Volkswagen AG said it will continue to explore an initial public offering of the German manufacturer's Porsche sportscar brand as markets are roiled by Russia's invasion of Ukraine
The plant will start production in December 2024 and have the capacity to manufacture 150,000 cars a year, according to the regulator
The carmaker said sales were 10.5 million vehicles in 2021, including those by affiliates Daihatsu Motors and Hino Motors
The ID series, which Volkswagen produces at its Chinese joint ventures with SAIC Motor and FAW Group, is the backbone of its EV ambitions in China, the world's largest auto market.
The masters of mass production laid out plans to splurge $170 billion over the coming years to preserve their claim on an industry they've dominated
Volkswagen entered the used car market in 2012
Locally assembled at the company's Aurangabad facility, the new Tiguan is based on the globally renowned MQB platform
Demand is rising for "high-tech" automotive chips that can handle more entertainment consumption and increased electrical components in cars, Samsung said
Volkswagen Group is recalling more than 240,000 Audi vehicles in the US and Canada because an electric cable problem can cause a computer to disable the passenger air bag.
Swiss federal prosecutors are set to drop a nearly five-year criminal investigation into Volkswagen's diesel emissions scandal after concluding they did not have a strong enough case to file charges
The lack of chips forced VW to slash output at the sprawling Wolfsburg factory that's about as big as Monaco to the lowest level since the end of the 1950ies
Volkswagen's Wolfsburg plant, the world's largest with over 50,000 employees, does not currently make EVs, but the company plans to produce an electric sedan there from 2026
Under its Trinity project, VW has been developing a flagship electric sedan to be built at Wolfsburg from 2026.
Volkswagen is targeting to corner around 10 per cent of the fast growing mid-sized SUV market in India by next year as it launches its new model Taigun, according to a senior company official
Zellmer expects to see VW's market share grow to 3 per cent in the next five years
Volkswagen's new SUV is set to lock horns with half a dozen rivals
Diess spoke as environmental pressure on the auto sector is ramping up, with the European Commission in July proposing an effective ban on the sale of new petrol and diesel cars from 2035
German carmaker Volkswagen on Tuesday said it will hike prices of hatchback Polo and mid-sized sedan Vento by up to 3 per cent from September 1.
Volkswagen may need to cut production further due to a semiconductor supply bottleneck, the German carmaker said on Thursday.
Cutting duties on electric vehicles even to 25% would not pose a "big threat" to domestic players, says German carmaker's India head