The Latest Breaking News from Volkswagen

Volkswagen Chief Warns Brand Has 'One, Maybe Two' Years To Get It Together

Today on Critical Materials: VW puts a clock on getting their ship in order, BYD pauses its Mexico plans and Ultium workers in Tennessee join the UAW.

InsideEVs · Sep 5, 2024

Deutsche Bank CEO urges Germans to work harder to pull the country out of its economic lull

“We simply have to tell our fellow citizens that we have to do more again,” Deutsche Bank’s Christian Sewing said.

Fortune · Sep 5, 2024

VW slams production into reverse as industry faces battles on all sides

Plan to cut German factories is politically fraught but makes sense economically given Chinese competition, falling demand and CO2 rules

The Guardian - UK · Sep 5, 2024

Ex-VW Boss Tells Trial 'Dieselgate' Charges Are 'Implausible'

Former Volkswagen CEO Martin Winterkorn said Wednesday the charges against him were "implausible" as he testified at his trial over the "dieselgate" scandal that rocked the German auto titan.

International Business Times · Sep 4, 2024

Volkswagen has ‘a year, maybe two to turn around’, financial chief warns

Carmaker defends plan to close German plants as Volvo ditches target to sell only electric cars by 2030

The Guardian - UK · Sep 4, 2024

Volkswagen CEO Oliver Blume will spar with one of Germany's fiercest worker groups over his €10 billion cost-cutting plan to save the carmaker

Volkswagen is a unique case—half the seats in its supervisory board are controlled by labor representatives, who can determine the company’s future course.

Fortune · Sep 4, 2024

Lebanon's ex-central bank chief arrested over alleged financial crimes

Lebanon's former central bank governor, Riad Salameh, has been arrested in Beirut. Once lauded for reviving the country's economy after the civil war, Salameh's later years in office were marred by allegations of financial crimes including embezzlement and money laundering. Plus, the trial against Martin Winterkorn, the former CEO of…

France 24 · Sep 3, 2024

Scout Motors Will Reveal Its SUV And Truck On October 24

Volkswagen is reviving the iconic Scout brand to make a line of rugged EVs. The reveal event is just around the corner.

InsideEVs · Sep 3, 2024

The 2025 Volkswagen Jetta GLI Starts at $33,940

The six-speed manual and seven-speed dual-clutch automatic are the same price.

Motor1 · Sep 3, 2024

Volkswagen May Close Factories In Europe: ‘It’s A Catastrophe’

Volkswagen is considering to shut down one plant and one components factory in Germany to cut costs amid rising competition from China.

InsideEVs · Sep 3, 2024