VW Proposes 10% Pay Cut in Effort to Avoid Factory Closures
Arne Meiswinkel, the automaker’s chief negotiator, said the plan includes a 10% pay cut and revised bonus system. The measures aim to strengthen the VW brand.
VW Urges EU to Rethink Emissions Targets Amid Job Cuts
Volkswagen Chairman Hans Dieter Pötsch said "politicians have given the industry targets without the necessary infrastructure being available."
Ex-VW Chief Sticks to Story on 2015 Diesel Testing Scandal
Former Volkswagen AG CEO Martin Winterkorn has again rejected any blame for a 2015 scandal in which the company used a so-called defeat device to undermine carbon emission testing.
VW Sees Positive Results for Potential Breakthrough Battery
Volkswagen said its battery startup has seen positive results with solid-state cells for electric vehicles, a win for the carmaker as it pushes to make EVs more efficient and less expensive.
Ex-Audi CEO Pleads Guilty to Diesel Emissions Charges
FRANKFURT, Germany — The former head of Volkswagen’s luxury division Audi pleaded guilty May 16 to charges tied to the automaker’s diesel emissions scandal.
May 16, 2023VW Increases Investments in EV, Software Technologies
Volkswagen AG is increasing investments in software and EVs to close the gap to Tesla and halt a decline in China just as the threat of a demand slowdown hangs over the automotive market.
Volkswagen Emission Software is Faulty, German Court Rules
A Volkswagen AG Golf model that regulates polluting emissions based on the outside temperature doesn’t comply with the law, a German court ruled.
German Court Rejects Greenpeace Lawsuit Against VW
BERLIN — A German court on Feb. 14 rejected a lawsuit by environmental group Greenpeace aiming to force automaker Volkswagen to stop selling vehicles with combustion engines by 2030.
February 14, 2023Volkswagen Misses Full-Year Cash Target After Supply Chain Woes
Volkswagen AG missed its cash-flow target for the year after supply chain and logistics disruptions in recent months left the carmaker with unsold vehicles.
Oliver Blume to Replace Herbert Diess as CEO at VW
Volkswagen AG will elevate Porsche chief Oliver Blume to replace Herbert Diess, who will leave his position leading the world’s second-largest automaker in a surprise shake-up.