VW
VW’s Traton Boosts Bid for Navistar to $3.6 Billion
International trucks are parked in a lot outside the Navistar facility in Melrose Park, Ill. (Scott Olson/Getty Images)
Navistar International Corp. confirmed that Volkswagen AG’s heavy-truck business boosted its bid to buy the rest of the U.S. manufacturer for $3.6 billion.
September 10, 2020Musk Test-Drives VW Electric Car in Meeting With CEO Diess
Elon Musk speaks at the site of the new Tesla Gigafactory in Germany on Sept. 3. (Maja Hitij/Getty Images)
Before Tesla Inc. CEO Elon Musk returned to the U.S. after a three-day visit to Germany, he made a final stopover to meet with one of his biggest competitors — Volkswagen AG CEO Herbert Diess.
September 4, 2020VW CEO Backs Bill Gates’ Proposals for Greener Transportation
Empty electric automobile charging bays sit in an employee parking lot at the Volkswagen AG headquarter factory in Wolfsburg, Germany, on Aug. 25. (Krisztian Bocsi/Bloomberg News)
Volkswagen AG’s CEO encouraged Bill Gates to advise governments on how to lower carbon emissions from transportation and renewed his criticism of Germany’s slow abandonment of coal power.
August 27, 2020SAF-Holland to Supply Air Suspension for VW E-Delivery Truck in Brazil
SAF-Holland
SAF-Holland announced it has been selected to supply the rear-drive air suspensions for the new VW electric delivery truck in Brazil.
August 3, 2020VW CEO Herbert Diess Lauds Elon Musk Over Tesla’s Earnings
Elon Musk waves during the Satellite 2020 Conference in Washington on March 9. (Andrew Harrer/Bloomberg News)
Volkswagen AG’s CEO again praised Tesla Inc.’s Elon Musk, this time for showing it’s possible to profit off electric cars even in the midst of a global pandemic.
July 24, 2020Volkswagen CEO Herbert Diess Giving Up Managing VW Brand
Volkswagen CEO Herbert Diess by Krisztian Bocsi/Bloomberg News
Herbert Diess, CEO of Volkswagen, ceded direct control of the German company’s main passenger car brand after clashing with labor unions over production issues affecting two key models.
June 8, 2020VW’s Diesel Woes Mount as EU Court Adviser Attacks Defeat Device
An employee uses a power tool to secure the suspension system near the exhaust on the rear of a VW Golf GTI automobile in Wolfsburg, Germany, in March 2018. (Bloomberg News)
Volkswagen AG’s use of technology that helped it to cheat on diesel engine pollution tests violated European Union rules, an EU legal adviser warned in the second setback for the automaker at the bloc’s highest court this month.
April 30, 2020VW Considers Options for Record $3.6 Billion Dividend
New Volkswagen Passat automobiles are transported on a railway vehicle carrier outside the inactive VW automobile factory in Zwickau, Germany, on April 2. (Krisztian Bocsi/Bloomberg News)
Volkswagen AG is considering whether to pay out a record 3.3 billion-euro ($3.6 billion) dividend as planned, or use at least part of it to shore up its finances for what is shaping up to be the biggest economic crisis since World War II.
April 8, 2020VW Used Defeat Devices in Diesel Engines, UK High Court Rules
(Krisztian Bocsi/Bloomberg News)
A court in the United Kingdom ruled that Volkswagen AG used a so-called defeat device to help its diesel vehicles beat emissions tests, a decision that allows 91,000 customers to proceed with a class action against the carmaker.
April 6, 2020VW Shutters Europe Plants as Pandemic Slams Auto Industry
Travelers pass a VW advertisement on a railway station subway wall near company headquarters in Wolfsburg, Germany, on March 12. (Krisztian Bocsi/Bloomberg News)
Volkswagen AG will halt production at its plants in Europe, deepening the economic pain the rapidly spreading coronavirus is inflicting on the struggling car industry.
March 17, 2020