(Volkswagen) Volkswagen has inked an e-mobility partnership with Ford that will see the latter use the German rival’s platform for its second electric vehicle for the European market. Under the…
(Volkswagen AG) Shares of Volkswagen rose more than 9% on Tuesday after the company said it was in advanced talks for a potential IPO of the Porsche brand. The automaker…
(Umicore) Volkswagen AG is accelerating its 30 billion euro or $34 billion Europe’s electric car investment goal by creating a joint venture with Umicore for its raw material needs. The…
(FT) Volkswagen CEO Herbert Diess is facing resistance from the group’s powerful works council protesting against a move to reduce staff at the German plants. Diess has been seeking to…
(CNBC) US top bank JPMorgan is aiming for a majority stake in Volkswagen’s payments unit, with up to 75% ownership being considered. The deal is expected to close in the…
Volkswagen AG has contacted other carmakers for “minor” deals to help the automaker meet emission requirements in the US and China, according to Bloomberg. CEO Herbert Diess is confident of…
Volkswagen’s worldwide group sales for March rose 53% year on year to 955,500 vehicles, according to MarketScreener. For the first quarter of the year, worldwide deliveries jumped 21% year on…
A Volkswagen joint venture in China has agreed to purchase green car credits from Tesla to meet local environmental rules, according to Reuters. The deal highlights the scale of the…
Volkswagen aims to more than double deliveries of electric vehicles to 1 million this year, according to Reuters. The carmaker is also offering early or partial retirement to older employees,…
Volkswagen plans to invest about 73 billion euros in e-mobility, hybrid technology, and digitization within the next five years, according to Reuters. The move comes as the company focuses on…