Volkswagen will begin importing automobiles to Iran next month, going back to the resurgent Middle Eastern market after 17 years in a relocation that may help the German automaker trim reliance on unstable overseas markets such as China and Brazil. The privately-owned regional partner Mammut Khodro – who is also the official Iranian importer for
Volkswagen is recalling 766,000 vehicles of its core passenger car brand globally for a software upgrade to their braking control systems, a representative stated. The braking control system may not work correctly in specific driving conditions, such as when the motorist over-steers, under-steers or slams on the brakes, the spokesperson stated. The automaker is remembering
Volkswagen has agreed to redeem diesel vehicles geared up with illegal emissions control software after choosing not to appeal a German court judgment backing plaintiffs’ calls for compensation. Customer agencies throughout Europe have been promoting compensation for Volkswagen drivers who bought diesel automobiles. Regardless of the automaker’s admission of misconduct in the United States, it
Volkswagen‘s French division reported incorrect delivery numbers to German head office for years to make its performance apparently better, Der Spiegel noted, pointing out a report by the automaker’s internal auditors. The auditors discovered a number of cars were registered by their owners “a number of months and even years” after the deliveries were recorded
The new, considerably bigger Volkswagen Tiguan is a lot more vehicle than its predecessor, however it won’t cost a lot more cash. The 2018 Tiguan, which is over 10 inches longer than previously and now provides a third row of seats, costs simply $385 more than the 2017 model, with a base cost of $26,245
Volkswagen has accepted to offer an extra two-year guarantee to European owners of its diesel vehicles but no compensation in talks with Europe’s consumer affairs chief over its emissions scandal, a European Commission representative stated on Wednesday. EU authorities have piled pressure on the automaker to compensate European customers after it confessed to U.S. regulators
Volkswagen is making efforts to boost profitability at its distressed core brand name and anticipates strong business next year due to a raft of new models, the department’s top executive stated. The world’s largest automaker’s core department is being reorganized with millions of job cuts and retrenchments in parts and automobile development as it has
General Motors’ European department Opel is losing its top executive just as it plans to be acquired by France’s PSA Group, a move that could see the former Volkswagen manager rejoin the German leviathan. Karl-Thomas Neumann, 56, who restored Opel’s image and track record since taking the helm in March 2013, on Monday gave up
Battery maker LG Chem Ltd rejected a media report that it has signed a 7 trillion won ($6.20 billion) deal to provide electric vehicle batteries for Volkswagen. The DongA Ilbo reported on Tuesday that LG Chem would be the battery provider for Volkswagen’s Modular Electric Drive project. The report did not mention any direct sources.
Volkswagen’s U.S. unit stated it is naming a former Hyundai Motor executive, Derrick Hatami, to lead its sales and marketing operation. Derrick Hatami is joining Volkswagen US as executive vice president for sales and marketing. Hatami had been sales chief for Hyundai’s U.S. unit till recently and had formerly operated at Nissan Motor. Volkswagen is
Volkswagen on Tuesday stated almost 9,300 staff had agreed to an early retirement plan, helping the automaker to bring down costs. “We are rapidly approaching our target of 9,300 contracts signed. Workers who wish to take partial early retirement should make their decision by July 31,” Volkswagen’ board member for Human Resources Karlheinz Blessing stated.
Volkswagen UK is revealing the appointment of Geraldine Ingham as Head of Marketing. Geraldine joins the automaker today (5 June). Geraldine has a wealth of experience at the Nissan Renault Alliance, where she operated for the past twenty years, and brings her comprehensive knowledge of marketing, product development and management, planning and dealing with networks
Volkswagen’s distressed mass-market brand is pressing upmarket once again with a brand-new flagship design a year after ceasing the flopped Phaeton high-end saloon in a bid to raise margins and restore its post-dieselgate image. Volkswagen, traditionally understood for its range of useful saloons, hatchbacks and sport-utility vehicles (SUVs), on Wednesday revealed the new Arteon fastback
Volkswagen owned soccer team, Vfl Wolfsburg, deals with cost cuts next season after maintaining its place in Germany’s Bundesliga with success in a playoff on Monday night. VW subsidies its regional club Wolfsburg to the tune of about 90 million euros ($100 million) every season even as Europe’s most significant automaker faces billions of fines
California regulators stated Volkswagen’s budget on clean vehicle facilities had drawbacks and that it did not have details on how it would help disadvantaged communities as well as promote hydrogen fuel cell innovation. The remarks in a Wednesday letter from the California Air Resources Board to the automaker’s Electrify America come after criticism that the