News [5]

Two ex-VW board members charged
18.November 2019

Two former Volkswagen management board members and two other managers were charged by German prosecutors for paying too much to labor representatives.

Tesla plans to build factory in Germany
13.November 2019

Tesla plans to build its next factory near Berlin, CEO Elon Musk said, sending a stark message to Germany’s automakers that he is headed for their home turf.

PSA-FCA will maintain brands after merger
12.November 2019

PSA Group and Fiat Chrysler Automobiles have no plans to scrap any of their brands following their $50 billion merger, PSA CEO Carlos Tavares told a French television station.

European factories at risk in FCA-PSA merger
7.November 2019

Fiat Chrysler Automobiles and PSA Group have said they will not to close factories if they merge but this promise is likely to come under heavy strain as the combined group would have spare production capacity of almost 6 million vehicles in a slowing autos market.

VW labor boss Osterloh blocks Turkey plant
4.November 2019

Volkswagen Group’s powerful labor unions vowed to block the automaker’s plan to build a factory in Turkey until violence triggered by the country’s cross-border offensive in northern Syria has stopped.

PSA and FCA merger makes sense for both
30.October 2019

Following the news that PSA Group and Fiat-Chrysler (FCA) are in discussions to combine operations and create a leading global group; David Leggett, Editor at GlobalData, a leading data and analytics company, offers his view.

VW touts connectivity leap for new Golf
25.October 2019

Volkswagen is adding advanced connectivity and semi-autonomous features to help its latest Golf retain buyers in a market shifting toward SUVs and full-electric cars.

Skoda CEO seeks to calm fears about push downmarket
21.October 2019

Skoda has sought to reassure its employees after reports suggested that its owner, Volkswagen Group, is considering repositioning the brand downward to compete with low-cost marques such as Renault’s Dacia.

Porsche increases deliveries by three percent
14.October 2019

In the first three quarters of 2019, Porsche AG delivered 202,318 vehicles worldwide. The sports car manufacturer therefore achieved an increase of three percent compared with the prior-year period.

VW’s top executives charged with stock market manipulation
25.September 2019

Volkswagen Group’s two top leaders, CEO Herbert Diess and Chairman Hans Dieter Poetsch, were charged with market manipulation in Germany over allegations they failed to inform investors early enough about the automaker’s diesel-emissions scandal.