volkswagen News Updates

BusinessEquipment

Volkswagen Management Tumult Spills Over to Truck Subsidiary

Volkswagen AG’s series of executive shakeups is reaching its commercial-vehicle operations, with the surprise departure of Traton SE’s chief and other managers highlighting friction over restructuring plans that were jolted by the COVID-19 pandemic.

July 10, 2020
GovernmentBusinessFuel

Volkswagen Risks Diesel Claims Across EU After Court Ruling

Volkswagen AG vehicle owners can sue the carmaker over diesel-emission manipulation anywhere in the European Union, the bloc’s top court said in its first ruling on the scandal.

July 9, 2020
BusinessTechnologyFuelTCA

Volkswagen, Battery Firm Eye Pilot Plant for Electric SUV Production

Volkswagen has boosted its stake by $200 million in a San Jose, Calif., company that targets solid state battery technology, and the two partners are looking at setting up a pilot plant.

June 17, 2020
Business

VW Board Backs CEO to Ease Tensions After Turmoil

Volkswagen AG’s supervisory board accepted an apology from CEO Herbert Diess, with the unusual public statement reflecting the tension caused by an internal dust-up.

June 9, 2020
Business

Volkswagen CEO Herbert Diess Giving Up Managing VW Brand

Herbert Diess, CEO of Volkswagen, ceded direct control of the German company’s main passenger car brand after clashing with labor unions over production issues affecting two key models.

June 8, 2020
BusinessTechnologyAutonomous

Self-Driving Startup Argo Completes $2.6 Billion Tie-Up With VW

Argo AI, the self-driving startup tightly aligned with Ford Motor Co., completed an expected tie-up with Volkswagen AG involving a $2.6 billion investment from the German automaker.

June 2, 2020
BusinessTechnologyFuelAutonomousTCA

Report Projects Volkswagen to Be First to Profit From Manufacturing Electric Vehicles

A new report picks Volkswagen as the first incumbent global carmaker to make money selling electric vehicles, with profits expected to arrive by 2022.

March 12, 2020
Business

VW to Start Search for New CFO

Volkswagen AG Chief Financial Officer Frank Witter is set to leave by the middle of next year after the carmaker agreed not to extend his contract by the customary five-year period, according to people familiar with the matter.

February 20, 2020
BusinessSafety

Volkswagen Postpones Restart of China Joint Venture Production

Volkswagen AG has postponed the resumption of production at its China joint ventures in the latest sign of the coronavirus’ impact on economic activity.

February 10, 2020
BusinessTechnologyBreaking News

Volkswagen's Traton Unit Submits Buyout Offer for Navistar

Navistar International Corp. said it has received an unsolicited buyout offer from its European truck partner Traton SE — which is owned by Germany’s Volkswagen AG — in a $35 per share cash offer.

January 30, 2020

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