volkswagen

Government, Business, Technology, Equipment

Volkswagen and Daimler Inspected by EU as Cartel Probe Widens

Alex Kraus/Bloomberg News

Volkswagen AG and Daimler AG were inspected by European Union antitrust investigators as the EU stepped up a probe into allegations the German car industry colluded on technology for decades.

October 23, 2017
Business, Technology, Equipment, Safety, Fuel, Autonomous

VW to Roll Out Electric Trucks, Buses in $1.7 Billion Project

Krisztian Bocsi/Bloomberg News

Volkswagen AG is flanking its push into electric cars with plans to roll out battery-powered commercial vehicles targeted at urban areas as growing public concerns about air quality boost demand.

Christoph Rauwald | Bloomberg News
October 11, 2017
Government, Business, Equipment

Volkswagen’s Scania Fined $1.03 Billion by European Union for Price Fixing

Scania Group

Volkswagen AG’s tarnished reputation suffered another blow after its Scania unit was slapped with a 880.5 million euro ($1.03 billion) fine for fixing truck prices, a year after other members of the cartel reached a record settlement with the European Union.

Aoife White | Bloomberg News
September 27, 2017
Business

Volkswagen Trucks Division Targets Strong Profitability Gain in 2017

Dado Galdieri/Bloomberg News

Volkswagen's truck division aims to significantly increase its profitability this year as deepening cooperation between the MAN and Scania brands and improving overseas markets spur business, the company said March 20.

March 20, 2017
Business

Navistar, Volkswagen Seal $256 Million Alliance Deal

Clarke, Renschler by Bob O'Brien/Navistar

NASHVILLE, Tenn. — Navistar International Corp. and Volkswagen’s Truck & Bus division completed their alliance announced in September, with the German automotive company acquiring 16.2 million common shares, or 16.6% of equity, and the Lisle, Illinois, truck maker getting $256 million.

Jonathan S. Reiskin | Associate News Editor
March 1, 2017
Business

Heavy-Duty Diesel, Natural-Gas Engine Advocates Vie for Share of VW Emissions Settlement

Luke Sharrett/Bloomberg News

Advocates of heavy-duty engines powered by diesel or natural gas are separately vying for a share of the windfall directed at nitrogen oxide mitigation in all 50 states after recent judicial approval of the federal government’s multibillion-dollar settlement with Volkswagen AG.

Roger Gilroy | Senior Reporter
November 8, 2016
Business

VW-Navistar Deal to Yield New Engine Platform for 2021

Volkswagen

HANOVER, Germany — The recently announced Volkswagen-Navistar deal will yield a new North American engine platform for 2021, the top executives with both companies said here.

Neil Abt | Editorial Director
October 3, 2016
Business

Volkswagen Trucks Unit Allocates Development Projects Within Scania, MAN

Volkswagen Group

Volkswagen AG’s heavy-truck business assigned development of components for its largest vehicles to Swedish brand Scania, while MAN will be in charge of mid-sized and smaller models to reduce costs by eliminating duplicated work.

Christoph Rauwald | Bloomberg News
September 28, 2016
Business

Volkswagen’s MAN Plans 1,400 Job Cuts as Turbo-Engine Division Reorganized

Jochen Eckel/Bloomberg News

MAN SE, the German truck-making arm of Volkswagen AG, plans to cut 1,400 jobs at its diesel-engine unit in an attempt to reverse a drop in earnings in that division

Tom Lavell | Bloomberg News
September 23, 2016
Business

Volkswagen Shows Off Electric Commercial Van Concept

Volkswagen Commercial Vehicles

Volkswagen Commercial Vehicles debuted its electric e-Crafter concept van Sept. 21, with a range of about 124 miles and designed for urban deliveries.

September 22, 2016

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