#volkswagen

7:41am, 2nd May, 2019

Volkswagen shrugs off 1 billion euro legal hit with higher SUV sales

Sales of higher-margin sports utility vehicles and cost cuts helped Volkswagen shrug off a 1 billion euro legal charge to meet first-quarter operating profit forecasts on Thursday, sending its shares 4.5 percent higher.

EU regulators charge BMW, Daimler, Volkswagen with emissions collusion

5:24am, 5th April, 2019

Business

EU regulators charge BMW, Daimler, Volkswagen with emissions collusion

EU antitrust regulators charged BMW, Daimler and Volkswagen on Friday for hindering competition on emission cleaning technology between 2006 to 2014.

Volkswagen not interested in any tie-up with Fiat Chrysler: CEO to Il Sole

2:18am, 28th March, 2019

Business

Volkswagen not interested in any tie-up with Fiat Chrysler: CEO to Il Sole

Volkswagen is not interested in a tie-up with rival Fiat Chrysler as the German carmaker's efforts were all focused internally, Chief Executive Herbert Diess told Il Sole 24 Ore and other two newspapers.

SEC sues Volkswagen, Winterkorn, citing 'Dieselgate' fraud on investors

1:20am, 15th March, 2019

Business

SEC sues Volkswagen, Winterkorn, citing 'Dieselgate' fraud on investors

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 of perpetrating a "massive fraud" on U.S. investors.

Volkswagen's emissions problems cost the carmaker 3.6 billion euros in 2018: source

10:47am, 8th March, 2019

Business

Volkswagen's emissions problems cost the carmaker 3.6 billion euros in 2018: source

Volkswagen's effort to get its fleet of cars certified according to the new WLTP emissions standard have cost the carmaker up to 3.6 billion euros ($4.04 billion) in 2018, a source familiar with the matter told Reuters.

Volkswagen could sell smaller trucks stake if markets in a spin: sources

10:38am, 25th February, 2019

Business

Volkswagen could sell smaller trucks stake if markets in a spin: sources

Volkswagen could sell a smaller stake in its Traton trucks division than expected if markets are shaken by Brexit, two sources familiar with the matter told Reuters on Monday.

German court rules Volkswagen must reimburse owner full price of car

4:29am, 23rd November, 2018

Business

German court rules Volkswagen must reimburse owner full price of car

A German court has ruled Volkswagen must reimburse the owner of a Golf the full original price of his vehicle bought in 2012, dealing a blow to the carmaker as the legal battles over its emissions cheating scandal drag on.

Volkswagen's Porsche drops diesel in electric car push

9:17am, 23rd September, 2018

Business

Volkswagen's Porsche drops diesel in electric car push

Volkswagen's Porsche will stop offering diesel versions of its cars, the unit said on Sunday, sharpening its focus on hybrid and battery-powered vehicles instead.

Volkswagen to end production of the Beetle next year

5:37pm, 13th September, 2018

Business

Volkswagen to end production of the Beetle next year

Volkswagen said on Thursday it would stop producing its Beetle compact car in 2019, ending a model that looked backward to the 1960s counterculture as the automaker prepares for a leap toward a future of mass-market electric cars.

Volkswagen emissions manipulation also extended to petrol cars: Bild am Sonntag

5:10am, 2nd September, 2018

Business

Volkswagen emissions manipulation also extended to petrol cars: Bild am Sonntag

Volkswagen engineers have told investigators that certain petrol engines in VW, Audi and Porsche vehicles can be used to manipulate emissions tests, Sunday paper Bild am Sonntag said.

5:13am, 31st July, 2018

Business

Volkswagen names company veteran as VW brand COO

Volkswagen Chief Executive Herbert Diess named company veteran Ralf Brandstaetter as Chief Operating Officer of its core VW brand as part of a broader push to renew the carmaker's senior management and strategy.

Volkswagen says BMW purchasing chief Duesmann to join board

2:15am, 24th July, 2018

Business

Volkswagen says BMW purchasing chief Duesmann to join board

Volkswagen said on Tuesday it has hired Markus Duesmann, head of purchasing and supplier network at rival BMW , as a member of its management team.

U.S. appeals court upholds Volkswagen's $10 billion diesel settlement

11:20am, 9th July, 2018

Business

U.S. appeals court upholds Volkswagen's $10 billion diesel settlement

A federal appeals court on Monday upheld Volkswagen's $10.03 billion settlement with the owners of nearly 500,000 polluting diesel vehicles announced in 2016.