volkswagen News Updates

GovernmentBusinessEquipment

Court Rejects VW’s Plan to Fix Engines With Software Update

Volkswagen AG lost another lawsuit in a German court over its software fix for engines in the wake of the diesel scandal that tarnished the reputation of Europe’s biggest carmaker.

January 17, 2024
BusinessEquipment

Volkswagen Tells Workers to Brace for Job Cuts

Volkswagen AG signaled it’s willing to push for job cuts at its namesake brand to reduce expenses and improve profitability.

November 27, 2023
GovernmentBusinessTechnologyFuel

Canada Matches US Subsidies to Win VW EV Battery Plant

Canada agreed to subsidies that may top C$13 billion ($9.7 billion) over a decade to land an electric vehicle battery plant by Volkswagen AG, the company’s first gigafactory outside Europe.

April 20, 2023
BusinessLogistics

Volkswagen Misses Full-Year Cash Target After Supply Chain Woes

Volkswagen AG missed its cash-flow target for the year after supply chain and logistics disruptions in recent months left the carmaker with unsold vehicles.

February 8, 2023
BusinessTechnologyEquipment

VW Tries to Fix Electric Shift With New SUV, Factory Revamp

Volkswagen AG is overhauling its main factory in Germany to make two additional battery cars as Europe’s biggest automaker tries to get its electric shift back on track.

December 7, 2022
BusinessTechnology

Volkswagen Weighs Foxconn Partnership to Aid American EV Push

Volkswagen AG may tap Taiwan’s Foxconn Technology Group to make electric pickups and sport utility vehicles in the U.S., according to a person familiar with the matter

November 29, 2022
BusinessSafetyFuelLogistics

Fire Subsides on Cargo Ship Carrying Volkswagen EVs

LISBON, Portugal — A fire aboard a ship carrying cars in the Mid-Atlantic is dying out, a Portuguese navy officer said Feb. 22, and the huge vessel is expected to be towed to the Bahamas.

February 22, 2022
Business

VW Sales Drop to Lowest in Decade

Volkswagen AG sales dropped to the lowest in a decade last year after the global semiconductor shortage hampered the German manufacturer’s auto output.

January 12, 2022
BusinessTechnologyEquipmentFuel

VW to Spend $2.3 Billion on Battery Hub, Sets Up New Unit

Volkswagen AG will invest 2 billion euros in a planned battery hub in Germany as part of a decision to create a dedicated company for the carmaker’s battery business.

December 13, 2021
BusinessTechnologyAutonomous

VW Boosts Future Tech Spending, Enlarges Management Board

Volkswagen AG raised its five-year spending plan and overhauled its management board, seeking to catch up with Tesla Inc. and end an internal dispute over the changes needed to get there.

December 9, 2021

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