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Automaker Volkswagen is accelerating its move into battery-powered cars, saying it will reach its goal of 1 million electric cars per year two years earlier than planned.
CHATTANOOGA, Tenn. – Volkswagen is making Tennessee its North American base for electric vehicle production, breaking ground on an $800 million expansion at its plant in Chattanooga.
The full Volkswagen board of directors has defended CEO Herbert Diess and Chairman Hans Dieter Poetsch against charges the two failed to give investors timely notice of the company’s impending diesel emissions scandal in 2015.
German prosecutors said Tuesday they have charged Volkswagen’s current chief executive and chairman as well as its former CEO with market manipulation in connection with the diesel emissions scandal that erupted in 2015.
Volkswagen has agreed to pay up to 127 million Australian dollars ($87 million) to settle an Australian class action stemming from the 2015 diesel emissions scandal, the German automaker and a lawyer said Monday.
Four major automakers have reached a deal with California to increase gas mileage and greenhouse gas emissions standards, bypassing the Trump administration’s push to freeze requirements at 2021 levels.
The little Golf is Volkswagen’s smallest vehicle — and its most versatile. VW campaigns five distinct vehicles — a mix of hatchbacks and station wagons — under the Golf banner. They range from the essential five-door Golf hatch ($21,845) to the track-friendly Golf R ($40,395)....
Volkswagen will invest $2.6 billion into a Pittsburgh autonomous vehicle company that’s mostly owned by Ford as part of a broader partnership on electric and self-driving vehicles, the companies confirmed Friday.
Volkswagen is halting production of the last version of its Beetle model this week at its plant in Puebla, Mexico. It’s the end of the road for a vehicle that has symbolized many things over a history spanning eight decades since 1938.
Two fully electric buses will be added to STA’s fleet, paid for with proceeds from Volkswagen’s diesel-vehicle scandal and subsequent financial settlements.
German prosecutors have indicted former Volkswagen CEO Martin Winterkorn and four others on charges of fraud and unfair competition.