Volkswagen workers at its Taubate plant, in Sao Paulo, Brazil approved an agreement allowing an investment of 1 billion reais ($192.97 million) for the production of a new model beginning …
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Volkswagen in Brazil
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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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Volkswagen halts production in Brazil for 12 days due to coronavirus
by SpeedLuxby SpeedLuxVolkswagen will temporarily halt auto production in Brazil for 12 days as of March 24 because of the worsening COVID-19 pandemic in the country, the automaker said on Friday. Brazil …
- Volkswagen
Volkswagen to pay victims of Brazil military rule in landmark settlement
by SpeedLuxby SpeedLuxGerman automaker Volkswagen will pay about 36 million reais (£5.1 million) in compensation and donations to atone for the persecution of former workers during Brazil‘s 1964-1985 military dictatorship, the automaker …
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Volkswagen truck brand to invest $344 million in Brazil after Ford departs
by SpeedLuxby SpeedLuxVolkswagen AG truck brand Scania stated on Tuesday it is going to invest 1.4 billion reais ($344.14 million) to modernize its Brazilian factory located in Sao Bernardo do Campo, an …
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Volkswagen trucks department focuses on strong profitability gain this year
by SpeedLuxby SpeedLuxVolkswagen‘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 …