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Volkswagen shrugs off 1 billion euro legal hit with higher SUV sales
Thu, May 02, 2019
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.
Big milestone for Volkswagen! German auto major rolls out 1-millionth car from Pune plant
Fri, Apr 19, 2019
German auto major Volkswagen, which has been facing headwinds for long and got restructured under its subsidiary Skoda, Friday rolled out the 1-millionth car from its Pune facility, which was commissioned in 2010.
Volkswagen to take on Tesla X in China from 2021 with electric SUV
Mon, Apr 15, 2019
Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla`s Model X as the German carmaker ramps up production of zero emissions vehicles.
Volkswagen Ameo Corporate edition launched - Check ex-showroom price of petrol and diesel trims
Fri, Apr 12, 2019
German auto major Volkswagen Friday said it has launched a new version of its compact sedan Ameo in India, priced at Rs 6.69 lakh (ex-showroom). The Ameo Corporate edition has been introduced to cater to corporate and business customers, the company said in a statement.
Penalty case: Maruti Suzuki, Mahindra to Mercedes, here is what Delhi court has ordered carmakers to do
Wed, Apr 10, 2019
On August 25, 2014, the CCI had slapped a total penalty of Rs 2,545 crore on 14 car manufacturers, including Honda, Volkswagen and FIAT, in India after finding them guilty of violating trade norms in the spare parts and after-services market.
Volkswagen Group to merge all three passenger car entities in India
Wed, Apr 03, 2019
The integration will lead to coordinated and faster decision making and increased efficiency using existing synergies.
Volkswagen brand to cut up to 7,000 jobs for annual savings goal
Wed, Mar 13, 2019
Volkswagen has ruled out compulsory layoffs until 2025, but early retirement will help the Wolfsburg, Germany-based carmaker to reduce its workforce between 5,000 and 7,000 positions, the carmaker said.
Volkswagen to shrink workforce by 7,000 staff to save 5.9 billion euros
Wed, Mar 13, 2019
Volkswagen has ruled out compulsory layoffs until 2025, but early retirement will help the Wolfsburg, Germany-based carmaker to reduce its workforce between 5,000 and 7,000 positions
Volkswagen accelerates electric push as margin at core brand slips
Tue, Mar 12, 2019
Volkswagen expects to build 22 million cars on its electric vehicles platforms PPE and MEB by 2028, up from the carmaker`s previous estimate of 15 million cars.
National Green Tribunal imposes Rs 500 crore fine on Volkswagen
Thu, Mar 07, 2019
German car maker Volkswagen India has been directed by the National Green Tribunal to deposit the fine amounting to Rs. 500 crore for damaging the environment through the use of a cheat device in its diesel cars. Watch full video to know more.
Volkswagen says driverless vehicles have limited appeal and high cost
Wed, Mar 06, 2019
Fully autonomous vehicles will take at least another five years to perfect, with the cost and complexity of rolling out the technology globally serving to undermine the business case, Volkswagen`s head of commercial vehicles said.
All about that bass: Carmakers seek electric car sounds for post-petrol era
Tue, Mar 05, 2019
As BMW, Mercedes-Benz, Audi, Mini and VW prepare to launch battery-driven vehicles, carmakers are searching for a new way to market the potency of their zero-emissions vehicles.
Volkswagen warns of challenges, to redouble efforts to meet targets
Fri, Feb 22, 2019
Volkswagen warned investors about a tough year ahead as the car and truck making group reported preliminary annual results on Friday that were weighed down by currency headwinds and supply bottlenecks caused by new emissions testing rules.
Volkswagen gets respite from Supreme Court for delay in depositing Rs 100 crore penalty
Mon, Jan 21, 2019
The bench of Justice D.Y.Chandrachud and Justice Hemant Gupta said the four-member panel that was set up by the green tribunal on November 16, 2018 would also include a representative of the Ministry of Road Transport and Highways.
Volkswagen, Ford team up on trucks, eye deals on EVs, self-driving cars
Tue, Jan 15, 2019
Volkswagen AG and Ford Motor Co said on Tuesday they will join forces on commercial vans and pickups and are exploring shared development of electric and self-driving technology, actions meant to save the automakers billions of dollars.
Good news! Volkswagen to cut maintenance costs of cars in India
Mon, Jan 07, 2019
Struggling to make a mark in India, German auto major Volkswagen (VW) is taking a localised approach to address high maintenance cost of its VW brand of vehicles that has been one of its biggest hurdles here.
Volkswagen prices in India hiked by up to 3% from Jan 1
Fri, Dec 07, 2018
German auto major Volkswagen Friday announced up to 3 per cent increase in prices of its vehicles across models in India from January 1, 2019.
Hyundai Le Fil Rouge, BMW Vision iNEXT to Volkswagen I.D. Buzz Cargo, check out 5 e-cars that pack a charge!
Mon, Dec 03, 2018
Electric cars have grabbed the spotlight in the recent weeks and months and emerged as the best next step bet after the fossil fuelled era is over. It has sent carmakers scrambling to match performance with spectacular designs to grab attention.
Emission fiasco: NGT directs Volkswagen to deposit Rs 100 crore
Sat, Nov 17, 2018
The tribunal was hearing pleas filed by a school teacher Saloni Ailawadi and a few others seeking ban on sale of Volkswagen vehicles for alleged violation of emission norms.
Volkswagen, Renault Nissan, Skoda, Maruti Suzuki, Hyundai, Mahindra, Tata Motors sales - Check 2018 winners
Sun, Nov 11, 2018
More than half of the 17 automobile firms selling passenger vehicles in the mass-market segment in India posted decline in sales in the first seven months of the fiscal, reflecting the continued struggles of global brands in trying to make their presence felt in the country.