Volkswagen

Update news Volkswagen

Car sales in November failed to meet expectations even though the year-end shopping season has started and despite various discounts of up to hundreds of millions of dong.

Renowned automobile brands to join Vietnam Motor Show 2019

The Vietnam Motor Show 2019 (VMS 2019) will be held at the Saigon Exhibition and Convention Centre from October 23-27.

Volkswagen sold over 10 million cars last year. Only 1% were electrified

 Volkswagen sold a record 10.8 million cars in 2018. Only 100,000 were electrified.

Volkswagen is 'second mover' in electric commercial vehicles: executive

 Volkswagen is a “second mover” in electrified commercial vehicles, after lagging companies such as Tesla and Deutsche Post DHL in putting them on the road, the head of VW’s trucks business told a German newspaper.

Volkswagen spends billions more on electric cars in search for mass market

 Volkswagen is stepping up its shift to electric cars and plans to invest more than 20 billion euros ($24 billion) in zero-emission vehicles by 2030 to challenge pioneer Tesla in creating a mass market.

China urges GM, Mercedes-Benz and Volkswagen to recall cars with faulty air bags

 China's top quality watchdog has asked General Motors, Daimler's Mercedes-Benz and Volkswagen to fulfill their obligations to recall vehicles in China affected by faulty Takata air bags, 

EU consumer agencies to join forces to press VW over dieselgate scandal

 European national consumer agencies plan joint action to seek compensation for Volkswagen (VOWG_p.DE) drivers who bought emissions-cheating diesel cars on the strength of their green credentials,

Volkswagen to pay $175 million to U.S. lawyers suing over emissions

 Volkswagen AG (VOWG_p.DE), in another step to move past its costly diesel emissions cheating scandal, has agreed to pay $175 million to U.S. lawyers suing the German automaker on behalf of the owners of 475,000 polluting vehicles,

EU will take action against states over car emissions

 The European Union will take legal action against some member states for failing to police car emission rules, its industry commissioner said on Friday, and is stepping up efforts to seek redress for consumers cheated by Volkswagen (VOWG_p.DE).

Norway's wealth fund to sue Volkswagen over emissions scandal

 Norway's sovereign wealth fund, the world's largest, said on Sunday it plans to join the class-action lawsuits filed against Volkswagen AG over the German automaker's emissions scandal.

U.S. FTC sues Volkswagen over diesel advertising claims

The U.S. Federal Trade Commission on Tuesday sued Volkswagen Group of America, saying the U.S. arm of the German automaker falsely advertised more than a half million diesel vehicles as environmentally friendly

Car-part import tariffs may discourage Volkswagen

Will Phu Thai Holdings give up a plan to assemble Volkswagen cars in Vietnam? The Ministry of Finance (MOF) has said it cannot satisfy the requirements to be able to enjoy low car part import tariffs.

Volkswagen says 800,000 cars may have false CO2 levels

 Shares in VW have dropped after it reported "irregularities" in carbon dioxide emissions levels, which could affect around 800,000 cars in Europe.

VW ordered to recall 2.4 million cars in Germany

 Volkswagen has been ordered to recall 2.4 million cars in Germany by the country's automotive watchdog as a result of the diesel emissions scandal.

EU bank chief 'could recall VW loans'

 The European Investment Bank (EIB) could recall loans it gave to Volkswagen, its president told a German newspaper.

Will Volkswagen assemble cars in Vietnam?

VietNamNet Bridge - The news that Phu Thai Holdings is speeding up negotiations to become the assembler and distributor of Volkswagen cars in Vietnam has been reported in many newspapers recently. 

VW scandal: Company warned over test cheating years ago

 A Volkswagen engineer warned the company about cheating over its emission tests as early as 2011, a German newspaper reports.

Volkswagen chief executive Martin Winterkorn resigns

 Volkswagen chief executive Martin Winterkorn has resigned following the revelation that the firm manipulated US diesel car emissions tests.

Volkswagen facing multiple US probes

 Volkswagen is facing multiple investigations in the United States, including, reports say, a criminal probe from the Department of Justice.