Nov 1, 2015
* Center stage at the Tokyo Motor Show press previews are cars that don't pollute, drive themselves and entertain passengers with on-line social media and movies. Why? Not unlike the U.S., Japan's younger generation is not interested in owning or driving cars and car companies are trying to woo them back. * One of the ... Continue reading
Volkswagen Reaffirms Commitment to Chattanooga
Oct 30, 2015
The Volkswagen Group has reaffirmed its commitment to expanding its Chattanooga facility, where it plans on producing a newly developed midsize SUV for the U.S. market. As previously announced, the Group plans on a total investment of approximately $900 million in the production of a newly developed, seven-passenger SU ... Continue reading
Volkswagen's Koch Testifies Before Tennessee Senate Sub-Committee
Oct 30, 2015
Senator Watson, Senator McNally, Senator Tate, and members of the community, thank you for inviting me to be here today. I know that some of you have travelled across the state, and I certainly appreciate you being here. Id like to especially thank Commissioner Boyd for being here today. My name is Christian Koch, an ... Continue reading
Volkswagen Group Third Quarter Financials--Sharp Rise in Sales Revenues
Oct 29, 2015
The Volkswagen Group generated an operating profit before special items of EUR 10.2 billion (EUR 9.4 billion) in the first nine months of the year. Sales revenue grew by 8.5 percent to EUR 160.3 billion. The operating return on sales before special items amounted to 6.4 percent. Earnings were impacted by charges of EUR ... Continue reading
Müller Outlines Next Steps for the Volkswagen Group
Oct 29, 2015
Support for customers top priority Volkswagen looks beyond current crisis New strategy to be unveiled in 2016 WOLFSBURG -- October 28, 2015: Matthias Müller, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, has announced the five key steps to realign the Group. âWe have to look beyond the c ... Continue reading
Dr. Thomas Sedran Appointed Head of Group Strategy at Volkswagen Group
Oct 26, 2015
Dr. Thomas Sedran (51) has been appointed Head of Group Strategy at the Volkswagen Group. He takes up this post with effect from November 1 and will report to the CEO, Matthias Müller. Thomas Sedran was born on October 13, 1964. Sedran holds a Master's degree in business administration from the University of Hohenheim ... Continue reading
Oct 25, 2015
* Volkswagen Group, needing to mend its ways, hired a compliance chief with a reputation for toughness from rival Daimler to help stem the fallout of the diesel-emission cheating scandal shattering the automaker. Daimlerâs Christine Hohmann-Dennhardt, 65, will take over a newly created management board position fo ... Continue reading
Volkswagen: EA288 Engines Designed for the EU5 and EU6 are not Affected
Oct 23, 2015
Thorough appraisal of the Diesel emissions issue WOLFSBURG -- October 23, 2015: Volkswagen confirms today that no software constituting an improper defeat device as defined in law is installed in vehicles with EA288 EU5 as well as EU6-engines in the European Union. Consequently, new vehicles of the Volkswagen Group off ... Continue reading
Volkswagen Diesel Vehicle Prices Decline Nearly 16 Percent
Oct 22, 2015
Kelley Blue Booktoday reports that average auction prices, along with new-car shopping activity on KBB.com, for Volkswagen diesel vehicles have declined four weeks after the diesel emissions issue was announced. The average auction price for Volkswagen diesel models dropped by nearly 16 percent since the news broke of ... Continue reading
Volkswagen Issues Voluntary Recalls
Oct 19, 2015
Volkswagen considers the safety and satisfaction of its consumers and passengers a top priority. As such, Volkswagen of America today notified the National Highway Traffic Safety Administration (NHTSA) that it will be issuing a voluntary safety recall affecting the Passenger Occupant Detection System (PODS) control mod ... Continue reading
New Pricing for the 2016 Volkswagen Passat
Oct 19, 2015
volkswagen passat, pricing ... Continue reading
Oct 19, 2015
NHTSA RECALLS: October 18, 2015: NHTSA RECALLS Buick (Airbag) , NHTSA RECALLS Chevrolet (Airbag) , NHTSA RECALLS Cadillac (Airbag) , NHTSA RECALLS GMC (Airbag) , NHTSA RECALLS Kia, NHTSA RECALLS Volkswagen, NHTSA RECALLS Hyundai, NHTSA RECALLS Volvo Bus and Truck Navistar, ... Continue reading
Volkswagen Group Delivers 7.43 Million Vehicles to Customers in First Three Quarters
Oct 16, 2015
Deliveries by the Volkswagen Group from January to September remained almost stable compared with the prior-year level, with 7.43 million vehicles handed over to customers worldwide. Overall, developments in Europe were positive. Western Europe in particular reported growth; most countries in Central and Eastern Europe ... Continue reading
Volkswagen Passenger Cars: 4.35 Million Vheicles Sold in Period to September
Oct 16, 2015
The Volkswagen Passenger Cars brand delivered 4.35 million vehicles from January to September this year. Deliveries continued to grow in Europe in particular. There was also a slight increase in the United States. However, the Russian and Brazilian markets, the largest in their respective region, remain challenging. In ... Continue reading
Volkswagen's Diesel Scandal Speeds Up Development Of Electrified Drive Lines
Oct 15, 2015
New Phaeton will be the all-electric flagship By Henny Hemmes Senior European Editor THE HAGUE, October 15, 2015. Explaining the skullduggery, cheating of Volkswagen itself is not necessary. The issue has been addressed in the media in such a noisy way that you may think that all drivers of a Volkswagen diesel model ar ... Continue reading
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