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17 Nov 2018

Latest Volkswagen News

VW corrects its EV commitment plans

Volkswagen Group corrected a key figure used by CEO Herbert Diess in an interview with Automotive News to describe the extent of the automaker's plans for electric vehicles.   ...read more


Source: Automotive News

Published: Fri, Nov 16 2018

VW to spend $50.2 billion on electric, autonomous vehicles by 2023

Volkswagen Group said it will spend 44 billion euros ($50.2 billion) on electric vehicles, digitalization, autonomous driving and new mobility services by 2023. The 44 billion euro plan is 10 billion euros ($11.   ...read more


Source: Automotive News

Published: Fri, Nov 16 2018

VW CEO Diess will succeed Jochem Heizmann as China chief next year

Volkswagen Group CEO Herbert Diess will take on responsibility for the automaker's business in China in addition to his other duties.   ...read more


Source: Automotive News

Published: Fri, Nov 16 2018

VW invests in electrification, seeks to strengthen alliances with battery makers and rival automakers

VW's top board is due to vote on a multibillion-euro investment plan, including steps to retool three German plants to mass produce EVs and to explore alliances with battery partners and competitors.   ...read more


Source: Automotive News

Published: Fri, Nov 16 2018

VW to create Europe's largest electric-car production network

VW will convert two more plants in Germany to build electric vehicles, creating what the automaker said will be Europe's largest EV production network.   ...read more


Source: Automotive News

Published: Fri, Nov 16 2018

VW tools German plant for Tesla-fighting electric cars

Volkswagen will invest $1.4 billion to revamp a plant in eastern Germany into Europe's largest electric-car factory, giving chase to a global move into affordable zero-emission vehicles.   ...read more


Source: Automotive News

Published: Fri, Nov 16 2018

Ford open to investors in autonomous vehicles but cautious on VW, Hackett says

Ford CEO Jim Hackett says the automaker is open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG is a "delicate dance."   ...read more


Source: Automotive News

Published: Thu, Nov 15 2018