SEC sues Volkswagen, Winterkorn, citing ‘Dieselgate’ fraud on investors

WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission sued Volkswagen AG and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, accusing the company... Read more »

VW brand to cut up to 7,000 jobs in new savings drive

WOLFSBURG, Germany (Reuters) – Volkswagen will cut up to 7,000 positions, aim to boost productivity and deliver 5.9 billion euros ($6.7 billion)of annual savings at its core VW brand... Read more »

Volkswagen boss says U.S. tariffs could cost up to 2.5 billion euros: Financial Times

FILE PHOTO: Herbert Diess, Volkswagen’s new CEO, poses during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt FRANKFURT (Reuters) – The biggest threat... Read more »

Volkswagen boss says U.S. tariffs could cost up to 2.5 billion euros: Financial Times

FILE PHOTO: Herbert Diess, Volkswagen’s new CEO, poses during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt FRANKFURT (Reuters) – The biggest threat... Read more »

Small electric cars may be unaffordable for some: VW chairman to newspaper

FILE PHOTO: Hans Dieter Poetsch, Chairman of the Volkswagen’s supervisory board, speaks during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt BERLIN (Reuters)... Read more »

Volkswagen to invest $800 million, build new electric vehicle in U.S

DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) said on Monday it was investing $800 million to build a new electric vehicle at its plant in Chattanooga, Tennessee, and scheduled a... Read more »

Volkswagen to build new electric vehicle in U.S.: Tennessee governor

FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker/File Photo DETROIT... Read more »

Volkswagen delivered 10.8 million cars in 2018, eyes world No.1 spot

BERLIN (Reuters) – Volkswagen Group (VOWG_p.DE) said on Friday its passenger car deliveries rose 0.9 percent last year to a record 10.83 million, putting it neck-and-neck with Renault-Nissan-Mitsubishi in... Read more »

VW, Ford to reveal deeper alliance next week: sources

HAMBURG/DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) and Ford Motor Co (F.N) will unveil a deeper alliance next week that goes beyond cooperating in commercial vehicles in a move meant... Read more »

Exclusive: VW, Ford to unveil deeper alliance at Detroit auto show – sources

HAMBURG/DETROIT (Reuters) – Volkswagen (VOWG_p.DE) and Ford (F.N) will unveil a deeper alliance during the Detroit auto show that goes beyond cooperating in the area of commercial vehicles, two... Read more »