Herbert Diess

Volkswagen and its partners are set to invest more than 20 billion euros ($20.38 billion) in a battery cell business, creating 20,000 jobs and targetting yearly sales above 20 billion …

Volkswagen prepares to continue operations at its plant located in Xinjiang, China despite reports of human rights violations there, CEO Herbert Diess said according to the Handelsblatt newspaper on Monday. …

Volkswagen is preparing to build 800,000 fully electric cars globally this year and 1.3 million in 2023, the automaker said on Thursday. Volkswagen delivered 452,000 EVs worldwide in 2021 and …

Volkswagen and its partners will invest 10 billion euros ($10.6 billion) to make electric vehicles and batteries in Spain, the automaker said on Thursday. The automaker also announced a partnership …

Volkswagen‘s premium brands Audi and Porsche have taken the decision to join Formula 1, said Volkswagen CEO Herbert Diess on Monday. Diess added that Porsche’s preparations to join the highest …

Volkswagen expects a continued hit from a shortage of semiconductors in 2022, although it should be able to increase production in the second half of 2022, CEO Herbert Diess said on …

Volkswagen has no plans to remove 30,000 jobs, CEO Herbert Diess informed staff in an internal video message, which was supposed to improve the relationship with the automaker’s works council …

Volkswagen CEO Herbert Diess on Thursday said he was confident that Volkswagen could keep up with Tesla Inc, but also said this would need further cost cuts, including headcount reductions …

Volkswagen is open to partnerships with other automakers to develop software, CEO Herbert Diess informed Der Spiegel. Volkswagen has bundled all its software efforts into one unit, Cariad, in order to …

A consortium led by Volkswagen has agreed with Europcar to introduce a tender offer for the French car rental company that values it at 2.9 billion euros ($3.4 billion) including …