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Monday, July 22, 2019

Tag: Volkswagen

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.

Volkswagen CEO plots major China push as trouble looms at home

The country is expanding its role as a production hub and VW will also allocate more research and development operations to China.

VW unveils Apple-skinned SUV challenger to Tesla’s Model X

Wolfsburg is fighting to keep profits from sliding as it invests an unprecedented spending of €30 billion (US$34 billion) to roll out the industry’s largest fleet of electric vehicles.

SK Innovation in talks to set up EV battery plants

The talks come as EV battery makers boost capacity to cope with fast-growing demand.

Volkswagen eyes big stake in China partner JAC Motor

The German car giant's plans are at an early stage but it is keen to take a big stake.

Volkswagen testing full autonomous driving in city center traffic

In the trunk of each test car is the processing power of 15 laptops, allowing up to 5 gigabytes of data to be communicated every minute during each test.

‘BMW, Daimler, VW broke antitrust rules’

The EU said the three automotive giants had meetings to rig competition in emissions technology.

VW sued by SEC for misleading bondholders on diesel cheating

Volkswagen sued for selling billons of dollars of corporate bonds and asset backed securities in the US while concealing its emissions-cheating scheme.

Volkswagen CEO apologizes for phrase similar to Nazi slogan

The comments are all the more unfortunate considering Volkswagen’s history.

Volkswagen to cut up to 7,000 jobs at VW

The job cuts will be part of a savings drive aimed at slashing costs by 5.9 billion euros per year by 2023.

Volkswagen shows off 2 new e-scooters

Wolfsburg is jumping on the electric micro mobility bandwagon with 2 funky new scooter concepts, the Cityskater and the Streetmate.