Deliveries of Volkswagen’s Skoda Auto cars dropped 7.4 percent in October, mostly in European markets because of conversions to conform to the Worldwide Harmonised Light Vehicle Test (WLTP) anti-pollution regulations.
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Volkswagen intends to sell electric vehicles for less than 20,000 euros ($22,836) and safeguard German jobs by converting three factories to make Tesla competitors, a source familiar with the plans
Volkswagen could build up to fifty million electric cars on its new electric vehicle platform and is looking at broadening its manufacturing footprint in the United States, Chief Executive Herbert
German automakers agreed to spend up to 3,000 euros ($3,430) every vehicle to help decrease diesel emissions as the government and industry respond to driving bans in major cities. While
Renault stated it will build new Nissan and Mitsubishi vans at its local plants, boosting investment in the country as it looks for closer integration of the three-way automaking alliance
A spokesman for Volkswagen on Thursday rejected a media report that said the automaker planned to fully cover the costs of diesel hardware retrofits, which would come in at 3,000
The European Union’s competition authority stated on Wednesday it had accepted the plan of German automakers Daimler and BMW to combine their car-sharing businesses, subject to conditions. Under the deal,
BMW will deepen cost cuts following higher development expenses added to a 27 percent fall in third-quarter operating profit, falling short of expert expectations as currency effects also took a
European automakers BMW and Volvo prepare to experiment with steel contracts to be introduced by the London Metal Exchange early 2019, a move which could ultimately modify the way the
Volkswagen on Tuesday stated the operating return on sales at its main VW passenger car brand would come in at the lower end of its 4 to 5 percent target
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