Volkswagen stated on Thursday that a historian commissioned by the automaker discovered that a few of the security staff at Volkswagen do Brasil had cooperated with the nation’s former military regime. “There is no clear evidence discovered, that the cooperation was institutionalized by the company,” stated Christopher Kopper, a history professor at Germany’s Bielefeld University
Volkswagen, today announced an upward modification of the rates for its car lines effective January 2018. The increase of price would be approximately INR 20,000 will be depending on the model across the Volkswagen product range in India. Talking about the announcement, Steffen Knapp, Director, Volkswagen Passenger Cars stated, “The price boost is essential on
The financial arm of German automaker Volkswagen stated on Wednesday that it expects an increase in operating profit in this year, regardless of a diesel scandal that has impacted the market. Volkswagen Financial Services stated 2017 profit would surpass a record 2.1 billion euros ($2.47 billion) in last year. The bank also stated provisionary figures
Germany’s KBA automotive watchdog on Tuesday revealed a recall of Volkswagen’s flagship European sport-utility vehicles (SUV) with 3-litre diesel motor after discovering two illegal emissions control devices in the models. New proof of Volkswagen’s deployment of defeat gadgets continues to emerge over two years after its emissions-test dieselgate took off in the United States. Europe’s
Volkswagen anticipates money outflows of 4-5 billion euros ($4.7-5.9 billion) next year in relation to the dieselgate emissions cheating scandal, the automaker’s Chief Financial Officer Frank Witter told reporters on Monday. “I am not relaxed with regard to the diesel problem,” Witter stated. The figure is below the up to 17 billion euros in outflows
German trade union IG Metall on Monday stated a first round of wage talks at Volkswagen failed to produce a result, adding it was dissatisfied the automaker did not present a counter-offer to its need for a 6-percent wage hike. “The fact that Volkswagen is doing so well in spite of the diesel concern is,
Volkswagen executive Oliver Schmidt, convicted in the United States last week for his role in the German automaker’s emissions scandal, can ask to serve his prison sentence in Germany, German weekly Welt am Sonntag reported, pointing out sources close to Schmidt. The paper stated such a request would have to be authorized by the U.S.
Volkswagen stated on Friday it had stopped providing the T6 multivan to dealers after discovering that the diesel model released excessive nitrogen oxide levels and had reported the findings to Germany’s automotive watchdog (KBA). Previously on Friday German publication Der Spiegel, without recognizing the source of its info, reported that automaker’s tests had shown that
Russia’s standards agency Rosstandart said on Friday it had been informed about the recall of 30,777 Volkswagen Polo cars sold in Russia in 2015-2017. The vehicles were being recalled due to a defect which might prevent the engine starting, Rosstandart said.
A U.S.-based Volkswagen executive who supervised emissions issues was sentenced to seven years in jail and fined $400,000 by a judge on Wednesday for his role in a diesel emissions scandal that has actually cost the automaker about $30 billion. The prison sentence and fine for the executive, Oliver Schmidt, were the highest possible under
Volkswagen has revealed an all-electric minibus to target metropolitan consumers who prefer to spend for the use instead of owning a vehicle, enhancing the German company’s push into brand-new kinds of online-controlled personal transport services. Volkswagen’s new MOIA “mobility services” department on Monday announced plans for a fully electric international ride-pooling service that intends to
Volkswagen executive Oliver Schmidt, who is going to be sentenced this week in relation with the automaker’s emissions scandal, has written to the judge. He wrote that he feels “misused” by the automaker. Schmidt pleaded guilty in August in the United States District Court in Detroit to misconduct connected to an enormous diesel emissions scandal
Volkswagen is moving towards for record group sales this year as the “strong trend” in deliveries is going to continue with November and December figures, CEO Matthias Mueller said. Registrations at the world’s largest automaker including the Audi and Porsche nameplates leapt 8.2 percent in October to 940,800 cars, broadening the 10-month gain to 3.2
Leading automakers consisting of Volkswagen and Toyota vowed on Wednesday to support ethical and socially accountable standards in their purchases of minerals for an anticipated rise in electric vehicle production. Need for minerals such as cobalt, graphite and lithium is expected to skyrocket in the coming years as government works on reducing vehicle pollution and
The Dutch markets watchdog has fined Volkswagen 450,000 euros ($534,000) for misinforming customers who bought its diesel vehicles from 2009 to 2015. The Authority for Consumer & Markets (ACM) stated it had imposed the maximum fine it could on the German automaker for its use of “defeat devices”, illegal software that made its cars discharge