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VOLKSWAGEN AG
Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
Luxury cars take a backseat in India as Gulf uncertainty grips buyers, says BMWAmid rising tensions in the Gulf, BMW India is witnessing a shift in consumer behavior among its high-net-worth clients. The current geopol...
Volkswagen, top shareholder strike framework deal for Porsche IPOIn case of an initial public offering, the share capital of Porsche AG would be equally split into preferred and ordinary shares and up to ...
Skoda Auto Volkswagen appoints Berndt A Buchmann as group director for after-salesJustin Nolte, who was serving in the same capacity, has successfully completed four years of his assignment at the company and will take ov...
Elon Musk joins VW executive conference as ‘surprise guest’In a rare move by a corporate titan addressing a competitor, Tesla Inc.'s chief executive officer spoke in the video conference at the invi...
Volkswagen to seek dieselgate damages from former CEO Winterkorn and Audi boss StadlerThe German company said that following a far-reaching legal investigation it had concluded Winterkorn and Stadler had breached their duty o...
Volkswagen Finance acquires majority stake in digital lending platform KUWYThe Volkswagen Group’s financing arm had first bought a 25% equity stake in the latter in September 2019. KUWY Technology is an instant len...
Volkswagen Finance picks up 25 per cent stake in Kuwy TechnologyThe partners will also offer finance, insurance and warranty products for Volkswagen group customers on Kuwy platform.
VW fined 1 billion euro by German prosecutors over dieselgateGerman fine follows a U.S. plea agreement from January 2017, when VW agreed to pay a criminal fine of $4.3 billion to resolve criminal and ...
Volkswagen scandal won't hurt German brand, Frank Appel tells SueddeutscheFrank Appel said Volkswagen AG's diesel-cheating scandal probably won't hurt Germany's corporate brand, Sueddeutsche Zeitung cited him as s...
Volkswagen AG to complete purchase of ScaniaVolkswagen AG has enough shares to take complete ownership of Swedish truck-maker Scania and move ahead with integrating its commercial veh...
- Suzuki starts arbitration for share transfer from Volkswagen
Suzuki Motor Corporation (SMC) today said it has started arbitration proceedings at the ICC International Court in London.
- Volkswagen's 2010 profit soars to $9.4 billion
CEO Martin Winterkorn says the company in 2010 left the economic crisis fully behind and enjoyed ``the best year in the history of the Volk...
- Volkswagen Q3 earnings up sharply to $2.9 billion
German automaker Volkswagen AG says its earnings for the third quarter of 2010 have jumped on demand from China and strong sales of its Aud...
- Volkswagen's H1 profit up strongly at $2.4 bn
Volkswagen AG says its first-half net earnings surged to euro1.82 billion ($2.4 billion) as strong demand from China helped pushed sales hi...
- Volkswagen to sell 2 mln cars in China
Volkswagen AG, Europe's largest carmaker, said Tuesday it expected to be selling two million cars per year in China within the next two yea...
- Volkswagen shareholders approve issue of 135 million shares
The move aimed at ensuring greater financial flexibility prior to the company's proposed merger with Porsche AG.
- Volkswagen board moves closer to Porsche merger
German carmaker Volkswagen AG said on Friday its supervisory board had approved certain agreement contracts for the planned merger with Ger...
- Volkswagen shares soar again
Shares of Volkswagen AG rose by nearly 90 per cent on Tuesday after gaining more than 150 percent the previous day, supported by Porsche's ...
- Volkswagen, Sanyo to develop lithium-ion battery
Volkswagen AG will join forces with Japan's Sanyo Electric to develop a lithium-ion battery, a key component of hybrid and electric cars.