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VW
Business

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.

Christoph Rauwald and Craig Trudell | Bloomberg News
July 22, 2022
Business, Technology, Autonomous

VW, Bosch Team Up on Self-Driving Software

Volkswagen AG is partnering with Robert Bosch GmbH to develop a common software platform to bring hands-free driving functions to the German carmaker’s entire fleet in a bid to compete with Tesla Inc.

Monica Raymunt | Bloomberg News
January 25, 2022
Business, Technology, Fuel, Autonomous

VW CEO Sees Autonomy Transforming Cars More Than Electrification

Volkswagen AG is undergoing the world’s largest industrial overhaul for the electric-vehicle age, plotting half a dozen battery plants just in Europe and retooling assembly lines around the globe. And yet, its CEO sees autonomous-driving technology bringing about an even bigger shift.

Christoph Rauwald | Bloomberg News
June 22, 2021
Business, Equipment

VW Charged With Deceit Over Diesel

French investigators said Volkswagen AG has been charged in a fresh crackdown on alleged deception over diesel emissions that also has embroiled rival Renault SA.

Gaspard Sebag | Bloomberg News
June 9, 2021
Business, Technology, Autonomous

VW Plans to Have Autonomous Microbus Ready for Roads in 2025

Volkswagen AG plans to offer a highly automated version of the hippie-era microbus it’s reviving as an electric van as the carmaker commercializes self-driving technology along with startup Argo AI.

Christoph Rauwald and Keith Naughton | Bloomberg News
May 12, 2021
Business, Technology, Equipment

VW Raises Full-Year Outlook, Warns of Growing Chip Shortage

Volkswagen AG raised its earnings outlook after a strong start to the year, while cautioning that the semiconductor shortage rippling through the industry will become more pronounced in the second quarter.

Christoph Rauwald and Matthew Miller | Bloomberg News
May 6, 2021
Business, Technology, Equipment, Fuel

VW Shares Soar on Plans to Beat Tesla

Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric vehicle leader.

Christoph Rauwald | Bloomberg News
March 16, 2021
Business, Technology, Fuel

VW Plans Europe’s Biggest Battery Push in Electric Offensive

Volkswagen AG is stepping up its game to become the world’s biggest electric car maker with a plan to build six battery factories in Europe and global investments in charging stations.

Christoph Rauwald | Bloomberg News
March 15, 2021
Business, Technology, Autonomous

VW, Microsoft Extend Collaboration to Self-Driving Car Software

Volkswagen AG and Microsoft Corp. are expanding their cooperation involving the U.S. software giant’s cloud technology to include speeding up development of automated driving.

Christoph Rauwald | Bloomberg News
February 11, 2021
Business, Technology, Fuel

VW CEO Says Apple Can Mount Major Challenge With Auto Push

Volkswagen AG CEO Herbert Diess said cash-rich technology giants invading the auto industry pose a much bigger challenge for the German manufacturer than traditional rivals like Toyota Motor Corp.

Christoph Rauwald | Bloomberg News
December 23, 2020

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