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German automaker Volkswagen and the project developer Permian Global have signed a Joint Development Agreement to create climate protection projects. Together with the support of Permian Global, the automaker will
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Volkswagen thinking about more cost cuts to help cope with the economic impact of the coronavirus, a spokesman for the automaker said on Saturday. The issue was discussed just recently
British luxury automaker Bentley Motors stated on Friday it prepares to slash up to 1,000 jobs, almost a quarter of its workforce as the sector has been hit hard by
German automaker Volkswagen AG stated on Friday that it had added two members to the executive committee of its supervisory board. The new members include Hans Michel Piech, who is
Volkswagen is restarting deliveries of its Golf 8 model after repairing a software glitch, a spokesman stated on Thursday. The German automaker stopped deliveries of the popular model last month
Volvo Cars, owned by China’s Geely Holding, stated on Wednesday it sold 40% more cars in May compared to April, as restrictions to control the spread of the COVID-19 coronavirus
Volkswagen CEO Herbert Diess will promote Porsche CEO Oliver Blume to become head of the Volkswagen brand as part of a broader management reshuffle, Auto Motor und Sport stated on
Renault finalized a 5 billion euro ($5.60 billion) loan on Wednesday from with the French government, boosting the automaker’s finances following the coronavirus crisis which has damaged the auto industry.
Volkswagen has closed its $2.6 billion investment in self-driving startup Argo AI, who is based on Pittsburgh. The automaker disclosed in a blog post on Tuesday. Argo, established in 2016
A U.S. appeals court ruled on Monday that German automaker Volkswagen AG cannot escape possible financial penalties from two counties in Florida and Utah that may amount to a “staggering”
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