FILE PHOTO: The logo of Audi is seen during the first press day of the Paris auto show, in Paris, France, October 2, 2018. REUTERS/Regis Duvignau BUDAPEST (Reuters) – Volkswagen Group’s (VOWG_p.DE) Audi brand will halt output at its plant in Hungary on Monday, the factory said, after Volkswagen announced a suspension of production at… Continue reading Audi’s Hungarian plant to halt production on Monday
Tag: VW
Volkswagen and PSA will temporarily close Slovak plants
The coronavirus has forced Volkswagen Slovakia to suspend its production only several days after it producing its six millionth car.As this has not happened, the Bratislava-based plant suspended its production on March 16, describing it as “the most responsible solution” under current circumstances.The French car producer PSA will suspend production in its Trnava plant as well.
Volkswagen expects 4.1 billion euros more in diesel-related costs by 2021
FILE PHOTO – An employee fixes a VW sign at a production line of the electric Volkswagen model ID.3 in Zwickau, Germany, February 25, 2020. REUTERS/Matthias Rietschel FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) said its diesel cheating scandal has cost it 31.3 billion euros ($34.69 bln) in fines and settlements, and the German carmaker expects costs… Continue reading Volkswagen expects 4.1 billion euros more in diesel-related costs by 2021
@VW Group: Volkswagen Group and its brands bring 2019 to successful conclusion
The Volkswagen Group brought fiscal year 2019 to a successful conclusion with improved financial results in almost all brands. Dr. Herbert Diess, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, said, “2019 was a very successful year for the Volkswagen Group. We have laid vital groundwork for all relevant changes. 2020 is a very… Continue reading @VW Group: Volkswagen Group and its brands bring 2019 to successful conclusion
Jury Finds Los Angeles Businessman Guilty in $1 Billion Biodiesel Tax Fraud Scheme
Four Members of Kingston Family, including the CEO and CFO of Washakie Renewable Energy, Previously Pleaded Guilty A federal jury in Salt Lake City, Utah, convicted California businessman Lev Aslan Dermen, also known as Levon Termendzhyan, of criminal charges today relating to a $1 billion renewable fuel tax credit fraud scheme, announced Principal Deputy Assistant… Continue reading Jury Finds Los Angeles Businessman Guilty in $1 Billion Biodiesel Tax Fraud Scheme
Lucid Motors To Open 8 Showrooms By End Of 2020 – Forbes
Chief Technology Officer Peter Rawlinson, takes part in a press event for the new “air” electric car … [+] by Lucid Motors Inc. on Wednesday, Dec. 14, 2016, in Fremont, Calif. (Aric Crabb/Bay Area News Group) (Photo by MediaNews Group/Bay Area News via Getty Images) MediaNews Group via Getty Images Lucid Motors rolled out a… Continue reading Lucid Motors To Open 8 Showrooms By End Of 2020 – Forbes
Vertu Motors opens new £5m Mercedes-Benz dealership in Reading
Vertu Motors has completed a £5m Mercedes-Benz dealership in Reading, as part of a major refurbishment project. The new dealership’s showroom and workshop have been being extended. The showroom size has been increased to 14 cars and the service reception designed and refurbished to the latest Mercedes-Benz corporate standards. Mark Gibbings, market area director, Vertu… Continue reading Vertu Motors opens new £5m Mercedes-Benz dealership in Reading
Chinese carmakers snap up talent from Germany’s fading Opel
RAUNHEIM, Germany — Chinese carmakers still have little to show for more than a decade’s worth of efforts to crack Western auto markets. Now Geely and Chery, two of China’s most prominent car groups, are taking a new tack as they seek to offset their slumping home market. Each has set up a key European… Continue reading Chinese carmakers snap up talent from Germany’s fading Opel
Changan: Level 3 vehicle in series
The Chinese manufacturer Changan will roll off China’s first serial Level 3 vehicle. The manufacturer’s semi-autonomous vehicle Changan has recently been presented. It is a sedan that has level 3 automation. This means that you can take care of other things for a short time while driving on the highway. Already wanted in 2018 Audi… Continue reading Changan: Level 3 vehicle in series
Skoda, Hyundai’s Czech plant unions call for production halt: CTK
FILE PHOTO: The sign of a Skoda car is seen during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny PRAGUE (Reuters) – Unions at the Czech car factories of Volkswagen’s (VOWG_p.DE) Skoda Auto and Hyundai Motor Co. (005380.KS) have called for a 14-day quarantine for employees, which would halt production… Continue reading Skoda, Hyundai’s Czech plant unions call for production halt: CTK