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December 11, 2019
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Volkswagen charged with violating vehicle emission standards in Canada

Reuters
FILE PHOTO: The logo of Volkswagen is pictured at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Lucy Nicholson (Reuters) – German automaker Volkswagen AG (VOWG_p.DE) on Monday was charged with importing nearly 128,000 vehicles into Canada contravening the country’s environmental legislation, a Canadian government agency...
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VW’s German plants need to shape up, says production chief

Reuters
FILE PHOTO: A worker makes final checks on an e-Golf electric car at the new production line of the Transparent Factory of German carmaker Volkswagen in Dresden, Germany, March 30, 2017. REUTERS/Fabrizio Bensch/File Photo BERLIN (Reuters) – Volkswagen’s (VOWG_p.DE) German plants need to boost efficiency to match overseas operations, production...
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British VW drivers launch ‘dieselgate’ case in High Court

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LONDON (Reuters) – Tens of thousands of British drivers on Monday accused Volkswagen (VOWG_p.DE) of fitting devices to cheat clean air laws at the start of the country’s biggest class action lawsuit brought to tackle “dieselgate”. FILE PHOTO: The VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer/File Photo...
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VW’s Audi to cut one in ten jobs to fund shift to electric vehicles

Reuters
HAMBURG/MUNICH (Reuters) – Volkswagen’s (VOWG_p.DE) luxury car unit Audi (NSUG.DE) on Tuesday said it would cut one in ten jobs, freeing up billions of euros to fund its shift toward electric vehicle production. Carmakers are struggling with an auto industry downturn, particularly in key market China, and the need to...
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VW sees mild growth for China auto market over next three to four years

Reuters
GUANGZHOU, China/SHANGHAI (Reuters) – Volkswagen AG (VOWG_p.DE), the top foreign automaker in China, said on Thursday it expects the world’s biggest passenger car market to stabilize next year with low growth levels likely for three to four years. Stephan Wollenstein, chief executive officer of Volkswagen Group China, poses for a...
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VW CEO says new ID.3 car 40% cheaper to build than electric Golf

Reuters
Employees work at a production line of a a new electric Volkswagen model ID.3 in Zwickau, Germany, November 4, 2019. REUTERS/Matthias Rietschel FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) new ID.3 electric vehicle will be 40% cheaper to build than the electric version of its Golf model, Chief Executive Herbert Diess told...
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Volkswagen installs BMW executive as new Audi chief

Reuters
Markus Duesmann, board member of German luxury carmaker BMW attends the company’s annual news conference in Munich, Germany, March 21, 2018. REUTERS/Michael Dalder FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) on Friday said former BMW (BMWG.DE) executive Markus Duesmann will take over as head of Audi as of April 1, 2020. Volkswagen...
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Volkswagen’s Shanghai EV plant with SAIC has started trial production: VW CEO

Reuters
A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer SHANGHAI (Reuters) – Trial production has started at Volkswagen AG’s (VW) (VOWG_p.DE) and SAIC Motor Corp Ltd’s (600104.SS) $2.5 billion electric vehicle (EV) factory in Shanghai, VW’s chief executive...
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Volkswagen CEO says SAIC VW plant in Shanghai starts trial production

Reuters
A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer SHANGHAI (Reuters) – Volkswagen (VOWG_p.DE) and SAIC Motor Corp’s (600104.SS) $2.5 billion new energy vehicle plant in Shanghai has started trial production, Volkswagen’s CEO Herbert Diess said on Friday....
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Volkswagen brings electric cars to Rwanda for ride-hailing service

Reuters
KIGALI (Reuters) – Volkswagen (VOWG_p.DE) is importing a batch of electric powered Golf models into Rwanda for a local ride-hailing service, establishing a bridgehead in the country that it hopes to expand to other nations as it seeks to increase market share globally. A Volkswagen e-Golf electric car is seen...
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VW ramps up China electric car factories, taking aim at Tesla

Reuters
FRANKFURT/ZWICKAU (Reuters) – Volkswagen AG (VOWG_p.DE) is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground. An automated body welding line for electric...
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Volkswagen mulling sale or stock listing for Lamborghini: Bloomberg

Reuters
FILE PHOTO: A Lamborghini logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy (Reuters) – Volkswagen (VOWG_p.DE) is looking at options for its luxury brand Lamborghini, including a sale or stock listing, Bloomberg reported on Friday, citing people familiar with the...
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Court strikes down ruling forcing Volkswagen to pay Czech customers damages: report

Reuters
FILE PHOTO: A new logo of German carmaker Volkswagen at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer/File Photo PRAGUE (Reuters) – The Prague City Court ruled on Thursday to invalidate an order for Volkswagen (VOWG_p.DE) to pay Czech customers more than 500 million crowns ($21.27 million)...
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Volkswagen rejects judge’s call to settle German class action on emissions

Reuters
BRUNSWICK, Germany (Reuters) – Volkswagen (VOWG_p.DE) on Monday rejected a German judge’s call to settle a customer class action lawsuit over its rigging of diesel emissions tests, saying there was no case to answer. VW admitted using illegal software to cheat U.S. diesel engine tests in 2015, a scandal which...

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