volkswagen News Updates

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VW to Roll Out Electric Trucks, Buses in $1.7 Billion Project

Volkswagen AG is flanking its push into electric cars with plans to roll out battery-powered commercial vehicles targeted at urban areas as growing public concerns about air quality boost demand.

October 11, 2017
GovernmentBusinessEquipment

Volkswagen’s Scania Fined $1.03 Billion by European Union for Price Fixing

Volkswagen AG’s tarnished reputation suffered another blow after its Scania unit was slapped with a 880.5 million euro ($1.03 billion) fine for fixing truck prices, a year after other members of the cartel reached a record settlement with the European Union.

September 27, 2017
Business

Volkswagen Trucks Division Targets Strong Profitability Gain in 2017

Volkswagen's truck division aims to significantly increase its profitability this year as deepening cooperation between the MAN and Scania brands and improving overseas markets spur business, the company said March 20.

March 20, 2017
Business

Navistar, Volkswagen Seal $256 Million Alliance Deal

NASHVILLE, Tenn. — Navistar International Corp. and Volkswagen’s Truck & Bus division completed their alliance announced in September, with the German automotive company acquiring 16.2 million common shares, or 16.6% of equity, and the Lisle, Illinois, truck maker getting $256 million.

March 1, 2017
Business

Heavy-Duty Diesel, Natural-Gas Engine Advocates Vie for Share of VW Emissions Settlement

Advocates of heavy-duty engines powered by diesel or natural gas are separately vying for a share of the windfall directed at nitrogen oxide mitigation in all 50 states after recent judicial approval of the federal government’s multibillion-dollar settlement with Volkswagen AG.

November 8, 2016
Business

VW-Navistar Deal to Yield New Engine Platform for 2021

HANOVER, Germany — The recently announced Volkswagen-Navistar deal will yield a new North American engine platform for 2021, the top executives with both companies said here.

October 3, 2016
Business

Volkswagen Trucks Unit Allocates Development Projects Within Scania, MAN

Volkswagen AG’s heavy-truck business assigned development of components for its largest vehicles to Swedish brand Scania, while MAN will be in charge of mid-sized and smaller models to reduce costs by eliminating duplicated work.

September 28, 2016
Business

Volkswagen’s MAN Plans 1,400 Job Cuts as Turbo-Engine Division Reorganized

MAN SE, the German truck-making arm of Volkswagen AG, plans to cut 1,400 jobs at its diesel-engine unit in an attempt to reverse a drop in earnings in that division

September 23, 2016
Business

Volkswagen Shows Off Electric Commercial Van Concept

Volkswagen Commercial Vehicles debuted its electric e-Crafter concept van Sept. 21, with a range of about 124 miles and designed for urban deliveries.

September 22, 2016
Business

VW Truck Unit to Expand Global Presence After Navistar Deal

Volkswagen AG’s heavy-truck unit will continue to expand its global presence after striking a deal to buy a stake in U.S. peer Navistar International Corp., as the European manufacturer readies for technological change including rollouts of all-electric vehicles.

September 20, 2016