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VOLKSWAGEN PAYMENTS
Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ireCar companies are booking billions in expected tariff refunds. This move boosts their first-quarter profits on paper. However, automakers r...- India hunts for back taxes as world grapples with tariffsPresident Trump plans new tariffs on cars, aluminum, and pharmaceuticals. India pursues foreign companies like Samsung and Volkswagen for b...
- How Volkswagen bumped into a $1.4 billion problem in IndiaVolkswagen is facing a $1.4 bn tax dispute with the Indian government over alleged import tax evasion for its car parts. The company claims...
- Volkswagen sues India to quash 'enormous' $1.4 bn tax demand, legal filing showsVolkswagen has challenged a $1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi's car part import taxation rule...
- VW managers to get 10% pay cut in plan to slash bonuses, German newspaper reportsVolkswagen managers will face a two-year 10% pay cut due to reduced bonuses, as part of a deal with unions to cut jobs and production. The ...
- Volkswagen, union extend crunch talks over plant closures and pay cutsVolkswagen and its labor union are locked in intense negotiations to avert plant closures and pay cuts. Progress has been made, but a deal ...
- Volkswagen India unit faces $1.4 billion tax evasion noticeIndia has accused Volkswagen of evading $1.4 bn in taxes by misclassifying car component imports as individual parts. This allowed Volkswag...
- Volkswagen weighs wage cuts, bonus reductions in push to save 4 billion euros - HandelsblattVolkswagen is considering significant cost-cutting measures, including a 10% wage cut and a two-year wage freeze, to save 4 billion euros. ...
- Volkswagen powers up the grid to take on TeslaVolkswagen plans to double staff numbers at its charging and energy division, roll out new payment technology next year and strike more all...
- Volkswagen powers up the grid to take on TeslaUnderlining its electric ambition, Volkswagen has drafted in power industry veteran Elke Temme, who spent nearly two decades at German ener...
- JPMorgan to buy majority stake in Volkswagen's payments businessThe U.S. bank has agreed to buy close to 75% of Volkswagen Payments S.A. for an undisclosed sum, subject to regulatory approvals.
- JPMorgan to acquire majority stake in Volkswagen's payments businessJPMorgan has agreed to buy close to 75% of Volkswagen Payments for an undisclosed sum. The US bank said it plans to invest in and rebrand t...
- Former Volkswagen CEO Martin Winterkorn to pay firm $13 million over diesel scandalWinterkorn's payment is his share of an overall 288 million-euro settlement with Volkswagen by him and three other former managers. Volkswa...
- Volkswagen to get $351 million in dieselgate settlement with former executivesThe settlement came on the same day that Berlin prosecutors charged Winterkorn with giving false testimony to the German parliament when he...
- Volkswagen clinches wage deal with Germany's IG Metall unionThe deal with IG Metall, struck after 14 hours of negotiations in what was the fifth round of talks, will see salaries rise by 2.3% from Ja...
- Volkswagen India introduces leasing, flexible financing options to drive sales amid COVID-19Volkswagen India on Wednesday introduced leasing options and flexible financing instruments for purchase of its vehicles with an aim to dri...
- ITAT wants Volkswagen to pay taxes for a six-year-old deal with Nicolas CageSix years later a tax tribunal has ruled that the payment of $440,000 by Volkswagen Finance, a Volkswagen arm in India, for the celebrity a...
- Sebi proposes plugging a loophole in MF transactionsIf you have been reading any investing-related news recently, you would probably guess — correctly — that this effort of the regulator is a...
- Volkswagen settles Australia emissions cheating scandalIt was revealed in 2015 that more than 97,000 VW vehicles in Australia were fitted with technology that was designed to cheat emissions tes...
- Volkswagen awards top management 63.24 million euros in remunerationThe company withheld part of bonus payments but will award them at a later date if certain performance criteria are fulfilled, including a ...
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