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Volkswagen to cut up to 7 000 jobs by 2023

13 March 2019, 10:36 AM

German automaker Volkswagen said it would eliminate up to 7 000 jobs by 2023 as it seeks to accelerate its transition to electric vehicles, although the cuts should be achieved via retirement offers.

VW expands electric car sales for greenhouse emission tests

12 March 2019, 11:30 AM

Mammoth German carmaker, Volkswagen, massively expanded its plans on Tuesday for electric car sales in the coming decade, as its scramble to meet tougher greenhouse emissions targets has already begun weighing on profitability.

BMW black car

Germany fines BMW 8.5 mln euros over diesel emissions

25 February 2019, 4:23 PM

German prosecutors said Monday they had fined high-end carmaker BMW 8.5 million euros ($9.6 million) over diesel cars with higher harmful emissions than allowed, while adding the infraction was down to error rather than deliberate fraud.

Hans-Dieter Poetsch

Small electric cars may be unaffordable for some -VW chairman

20 January 2019, 3:18 PM

The move to electric vehicles will make cars significantly more expensive, meaning they may become unaffordable for people on low incomes in the future, the chairman of Volkswagen said in an interview published on Sunday.

The President and CEO of Ford Motor Company Jim Hackett, shakes hands with Volkswagen CEO Herbert Diess.

VW, Ford team up on trucks, eye deals on EVs, self-driving cars

16 January 2019, 7:51 AM

Volkswagen AG and Ford Motor Co said on Tuesday they will join forces on commercial vans and pickups and are exploring joint development of electric and self-driving technology, actions meant to save the automakers billions of dollars.

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