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President Donald Trump pressed senior executives of top German automakers to boost their investments in the United States as the White House thinks about imposing new tariffs on European-made vehicles.
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Volkswagen expects to become the most profitable producer of electric cars due to a multi-billion euro expansion strategy to mass produce battery driven vehicles, CEO Herbert Diess stated on Friday.
Volkswagen CEO Herbert Diess on Friday stated he expected the multi-brand automaking group to be the most profitable manufacturer of electric cars due to economies of scale. Even first generation
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
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
Volkswagen AG on Wednesday named a new head of its America group as the automaker looks forward to increase SUV sales amid weakening demand for cars. Scott Keogh, presently head
Volkswagen is prepared to support hardware retrofits for older diesel vehicles and provide incentives for drivers to swap some older diesel vehicles for recent ones, a person knowledgeable with the
The Volkswagen brand needs higher profits and it should become significantly more effective to be able to fund its future, Volkswagen group Chief Executive Herbert Diess informed the brand’s staff
Volkswagen CEO Herbert Diess was informed about the existence of cheating software in vehicles two months before it was revealed, German magazine Der Spiegel stated. Der Spiegel’s story, based on
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