Volkswagen, Ford confirm talks on potential commercial vehicle tie-up

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Volkswagen and Ford Motor are in talks about jointly developing and building a series of commercial vehicles including vans, the companies verified on Tuesday. In a joint statement, Volkswagen and Ford stated they were thinking about a strategic alliance and “investigating several joint projects,” including development of a series of commercial vehicles for international markets. […]

Automakers vow ethical minerals sourcing for electric vehicles

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Leading automakers consisting of Volkswagen and Toyota vowed on Wednesday to support ethical and socially accountable standards in their purchases of minerals for an anticipated rise in electric vehicle production. Need for minerals such as cobalt, graphite and lithium is expected to skyrocket in the coming years as government works on reducing vehicle pollution and […]

Volkswagen trucks department focuses on strong profitability gain this year

Volkswagen trucks

Volkswagen‘s truck division intends to substantially boost its success this year as deepening cooperation in between the MAN and Scania brand names and enhancing abroad markets stimulate service, it stated on Monday. Volkswagen introduced a new truck & bus division in 2015 to take on worldwide competitors Daimler and Volvo. VW is targeting a long-lasting […]

Volkswagen finance arm’s profit up on huge demand for diesel cars

Volkswagen diesel cars

Volkswagen‘s funding arm anticipates to publish record revenues this year, it stated on Friday, due to the increased demand for diesel cars, an indication that the business’s emissions-cheating scandal has not prevented clients. Operating profit at Volkswagen Financial Services might surpass 2 billion euros ($2.1 billion) for the very first time, after the department formerly […]