Volkswagen may sideline Audi, link with competitors in new 10-year plan

Audi e-tron images

Volkswagen CEO Herbert Diess will outline a 10-year plan on November 16 to cut research expenses by collaborating with competitors, a step which would sideline Audi as the group’s leading development center. The chief executive will outline his plan at a meeting of the automaker’s supervisory board, two sources informed Reuters. It will explore possible […]

Volkswagen looks towards possible sale of motorbike brand Ducati

Images of Ducati XDiavel

Volkswagen is thinking about a possible sale of Italian motorbike maker Ducati as Europe’s largest automaker simplifies operations to help fund a strategic overhaul following its emissions scandal, 2 individuals knowledgeable about the matter said. Volkswagen is reining in spending throughout the group, consisting of cutting thousands of jobs at its core passenger-car brand, to […]

Audi, Porsche sales assist Volkswagen to record underlying profit

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Record Audi and Porsche sales assisted Volkswagen swing to a record underlying profit in last year, although a larger than expected charge from the diesel emissions scandal indicated it missed for its operating profit. Sales of the German automaker’s high-end brand names lifted underlying operating profit prior to special items 14 percent to 14.6 billion […]

China TV report targets international car companies for faulty brake pads

china map

China Central Television (CCTV) report on Sunday informed about the complaint by the nation’s safety watchdog this year that some imported brake pads meant for automobiles sold by international automakers, consisting of Volkswagen and Toyota were discovered to be faulty. Leading foreign companies in China have in some cases been struck by consumer reaction after […]

Audi, SAIC Motor sign agreement to construct Audi cars in China

SAIC Motor

Audi and China’s SAIC Motor signs a contract The contract will likely lead the way for the German high-end automaker to produce automobiles in China with SAIC, an individual knowledgeable about the matter informed Reuters. Executives of Audi and SAIC officially signed the cooperation framework contract on Friday, and the German automaker is expected to […]

Germany has no information from U.S. on reports of cheat device in Audi vehicles

Audi R8 e-tron images

U.S. authorities have not shared any details with Germany, concerning software application that a newspaper report stated was discovered in some Audi automobiles that decreased their carbon dioxide emissions throughout tests, a Transport Ministry representative stated on Monday. “For the moment, we have no details on this problem … The KBA (automobile authority) is ensuring […]

Researches discovers keyless systems of many Volkswagen cars can be hacked

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Millions of cars sold Volkswagen AG during last 2 decades, and some existing models, are vulnerable to theft because keyless entry systems can be hacked using low-cost technical devices, as per European researchers. Computer system security professionals at the University of Birmingham have released a paper describing how they had the ability to clone Volkswagen […]