China sales show recovery after coronavirus crisis, says Volkswagen

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German automaker Volkswagen expects vehicle sales in China, the world’s largest car market, to quadruple in March, it stated, pointing to a recovery after the coronavirus crisis. “We are cautiously optimistic that the worst effects of the crisis will be behind us in two to three months,” stated Stephan Woellenstein, head of Volkswagen’s China business. […]

Volkswagen India extends warranty till July 2020 due to coronavirus crisis

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Volkswagen India has announced that it has extended the service standard warranty for its consumers to assist them in the coronavirus crisis. The Volkswagen vehicle owners with warranty ending between 22nd March and mid-May 2020, can take benefit of special support up to 31st July 2020, said the German automaker in a release. The extended warranty […]

Volkswagen burning through $2.2 billion a week as coronavirus stops production

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Volkswagen may have to cut jobs if the coronavirus pandemic is not brought under control as the German automaker is still spending about 2 billion euros ($2.2 billion) a week, CEO Herbert Diess informed German TV channel ZDF. Diess informed the Markus Lanz talkshow that the German company, which hires 671,000 people globally, was not making any sales outside China […]

Volkswagen imports medical equipment in Germany to fight coronavirus

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Volkswagen has said that it has imported medical equipment worth of 40 million euro ($44.67 million) to Germany on Saturday from China to help the health workers fight the spread of the coronavirus. The medical supplies consists of face masks, gloves, disinfectants, clinical thermometers, protective goggles and protective clothing. As the automaker states, the first consignment had […]

Volkswagen to close factories in Mexico due to spread of coronavirus

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German automaker Volkswagen will temporarily shut down its factories in Mexico’s Puebla and Guanajuato states in order to preserve public health, the company’s Mexican unit stated, amid increasing worries over the spread of the coronavirus. The shutdowns will take effect on March 30 and will be in effect through April 12, the statement noted. The […]

Volkswagen tests ventilator output to combat coronavirus crisis

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German automaker Volkswagen stated on Friday it was joining other automakers across the world to find out use of 3D printing to make hospital ventilators in order to combat the coronavirus crisis. Governments are enlisting automakers such as Ford, General Motors, Ferrari and Nissan to increase production of ventilators and other equipment they are short […]

Volkswagen suspends production in Europe as coronavirus hits sales

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Volkswagen Group is suspending production at factories throughout Europe as the coronavirus pandemic hits sales and disrupts supply chains, the company stated. The German automaker, which owns brands such as Audi, Bentley, Bugatti, Ducati, Lamborghini, Porsche, Seat and Skoda, also stated that uncertainty about the fallout from the virus meant it was impossible to provide […]

Diesel scandal has cost Volkswagen 31.3 billion euros

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Volkswagen stated its diesel cheating scandal has cost it 31.3 billion euros ($34.69 billion) in fines and settlements, and the German automaker expects cash outflows to continue until next year, saying that these have already been provisioned for. Volkswagen was admitted hiding excessive levels of toxic diesel emissions in 2015, a scandal that resulted in […]

Volkswagen is preparing to halt production at Bratislava plant

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Volkswagen is preparing to halt operations at its manufacturing plant located in Bratislava, the company stated on Sunday, after Slovakia declared a state of emergency because of the coronavirus outbreak. Slovak Prime Minister Peter Pellegrinim stated earlier on Sunday that there was a possible coronavirus case at the plant, which is the county’s largest private […]