Tuesday 6 December 2016
 
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Volkswagen

Volkswagen to axe 30,000 jobs worldwide

German automaker Volkswagen (VW) has announced plans to cut 30,000 jobs worldwide, aiming to revive its brand after the emissions scandal and develop new electric and self-driving cars, a report said. While Germany will bear about

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Volkswagen's $14.7bn settlement deal approved

Volkswagen has announced that it received final court approval of a $14.7 billion settlement with consumers and government agencies over an emission scandal. The deal could get nearly half a million diesel-powered cars off U.S. ro

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Volkswagen's $14.7bn settlement deal approved

Volkswagen has announced that it received final court approval of a $14.7 billion settlement with consumers and government agencies over an emission scandal. The deal could get nearly half a million diesel-powered cars off U.S. ro

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Volkswagen ME names new marketing chief

Volkswagen Middle East has appointed Bruno Gisquet as its new marketing director to strengthen its brand positioning in the region. Gisquet will lead and manage the brand development, marketing communication, market research, prod

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Audi steps up ties with Chinese tech firms

Volkswagen's luxury car unit Audi has agreed to deepen collaboration with Chinese internet technology groups to offer more digital services in the world's largest car market. Audi and FAW-Volkswagen, VW's joint venture

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EU finds Volkswagen broke consumer laws in 20 countries

The European Commission has found that Volkswagen broke consumer laws in 20 European Union (EU) countries by cheating on emissions tests, German daily Die Welt reported, citing Commission sources. Among them are the Consumer Sales

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Volkswagen reaches deal to compensate US dealers

Volkswagen AG announced on Thursday that it has reached a deal in principle to compensate its 650 US dealers in connection with the German automaker's diesel emissions scandal. The automaker and a lawyer for VW brand dealers a

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Bosch ‘worked with VW in emissions fraud’

German auto supplier Robert Bosch GmbH was a "knowing and active participant" in a decade-long scheme by Volkswagen AG to evade US emissions laws, according to lawyers for US owners of polluting VW diesel vehicles. In a

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Audi vehicles to talk to traffic signals

German carmaker Audi is rolling out technology that will allow its vehicles in the US to communicate with traffic signals, allowing for a more stress-free ride in the car industry's first commercial use of the nascent technology.

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VW profit tops forecast, but takes another dieselgate hit

Volkswagen said cost cutting and rising European car sales helped it to beat first-half underlying profit forecasts, though it set aside another €2.2 billion euros ($2.4 billion) to cover costs related to its "dieselgate" emission

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