Business, Technology, Logistics

Volkswagen to Invest $800 Million, Create 1,000 Jobs at Tennessee Plant

Volkswagen Logo Krisztian Bocsi/Bloomberg News

From the Detroit auto show, Volkswagen announced this week plans to invest $800 million in its Chattanooga, Tenn., plant, expecting to create 1,000 jobs in the United States.

January 16, 2019
Business, Technology, Logistics, Autonomous

VW, Ford Join to Build Pickup Trucks, Explore Work on Autonomous Vehicles

Ford at Auto Show Ford Motor Co. President and CEO, Jim Hackett, left, meets with Dr. Herbert Diess, CEO of Volkswagen AG, Jan. 14, 2019, at the North American International Auto Show in Detroit. (Carlos Osorio/Associated Press)

Volkswagen AG and Ford Motor Co. will join forces to build pickup trucks, delivery vans and possibly more, pledging to put old rivalries aside and work together to confront a rapidly changing auto industry.

January 15, 2019
Business, Technology, Autonomous

Daimler, Bosch Cruise Into Robotaxi Era With Slow Shuttles

Concept vehicle Daimler’s Vision Urbanetic with electrically powered chassis has switchable bodies to transform into a cargo-version sibling. (Krisztian Bocsi/Bloomberg News)

Four years ago, Daimler AG dazzled with a self-driving luxury lounge in Las Vegas. This year the Mercedes-Benz maker is back at the annual Consumer Electronics Show, though with a more utilitarian slant: a bubble-like autonomous shuttle designed to reliably ferry people and goods around town at limited speeds.

Christoph Rauwald | Bloomberg News
January 7, 2019
Government, Business, Logistics

VW Mulls Second US Plant, Joint Ford Output After White House Visit

Volkswagen Logo Krisztian Bocsi/Bloomberg News

Volkswagen AG is considering adding a second factory to its U.S. manufacturing footprint and could tap Ford Motor Co. plants to build cars, Herbert Diess, CEO of VW, said after a meeting at the White House.

December 4, 2018
Business, Technology, Fuel, Autonomous

VW to Invest $50 Billion in Autonomous, Electric Cars

VW ID Buzz Volkswagen's ID Buzz on display at the International Frankfurt Motor Show in 2017. (Martin Meissner/AP)

FRANKFURT, Germany — Automaker Volkswagen says it will invest $50 billion (44 billion euros) in developing autonomous and electric cars and expand the appeal of battery-powered cars by selling its upcoming ID compact for about what a diesel-powered Golf costs.

November 16, 2018
Business, Logistics

Imperial Logistics to Operate Volkswagen Group Packaging Center in Germany

Imperial Logistics will begin operating a new Volkswagen Group packaging center in Germany in April as part of the group’s decision to distribute parts through JadeWeserPort.

October 23, 2018
Government, Business, Fuel

EU Investigates German Carmakers for Possible Collusion

VW diesel exhaust pipes Michael Probst/AP

BRUSSELS — European Union regulators have opened an in-depth investigation into whether automakers BMW, Daimler and Volkswagen colluded to limit the development and rollout of car emission control systems.

Lorne Cook and David McHugh | Associated Press
September 18, 2018
Business, Equipment

VW Board Preparing Next Steps for Truck Unit Listing

MAN trucks on the assembly line VW's MAN trucks on an assembly line in Munich, Germany. (Krisztian Bocsi/Bloomberg News)

Volkswagen AG’s board is working toward a decision to list its heavy-truck division, a move that would generate fresh funds for its bid to challenge global leaders Daimler AG and Volvo AB, according to people familiar with the matter.

September 14, 2018
Business, Technology, Safety, Autonomous, TCA

Volkswagen Reportedly Tried to Buy Self-Driving Car Startup Aurora

Self-Driving Car Startup Aurora self-driving car. (Aurora)

Volkswagen apparently wants to be more than just friends with Aurora Innovation, a self-driving car company testing autonomous vehicles in Pittsburgh.

Aaron Aupperlee | The Pittsburgh Tribune-Review
August 24, 2018
Government, Business, Fuel

Volkswagen Posts Profit Increase, Cautions Against ‘Protectionism’

Volkswagen logo on building Krisztian Bocsi/Bloomberg News

FRANKFURT, Germany — Volkswagen said its earnings rose in the second quarter on record sales and fatter profit margins but warned that “growing protectionism” is a threat to the globally connected car industry.

David McHugh | Associated Press
August 1, 2018