Tag: Volkswagen

VW says it is not scouting alternative locations to Turkey plant

Postponed a decision to build a car plant in Turkey in the wake of international criticism of the country's military operations in Syria. We...

Czech car production rises 0.7pc year-on-year in first nine months

The biggest Czech car producer, raised its domestic production by 2.5pc to 670,156 cars. Toyota Peugeot Citroen (TPCA) increased production at its Czech plant...

Volkswagen CEO says electric car shift won’t hurt margins

Volkswagen does not plan to cut its exposure to the Chinese market. Diess said the German car maker expected to sell nearly 20,000 Audi...

Volkswagen increases stockpiles of cars in Britain ahead of Brexit

The potential for a disorderly "no deal" Brexit, and concerns about future trading relations. "We have optimised inventory levels upwards to delay the impact...

Volvo, Geely to merge combustion engine operations

Volvo Cars will merge its engine development and manufacturing assets with those of parent Geely. Volvo currently builds 600,000 combustion engines, a number that...

Volkswagen registers unit in Turkey ahead of production decision

The unit will focus on designing, producing and assembling automobiles, trucks and other vehicles. Volkswagen had been looking into a possible new plant in...

Volkswagen faces first mammoth diesel lawsuit on home turf

Around 450,000 people have joined a first-of-its-kind grouped proceeding, introduced by lawmakers. VW ought to finally, properly admit that they lied. Every owner registered...

Volkswagen faces first mass diesel lawsuit on home turf

Volkswagen will face a German court Monday, as hundreds of thousands of owners of manipulated diesel cars demand compensation four years after the country's...

Volkswagen in final talks about new plant in Turkey

Volkswagen had been looking into a possible new plant in eastern Europe, with Bulgaria known to have been on the list. A deal in...

VW retains access to U.S. public sector in, gets second monitor at HQ

FRANKFURT: Volkswagen will not be excluded from public sector contracts in the United States but will instead install a second U.S. monitor at its German...