Volkswagen AG’s supervisory board is meeting April 12 to push through a change in top management and organization, after a rushed statement left more questions open than answered.
April 12, 2018BusinessEquipment
VW Weighs Strategic Options for Truck Division Revamp
Volkswagen AG officials are discussing options to prepare the truck division for access to the capital markets, potentially paving the way for an initial public offering of shares or a bond sale by the unit, according to people familiar with the matter.
March 6, 2018BusinessTechnologyEquipmentFuel
VW Unveils Electric Minibus to Take On Uber in App-Based Rides
Volkswagen AG’s Moia division unveiled a six-seater, battery-powered minibus to enter the market of app-based ride hailing and car-pooling, taking on the likes of Uber Technologies Inc.
December 5, 2017Perspective
Opinion: VW Settlement Offers Funds for Purchase of Natural Gas Trucks
The bottom line? If we want cleaner air, we need cleaner trucks.
November 16, 2017GovernmentBusinessTechnologyEquipment
Volkswagen and Daimler Inspected by EU as Cartel Probe Widens
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, 2017BusinessTechnologyEquipmentSafetyFuelAutonomous
VW to Roll Out Electric Trucks, Buses in $1.7 Billion Project
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.
October 11, 2017GovernmentBusinessEquipment
Volkswagen’s Scania Fined $1.03 Billion by European Union for Price Fixing
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.
September 27, 2017Business
Volkswagen Trucks Division Targets Strong Profitability Gain in 2017
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, 2017Business
Navistar, Volkswagen Seal $256 Million Alliance Deal
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.
March 1, 2017Business
Heavy-Duty Diesel, Natural-Gas Engine Advocates Vie for Share of VW Emissions Settlement
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.
November 8, 2016