The car market in the US is causing problems for many manufacturers – but not VW: despite the exhaust gas scandal, the Wolfsburg-based group is significantly increasing its US sales. By contrast, things were worse for Audi and Daimler in 2018. VW boss Herbert Diess at the Detroit Auto Show (January 2018) Friday, 04.01.2019 09:10… Continue reading VW increases sales in the US by more than four percent
Author: Der Spiegel Online
Many executives had to leave already
In the car industry, there is no stone unturned; e-mobility and digitization are turning the entire industry around. The change does not stop even at the executive level of VW. Volkswagen plant in Wolfsburg Thursday, 27.12.2018 13:36 clock The change in Volkswagen meanwhile has also captured large parts of the management team. In 2018, around… Continue reading Many executives had to leave already
VW reports “abnormalities” in new exhaust software
At VW new irregularities have been noticed – just in the software update for diesel engines. The Federal Motor Transport Authority is on. VW logo in Hannover Sunday, 23.12.2018 12:13 clock At VW internal controls of the new exhaust gas software for diesel vehicles “abnormalities” have been registered. Thereupon one informed “immediately active” the Kraftfahrtbundesamt… Continue reading VW reports “abnormalities” in new exhaust software
Exhaust scandal costs VW this year 5.5 billion
The exhaust gas scandal continues to cost Volkswagen dearly. For the coming years, the Group expects further billions in costs. Getty Images VW logo on car in Wolfsburg Saturday, 22.12.2018 16:41 clock Volkswagen has to spend 5.5 billion euros for consequences of the diesel scandal this year, according to Financial Director Frank Wittwer. “In the… Continue reading Exhaust scandal costs VW this year 5.5 billion
Daimler is investing 20 billion euros in battery cells
Daimler is expanding its “electric offensive”: The car maker has concluded supply contracts for battery cells by 2030. Even before, a large part of the fleet should be powered by electricity. Daimler CEO Dieter Zetsche introduces the E-car EQC (archive image) Tuesday, 11.12.2018 16:17 The automobile company Daimler has announced that it will spend more… Continue reading Daimler is investing 20 billion euros in battery cells
Demoted to petitioners
The bosses of VW, Daimler and BMW are indeed optimistic after their meeting with the US president. Donald Trump made it clear that the German business bosses have no reason to do so. Wednesday, 05.12.2018 11:31 clock Location policy is usually this: Politicians woo potential investors, serving canapes and sparkling wine, and promising subsidies if… Continue reading Demoted to petitioners
Donald Trump invites German automobiles to the White House
For months, US President Donald Trump has attacked German car companies – now he wants to talk: According to media reports, VW, BMW and Daimler have received an invitation to Washington. US President (archive) Wednesday, 21.11.2018 12:22 pm US President Donald Trump According to concurring media reports, direct talks with the leaders of the German… Continue reading Donald Trump invites German automobiles to the White House
Volkswagen tightened bonuses for top managers
Less money for misconduct, repayment in case of gross mistakes – Volkswagen wants to tighten the bonuses of its 450 top managers stricter. The hope: a cultural change. Getty Images VW logo Wednesday, 19.12.2018 14:29 clock From 2019, the Volkswagen Group plans to introduce a new top management compensation system – and above all to… Continue reading Volkswagen tightened bonuses for top managers
Baden-Württemberg wants to sue VW
The state of Baden-Württemberg also bought VW cars with diesel engines, such as police cars. Now the green-black state government wants compensation. An out of court settlement was already wrong. Getty Images Volkswagen Friday, 14.12.2018 21:16 clock Baden-Württemberg’s green-black state government wants to file a claim for damages against VW by the end of the… Continue reading Baden-Württemberg wants to sue VW
Volkswagen expects delivery record
The diesel scandal does not hurt the popularity of Volkswagen apparently: The Group will probably deliver more cars in 2018 than ever before. It did not go so well in the past few months. FREDDY CHAN / EPA-EFE / REX VW plant in China (archive picture) Friday, 14.12.2018 12:43 clock The carmaker Volkswagen expects a… Continue reading Volkswagen expects delivery record