VW preps new strategy to become 'mobility provider'Fri, 20, May 2016
Volkswagen, aiming to become a "mobility provider," will introduce a new strategy comprising eight key initiatives in mid-June, CEO Matthias Mueller said Friday in a speech to senior company managers. The embattled automaker has been working on a new blueprint for its core auto business that it hopes will boost profitability once it emerges from an emissions test-rigging scandal.
VW Group faces U.S. patent probe over hybridsWed, 18, May 2016
The U.S. International Trade Commission launched an investigation into whether Volkswagen AG and its subsidiaries infringed upon hybrid electric vehicle patents owned by Baltimore-based Paice.
Activist investor TCI presses VW to cut management payFri, 06, May 2016
Activist investor TCI Fund Management slammed VW for excessive executive pay in light of poor stock performance and bloated costs that hurt earnings even before the diesel-emissions scandal in 2015 that caused the company's biggest-ever loss.
VW's U.S. slump hits 6-month markTue, 03, May 2016
Continued weakness in the Volkswagen brand's core lineup of passenger cars dragged down its U.S. sales for the sixth consecutive month in April while Audi continued to roll, notching its 64th-straight monthly record.
VW whips up miracle view of U.S.Sun, 01, May 2016
The U.S. may be ground zero for Volkswagen's diesel scandal, but company executives proclaimed it the most important source of long-term growth for VW and said they are at work on a new brand strategy for the region.
With Golf R400 canceled, VW shifts to Golf RMon, 25, Apr 2016
After canceling plans for a 395-hp Golf R400, Volkswagen is weighing its options for the next generation of the Golf R.
VW concept could preview next TouaregMon, 25, Apr 2016
A luxury SUV concept VW unveiled at the Beijing auto show could preview the redesigned Touareg due in 2017. The T-Prime Concept GTE, hinting at the future styling of VW's crossovers and SUVs, features a plug-in hybrid powertrain paired with 4Motion all-wheel drive.