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Volkswagen

Coronavirus effect: Volkswagen brand to suspend production in Europe from Thursday

Wed, Mar 18, 2020

Coronavirus effect: Automobile major Volkswagen Passenger Cars brand will gradually suspend production at its European plants from Thursday for two weeks.

Volkswagen releases upcoming models ahead of Auto Expo 2020

Volkswagen releases upcoming models ahead of Auto Expo 2020

Tue, Feb 04, 2020

Car company Volkswagen has released its upcoming car models ahead of Auto Expo 2020. Watch video:

Volkswagen truck unit Traton offers $2.9 billion to take over Navistar

Volkswagen truck unit Traton offers $2.9 billion to take over Navistar

Fri, Jan 31, 2020

Volkswagen AG`s Traton commercial truck unit said on Thursday it had offered $35 a share, or $2.9 billion (2.2 billion pounds), for the shares of U.S. truck maker Navistar International.

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Renault expects diesel engines disappearing from most of its European cars

Renault expects diesel engines disappearing from most of its European cars

Tue, Sep 06, 2016

Renault expects diesel engines to disappear from most of its European cars, company sources told Reuters, after the French automaker reviewed the costs of meeting tighter emissions standards following the Volkswagen scandal.

Volkswagen to compensate 650 US dealers, to spend at least $1.2 billion

Volkswagen to compensate 650 US dealers, to spend at least $1.2 billion

Fri, Aug 26, 2016

Volkswagen AG has agreed to spend more than $1.2 billion to compensate its 650 US dealers for their losses from the German automaker's diesel emissions scandal, two sources briefed on the matter said on Thursday.

Volkswagen targets govt employees with 7th Pay Commission salary hike

Volkswagen targets govt employees with 7th Pay Commission salary hike

Tue, Jul 26, 2016

The 7th Pay Commission recommendations has left carmakers salivating for long. Maybe now the time has come for them to make a killing.

Volkswagen still long way from drawing line under engine-rigging scandal

Volkswagen still long way from drawing line under engine-rigging scandal

Wed, Jun 29, 2016

Financially, VW is on a solid footing, with annual sales of around 200 billion euros and a workforce of 600,000.

Volkswagen emission scandal: Company agrees to pay $10 billion as settlement in US

Volkswagen emission scandal: Company agrees to pay $10 billion as settlement in US

Thu, Jun 23, 2016

The San Francisco civil lawsuit accuses Volkswagen of major damages to the environment and to the owners of the illegally rigged diesel cars.

These four automakers still installing risky Takata airbags

These four automakers still installing risky Takata airbags

Wed, Jun 01, 2016

The inflators can over time degrade, especially in hot, humid conditions, and rupture sending shrapnel into a vehicle's passengers.

Volkswagen net profit falls 19.3% in first quarter

Volkswagen net profit falls 19.3% in first quarter

Tue, May 31, 2016

Sales revenues between January and March 2016 dropped 3.4% to 50.964 billion euros ($56.84 billion) due to the slowdown in sales.

Three investor groups call for new investigation into Volkswagen emission scandal

Three investor groups call for new investigation into Volkswagen emission scandal

Mon, May 23, 2016

VW declined to comment.

Volkswagen to increase wages by 4.8% amid emission scam

Volkswagen to increase wages by 4.8% amid emission scam

Sat, May 21, 2016

Higher wages in Germany would also improve the relative trade competitiveness of struggling eurozone members.

Suzuki Motor says used improper fuel economy tests, shares slide

Suzuki Motor says used improper fuel economy tests, shares slide

Wed, May 18, 2016

Suzuki Motor Corp said it had used improper fuel economy testing methods, sending its shares tumbling as a mileage cheating scandal in Japan that has engulfed Mitsubishi Motors Corp widened. Suzuki Chairman Osamu Suzuki will brief the media at 4 p.m. in Tokyo (0700 GMT).

Carmakers recalled over 17 lakh cars in India since 2012

Carmakers recalled over 17 lakh cars in India since 2012

Fri, May 13, 2016

While India doesn't have a recall policy currently, the Ministry of Road Transport & Highways is working on amending the Central Motors Vehicles Rules 1989, to bring in a mandatory Recall Policy.

Where did all the black cars go?

Where did all the black cars go?

Sun, May 08, 2016

Black cars are becoming a rarity as very few models today come in the once commonly available colour.

Volkswagen CEO apologizes Barack Obama in person over emission scam

Volkswagen CEO apologizes Barack Obama in person over emission scam

Thu, Apr 28, 2016

The scandal broke when the EPA took action against Volkswagen.

Despite loss due to emission scandal, top executives will be paid Rs 479 crore for 2015: Volkswagen

Despite loss due to emission scandal, top executives will be paid Rs 479 crore for 2015: Volkswagen

Thu, Apr 28, 2016

VW posted a loss of 1.6 billion euros for 2015 and set aside 16.2 billion euros to cover possible regulatory fines, lawsuits and recall costs so far resulting from the scandal.

France's biggest carmaker PSA Group raided by fraud squad in emissions probe

France's biggest carmaker PSA Group raided by fraud squad in emissions probe

Fri, Apr 22, 2016

Five PSA sites were raided, four in the Paris suburbs and one in Montbeliard, eastern France.

Fuel-efficiency scandal: Mitsubishi loses $2.5 billion in market cap

Fuel-efficiency scandal: Mitsubishi loses $2.5 billion in market cap

Thu, Apr 21, 2016

The company's shares plunged after the company's admission to false fuel efficiency tests led to Japanese transport ministry officials descended on a company research and development centre

VW to offer to buy back nearly 500,000 U.S. diesel cars: sources

VW to offer to buy back nearly 500,000 U.S. diesel cars: sources

Thu, Apr 21, 2016

Volkswagen AG and U.S. officials have reached a framework deal under which the automaker would offer to buy back almost 500,000 diesel cars that used sophisticated software to evade U.S. emission rules, two people briefed on the matter said on Wednesday.

After VW, Mitsubishi hit by faulty emission tests

After VW, Mitsubishi hit by faulty emission tests

Wed, Apr 20, 2016

The shares of the company plummeted 15% on a report by the public broadcaster that said the faulty emission tests could affect about 6 lakh vehicles

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