Volkswagen

Volkswagen will invest $340 million in South Africa

Aug. 27, 2015 15:52 CET

Volkswagen is investing more than $340 million in South Africa for new products and infrastructure. Automakers in the country, where Toyota, BMW and Mercedes also produce vehicles, are stepping up exports as the local market shrinks.... Read More »

China's luxury shoppers hit pause amid roiling markets

7:40 am U.S. ET | Aug. 27, 2015

The rout in China stocks is posing another threat to the world's biggest car market, jeopardizing growth plans for companies from Volkswagen AG to General Motors.... Read More »

VW considers exporting Russia-built cars as market slumps

Aug. 26, 2015 18:50 CET

Volkswagen may export Russia-built cars to other countries to offset collapsing sales in the crisis-hit market. The automaker builds VW brand and Skoda vehicles at its Russian plant south of Moscow.... Read More »

VW Group July vehicle sales fall 3.7% on weak China, Russia

Aug. 25, 2015 19:30 CET

Volkswagen's group vehicle sales fell 3.7 percent in July, hurt by weak markets in China, Russia and Brazil and falling volume at the core VW brand. Sales at the group, which includes luxury brands Audi, Porsche and Bentley, along with the VW, Skoda and Seat volume marques, dropped to 792,100, VW said.... Read More »

VW's Seat brand will drop Altea minivan in move to SUVs

Aug. 25, 2015 06:01 CET

Volkswagen Group's Seat unit will discontinue its Altea and Altea XL compact minivans as the brand begins to add a family of SUVs.... Read More »

Daimler 'still confident' in China sales outlook after market plunge

8:19 am U.S. ET | Aug. 24, 2015

Daimler AG, counting on China to provide the most fuel for car demand growth this year, pledged to keep up its investments after the country's biggest stock-market rout since 2007.... Read More »

Audi plans EV crossover to fight Tesla Model X

12:01 am U.S. ET | Aug. 24, 2015

The e-tron quattro concept that Audi plans to unveil next month at the Frankfurt auto show will preview the brand's upcoming Tesla Model X-fighter. A teaser photo and some details of the electric four-seat crossover, likely to be called the Q6, were released last week. Production will start in 2018.... Read More »

Tesla engineer joins Apple's growing team of automated car experts

2:53 pm U.S. ET | Aug. 21, 2015

Apple has hired a senior engineer from Tesla, according to a LinkedIn posting, as part of Apple's effort to build a team of experts in automated driving.... Read More »

VW trims Chinese plant workload as new sites go on stream

Aug. 21, 2015 12:46 CET

VW said average utilization at its Chinese factories will fall as overall production capacity increases with the opening of new plants. The automaker denied it plans to reduce output of key models in China by between 10 percent and 20 percent.... Read More »

VW delays revamp of Phaeton flagship in profit push, report says

Aug. 21, 2015 10:51 CET

Volkswagen is delaying the introduction of the new Phaeton as the automaker seeks to improve returns on the upscale sedan by lowering production and material costs, Bloomberg reported.... Read More »

2015 FRANKFURT AUTO SHOW

Audi teases Tesla Model X fighter, says launch planned for 2018

Aug. 19, 2015 11:06 CET

Audi issued a teaser picture and some details of an all-electric SUV that it will launch to rival the upcoming Tesla Model X. The SUV will have a range of more than 500km (310 miles) and will go into production in 2018 as the brand's first volume electric car, Audi said.... Read More »

Toyota extends halt in Tianjin operations on safety concerns

7:04 am U.S. ET | Aug. 19, 2015

Toyota said today its operations near the Chinese port of Tianjin will remain closed at least until Sunday, extending a suspension originally set through Wednesday, due to safety concerns after last week's deadly chemical explosions in the area.... Read More »

Tesla, VW remain only Takata airbag users without recalls

6:54 am U.S. ET | Aug. 18, 2015

Volkswagen and Tesla are the only automakers that have avoided U.S. recalls while continuing to use Takata Corp. airbag inflators, which have triggered a global safety crisis.... Read More »

Skoda purchasing boss sees sourcing EV parts as a challenge

Aug. 18, 2015 06:01 CET

Veteran Volkswagen Group executive Dieter Seeman became Skoda's purchasing boss last year, moving from a similar position at sister brand Seat. Seeman, 57, spoke to Automotive News Europe Editor Luca Ciferri about purchasing synergies, supplier consolidation and the rise of EVs.... Read More »

Audi launches special sales service for R8 and RS buyers

Aug. 18, 2015 06:01 CET

Audi is rolling out dedicated space in selected showrooms for buyers of its R8 supercar and high-performance RS models. The automaker plans to have 200 so-called Audi Sport dealers in place by the year-end.... Read More »

VW faces NHTSA probe after Takata airbag incident

3:51 pm U.S. ET | Aug. 17, 2015

NHTSA is widening its Takata airbag probe after a Takata side airbag in a Volkswagen SUV ruptured in June.... Read More »

Former Porsche communications chief charged with aiding market manipulation

Aug. 17, 2015 16:17 CET

A German prosecutor charged Porsche's former communications chief, Anton Hunger, with aiding market manipulation related to the purchase of Volkswagen Group shares, after dropping identical charges against Porsche's supervisory board.... Read More »

VW says 2,700 cars damaged in China port blasts

Aug. 17, 2015 12:15 CET

VW said about 2,700 of its imported cars were damaged in last week's blasts at China's largest port for vehicle imports. Toyota said evacuation orders in the area have halted three of its production lines.... Read More »

DAVID SEDGWICK

China's currency move a setback, not a calamity

12:01 am U.S. ET | Aug. 17, 2015

China's devaluation of the yuan will certainly squeeze global automakers' profits -- and it should give a mild boost to Chinese auto exports -- but it's not going to blow up automakers' long-term strategy.... Read More »

Toyota says more than 50 staff injured in China port explosions

6:28 am U.S. ET | Aug. 14, 2015

Toyota said today more than 50 of its employees were injured by Wednesday night's explosions in the Chinese port of Tianjin that killed 56 people. Several other automakers including Volkswagen and Hyundai scrambled to assess damage to their cars and facilities at China's largest auto import hub.... Read More »

VW spent two years trying to hide a security flaw

6:49 am U.S. ET | Aug. 14, 2015

Thousands of cars from a host of manufacturers have spent years at risk of electronic car-hacking, according to expert research that Volkswagen has spent two years trying to suppress in the courts.... Read More »

Mercedes' China surge pushes it past BMW, Audi in July

Aug. 14, 2015 11:55 CET

Mercedes sold more luxury cars worldwide than the Audi and BMW brands in July as its rising deliveries in China defied a market slowdown there. Mercedes' surge left it just 272 units behind Audi after seven months for second place in the global premium-car sales race.... Read More »

VW recalls 420,000 cars in the U.S. to fix airbags

8:47 am U.S. ET | Aug. 14, 2015

VW is recalling as many as 420,000 cars in the U.S. to fix a flaw that may prevent their airbags from deploying in an accident. The recall affects seven models, including the Golf, Jetta and Passat.... Read More »

Thousands of vehicles burned in fatal blast at China port

11:35 am U.S. ET | Aug. 13, 2015

Thousands of vehicles made by at least four automakers were destroyed by a fiery factory explosion in the Chinese city of Tianjin, Chinese media reported. About 50 deaths and 700 injuries were reported. VW, Hyundai-Kia, Renault, and Toyota all lost cars in the explosion, reports said.... Read More »

Audi develops 500km-range battery for electric SUVs

Aug. 13, 2015 16:59 CET

Audi said it will develop batteries for electrically powered SUVs that can run more than 500km per charge. Audi said it will get cell modules for the batteries from LG Chem and Samsung SDI.... Read More »

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