News [5]

VW headquarters raided again in diesel probe
4.December 2019

Volkswagen Group’s headquarters in Wolfsburg, Germany, was raided by public prosecutors on Tuesday in the latest investigation into the automaker’s diesel emissions scandal.

Daimler could face further diesel recalls
3.December 2019

Daimler could face further recalls related to manipulated diesel engines in some of its Mercedes-Benz compact models, weekly magazine Der Spiegel said on Friday, without citing sources.

BMW, Daimler, VW fined for steel cartel
25.November 2019

Germany’s cartel authority said it was fining BMW, Volkswagen Group and Daimler a total of 100 million euros ($110.84 million) for unlawful actions in relation to steel purchases.

European sales rise 9% in October
19.November 2019

European new-car sales rose 8.6 percent in October, driven by robust demand in Germany and France and a rebound in demand for Volkswagen Group brands that were hit by the introduction of new emissions rules last year.

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.