Volkswagen AG鈥檚 supervisory board plans to discuss and possibly approve next steps toward expanding an alliance with Ford Motor Co. when it meets in two weeks, according to people familiar with the matter.
June 26, 2019volkswagen News Updates
VW Board Puts Ford Alliance on Agenda for July Meeting
VW Steps Up Software Push With Own Operating System
Volkswagen AG is stepping up the pace of its digital transformation with a plan to pool some 5,000 digital experts into a single unit that will develop 鈥渧w.os,鈥 a uniform software operating system across all new models.
June 18, 2019VW鈥檚 $18.6 Billion Truck IPO to Test CEO鈥檚 Overhaul Plan
Volkswagen AG valued its heavy-trucks business at as much as $18.6 billion in a planned initial public offering that will test CEO Herbert Diess鈥 ambition of overhauling the carmaking behemoth.
June 14, 2019VW Brand to Trim as Many as 4,000 Jobs Amid Digital Overhaul
Volkswagen AG鈥檚 main car brand will let lapse as many as 4,000 general and administrative jobs while adding at least 2,000 IT positions over the next four years, avoiding layoffs at its German factories as it negotiates a major shift toward electrification and self-driving cars.
June 5, 2019VW Joins BMW in Testing Self-Driving Cars on German City Streets
Volkswagen AG has started testing five electric and highly-automated versions of its Golf compact cars on the streets of Hamburg, Germany.
April 3, 2019Chattanooga VW Will Source EV Batteries From New Georgia Factory
Volkswagen鈥檚 Chattanooga, Tenn., electric vehicle assembly plant will use batteries produced at a $1.67 billion factory in Georgia.
March 20, 2019VW Sued by SEC for Misleading Bondholders on Diesel Cheating
Volkswagen AG and its former CEO were sued by the U.S. Securities and Exchange Commission over claims they failed to disclose to investors that diesel vehicles violated emissions standards, the latest twist in a software cheating scandal that already has cost the company more than $30 billion.
March 15, 2019VW to Cut Jobs, Costs in Transition to Electric, Autonomous Cars
Volkswagen AG鈥檚 main car brand plans to deepen cost cuts and ax more jobs as profits slip in the industry鈥檚 shift to electric and self-driving cars.
March 13, 2019VW Boosts EV Push to 22 Million Cars as Porsche, Audi Slip
Volkswagen AG aims to produce almost 50% more electric cars than it targeted previously, boosting a bet that has already strained profit margins.
March 12, 2019VW Targets Carbon-Neutral Production for First Electric Car
Volkswagen AG plans to save 1 million tons of carbon-dioxide emissions a year by making production of its first electric model carbon neutral, part of an effort to clean up its image in the aftermath of the diesel-cheating scandal.
February 15, 2019Follow Us
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