Tag: Volkswagen

Volkswagen Agrees to $3.5 Million Diesel Emissions Settlement With Ohio

WASHINGTON—Volkswagen AG agreed to a $3.5 million settlement with Ohio over claims the German automaker violated state laws by manipulating vehicle computer software in its vehicles to mask carbon dioxide emissions, the state attorney general said. In November, the U.S. Supreme Court rejected Volkswagen’s bid to avoid lawsuits filed by officials in three states including…


Volkswagen Says Global Electric Vehicle Sales Jumped 97 Percent Last Year

Volkswagen Group’s global electric vehicle deliveries nearly doubled last year helped by sales of its ID.4 electric sports utility vehicle and the legacy automaker said it expects the first half of 2022 to be highly volatile due to chip shortages. What Happened The German automaker said it delivered 263,000 all-electric vehicles to customers last year,…


Volkswagen China Shuts Two Plants in Tianjin Due to COVID-19 Outbreaks

BEIJING—Volkswagen Group’s China unit said on Thursday it has shut a plant it jointly runs with FAW Group in the city of Tianjin, as well as a component factory, due to recent COVID-19 outbreaks there. “Due to the recent COVID-19 outbreaks both the FAW-VW vehicle plant and VW Automatic Transmission Tianjin component factory have been…


Volkswagen’s Skoda Auto Reports 12.6 Percent Drop in 2021 Global Deliveries to 878,200 Cars

PRAGUE—Volkswagen’s Skoda Auto said on Tuesday its global deliveries dropped 12.6 percent year-on-year in 2021 to 878,200 cars as the industry suffered from a semiconductor shortage and the impact of the COVID-19 pandemic. Among its regional markets, the Czech carmaker recorded the steepest fall in China, with deliveries down 58.8 percent to 71,200 cars.


Volkswagen Sales Hit 10-year Low in 2021, BMW Races Ahead

BERLIN—Volkswagen Group posted its lowest sales figures in 10 years in 2021 at 8.9 million deliveries, the carmaker said on Wednesday, and it said it expected supply chain conditions to remain volatile in the first half of this year. By contrast, luxury carmaker BMW saw record deliveries of 2.21 million vehicles from the BMW brand,…


Volkswagen’s Production in Wolfsburg to Rise 43 Percent in 2022: Labor Boss

FRANKFURT—Volkswagen expects to produce around 43 percent more vehicles at its main plant in Wolfsburg, its works council head told a German newspaper, a marked improvement from this year but still impacted by an ongoing shortage of semiconductors. This year, Volkswagen expects to produce around 400,000 cars in Wolfsburg, down from what works council head…


Volkswagen Says Patent Suit by Taiwan’s Acer Is Unfounded

BERLIN—Volkswagen said allegations made against it by Acer were unfounded, after a magazine reported that the Taiwanese computer maker had sued the German carmaker for infringing on its mobile network patents. German weekly WirtschaftsWoche had reported earlier on Tuesday that Acer had filed a suit in the U.S. state of Virginia, alleging that Volkswagen had…


Volkswagen Plans to Decide New Gigafactory Locations in First Half of 2022

BERLIN—Volkswagen said on Monday it was looking at locations for planned battery cell plants in Spain and eastern Europe and the exact sites for its third and fourth gigafactories would be determined in the first half of 2022. “By 2030, Volkswagen plans to open two more cell factories in Europe,” the group added in a…


Volkswagen CEO Keeps His Job, Company Ramps up EV Investments

Germany’s Volkswagen Group on Thursday revealed a series of measures that include CEO Herbert Diess keeping his job, overhauling the board, naming a new China leader, and the company raising its five-year spending plan for electric mobility to take on Tesla Inc. The Big Changes The 63-year old Diess will continue as Volkswagen Group CEO…


Volkswagen to Pay $3.5 Million to Resolve Illinois Diesel Lawsuit

WASHINGTON—Volkswagen AG’s U.S. unit will pay $3.5 million to resolve a lawsuit by the state of Illinois against the German automaker for updates of emissions software arising from the 2015 diesel cheating scandal. Last month, the U.S. Supreme Court rejected Volkswagen’s bid to avoid lawsuits filed by officials in other states seeking damages. Volkswagen had…