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Volkswagen will stop selling combustion engines cars in Europe by 2035 as it shifts to electric vehicles, and later it will be doing the same in the United States and
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Germany’s Volkswagen confirmed it is thinking of acquiring a majority stake in car rental company Europcar as it seeks to enter into the trend for consumers to rent instead of
Daimler and Volkswagen are cutting working hours at some of their plants as the automakers continue to have a hard time due to the continued shortage of semiconductors. Daimler is
Volkswagen’s U.S. unit said a data breach at a vendor affected over 3.3 million customers and potential customers in North America. Almost all those impacted were current or potential customers of
Volkswagen expects a shortage in chip supply to ease in the third quarter but sees the bottlenecks to continue in the long-term, a board member informed Handelsblatt newspaper. “Currently we
Volkswagen has agreed to settle claims against four former executives, including former CEO Martin Winterkorn, that will see the automaker get 288 million euros ($350 million) in compensation associated with
Prosecutors have charged former Volkswagen CEO Martin Winterkorn for providing false testimony to the German parliament when he said he was not aware of the automaker’s diesel emissions cheating before
Volkswagen on Sunday said it had reached the broad outlines of a settlement with former CEO Martin Winterkorn over his role in the diesel emissions scandal, with the final details to
Former Volkswagen CEO Martin Winterkorn has agreed to pay around 10 million euros ($12 million) in damages to the automaker over the diesel emissions scandal, according to a report on Monday.
Volkswagen has finalized a commitment to introduce a new investment cycle in Brazil, the continent’s top auto producer, its chief executive for South America informed Reuters in an interview on Friday.
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