Agro Al, Volkswagen has already unfolded its Audi division’s Autonomous Intelligent Driving unit into Agro.

Last Volkswagen Beetle drives into the sunset

The final units of the retro, rounded compact will be sold on Amazon.com in a move symbolising Volkswagen's embrace of the future.

BMW boss Krueger to step down in 2020

The Supervisory Board will discuss BMW's future CEO as Harald Krueger steps down.

Volkswagen values truck unit at up to US$18.6 bln in IPO

The base offer will be 50 million shares with a possible over-allotment of as many as 7.5 million shares.

VW says cooperation talks with Ford ‘close to completion’

Volkswagen and Ford's co-operation on the electric vehicle platform is now close to completion and could be a success.

VW to cut as many as 4,000 jobs as part of...

While Volkswagen may cut 4,000 general and administration jobs in Germany, it will add 2,000 IT positions as it transforms digitally.

VW, Fiat hit as European shares slump on Trump’s Mexico tariffs

Volkswagen and Fiat Chrysler is also affected by global trade tensions as President Donald Trump promises tariffs on Mexican imports.

6 fakta Volkswagen Beetle anda perlu tahu

Volkswagen Beetle menghentikan sepenuh pengeluarannya tahun ini, bagi peminat yang mahukan kereta ini perlu segera beli.

Volkswagen sells out one-third of new electric model in 24 hours

Customers who ordered Volkswagen’s special edition car will also get a year’s worth of free charging.

VW shrugs off 1 bln euro legal hit with higher SUV...

Volkswagen earnings before interest and taxes fell to 3.9 billion euros from 4.2 billion a year earlier, but sales of higher-margin sports utility vehicles helped it ignore a 1 billion euro legal charge.

Pusat servis Volkswagen di Selayang tutup operasi

Beroperasi sejak Disember 2015, ia ditutup dan digantikan dengan pusat servis Proton.

Volkswagen 4S centre in Selayang has just closed down

Workers have been seen dismantling the Volkswagen signage and installing a new Proton sign in its place.

German prosecutors charge ex-VW boss with fraud

Winterkorn was CEO during a period when VW fitted 11 million diesel-powered vehicles worldwide with so-called 'defeat devices'.

FA Wagen Volkswagen showroom in PJ closed for good

A spokesperson says the low business volume and slowing market sentiment had forced their business to close down.