QUOTE AND NEWS
Channel News Asia  Nov 18  Comment 
Volkswagen will invest 22.8 billion euros (US$26.9 billion) in its main car brand over the next five years, it said on Saturday, a day after it announced a spending program aimed at bolstering its position as a maker of electric cars.
Forbes  Nov 17  Comment 
Volkswagen balked at recalling about 618,000 vehicles in 2015 for an airbag defect. Now the feds are investigating whether the recall worked and covered enough vehicles.
Channel News Asia  Nov 17  Comment 
WOLFSBURG, Germany: Volkswagen's leaders on Friday approved a five-year spending plan that aims to further the German automaker's goal of transforming itself into a leading force in electric cars. Europe's largest carmaker by unit sales will...
Channel News Asia  Nov 17  Comment 
The U.S. National Highway Traffic Safety Administration said Friday it is opening an investigation into potential air bag failure in 415,000 Volkswagen vehicles after the German automaker issued a recall for the same issue in 2015.
Channel News Asia  Nov 16  Comment 
Volkswagen launched its new Virtus model on Thursday to tap Brazil's highest-volume segment as part of a recovery plan that analysts said will help it regain ground on rivals General Motors and Fiat in South America's largest car market.
Wall Street Journal  Nov 16  Comment 
Volkswagen said it and its Chinese joint-venture partners will jointly invest nearly $12 billion by 2025 in developing electric cars for the local market, enough to roll out a total of 40 models.
Reuters  Nov 15  Comment 
Volkswagen and its unions on Wednesday rebuffed accusations that the carmaker's top labor representative has been overpaid, seeking to calm the waves a day after prosecutors and tax investigators raided the offices of senior VW officials.
Forbes  Nov 14  Comment 
Will 2020's expected wave of electric cars usher in a golden age for retro cars and concepts? Volkswagen is betting big that it will.
Reuters  Nov 14  Comment 
Prosecutors and tax authorities on Tuesday raided the offices of several senior officials of Volkswagen , the German car-maker said.




 

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