Volkswagen board discusses 82 billion dollar spending plan

Volkswagen brand logo

Volkswagen’s supervisory board is talking about a five-year spending plan amounting to over 70 billion euros ($82.5 billion) to become leader in electric cars, an individual knowledgeable about the talks informed Reuters. The board is anticipated to accept the capital and development spending targets on Friday, the individual said. The investments will likely be made […]

U.S. Entry Isn’t a Priority: Skoda’s CEO

Images of Skoda Fabia R5

Volkswagen’s Czech division Skoda stated it will evaluate the possibility of making cars in the United States as it considers selling on the planet’s second largest automobile market where its parent continues to face an emissions scandal. Skoda, Volkswagen’s mass-market brand name, will begin shipments in Iran, South Korea and Singapore next year and will […]

Volkswagen’s Czech Brand Skoda Shall Begin Offering Cars in the U.S.

Czech’s Škoda‘s formal U.S. return is far from guaranteed, however Automotive News Europe reports that the company hasn’t dismissed North American sales, which it has actually filed hallmark applications with the U.S. Patent and Trademark Office to safeguard its trademark name and logos on coasts. Reportedly, trademarks were submitted for the Superb Sedan, Octavia hatchback […]