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VW

 
 
VW Golf hybrid production hit by battery cell shortage
22.February 2021

Volkswagen’s biggest plant in Wolfsburg, Germany, is struggling to meet strong demand for the Golf model due to shortages of battery cells for hybrid versions and semiconductor components, the company’s labor leader told a German newspaper.

VW returned to profit in third quarter
29.October 2020

Volkswagen Group returned to profitability in the third quarter, helped by a surge in demand in China, despite an overall drop in global vehicle deliveries during the COVID-19 pandemic.

VW begins production of ID4 EV in Germany
21.August 2020

Volkswagen Group has begun regular production of ID.4 crossover, the second model in a planned family of electric vehicles that will be built and sold around the world.

VW pays nearly $10M to end proceedings against chairman
21.May 2020

Volkswagen Group has agreed to pay 9 million euros ($9.9 million) in a deal with a German court to end legal proceedings against its chairman and CEO, who were accused of holding back market-moving information on rigged emissions tests.

VW Group sales fell 23% in first quarter
20.April 2020

Volkswagen Group’s global vehicle sales fell 23 percent to 2 million in the first quarter. In March alone, sales were down 38 percent overall at 623,000 vehicles, reflecting the coronavirus crisis.

VW extends production halt in Germany
27.March 2020

Volkswagen Group will extend stops to production in Germany as it deals with fallout from the coronavirus outbreak. VW said that it was responding to weakening demand and supply chain disruptions.

VW to shut down production in Europe
17.March 2020

Volkswagen Group will suspend production this week at plants in Italy, Portugal, Slovakia and Spain and is preparing to shut down the rest of its factories across Europe due to the spread of coronavirus.

VW postpones restart of China production
9.February 2020

Volkswagen Group has postponed the resumption of production at its China joint ventures, in the latest sign of the coronavirus’s impact on economic activity.

VW will decide on $1.4B Turkish plant in Feb.
17.December 2019

Volkswagen Group is not considering other locations for a new multibrand plant besides Turkey, sources said. A decision to build the plant in Turkey is still on hold and will not be made until February, sources familiar with the matter told Automobilwoche.

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.