German car behemoth Volkswagen said on Friday it had secured 10 years' worth of lithium for electric car batteries from Chinese manufacturer Ganfeng, ensuring supply of a key ingredient for the vital components.
The European Union warned German car giants BMW, Daimler and Volkswagen on Friday that a preliminary inquiry has concluded they colluded to avoid competing on emission control technology.
The Volkswagen group alone is responsible for around 2 percent of global carbon emissions -- roughly the same amount as Germany -- one of the car manufacturer's senior figures said in an interview on Friday.
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.
German car giant Volkswagen on Friday reported steady operating profit and rising revenues in 2018, but said its "dieselgate" emissions cheating scandal again inflicted one-off costs of €3.2 billion ($3.6 billion).
Germany top court on Friday backed Volkswagen owners' claims against the firm over cars rigged to cheat
regulatory emissions tests, in an opinion that could guide lower courts' rulings.
German car giant Volkswagen said Friday it sold a record number of vehicles in 2018 even as it felt the sting from US-China trade tensions and problems with European emissions tests in the final months of the year.
Some 372,000 German owners of Volkswagen cars fitted with motors that cheated emissions tests have joined a
collective legal action against the auto giant, official figures showed Thursday.
German car giant Volkswagen said Thursday it is looking for three billion euros in new savings to help fund its pivot towards electric vehicles, adding that it could not rule out job cuts.
Donald Trump met Tuesday with executives of Germany's three top auto manufacturers, amid efforts by Washington and
Brussels to resolve the US president's complaints about imbalanced trade in the sector.
German auto giant Volkswagen will begin rolling out its last generation of combustion engine cars in 2026, in
its latest green pledge as it looks to turn the corner on the "dieselgate" emissions cheating scandal.
A battle of words erupted between German Transport Minister Andreas Scheuer and EU Commissioner Elzbieta Bienkowska Thursday, after Brussels cancelled a planned ministerial meeting on diesel when Scheuer said he wouldn't attend.
German auto giant Volkswagen said Friday it will invest 44 billion euros by 2023 in the smarter, greener cars of the future as it ramps up efforts to shake off the "dieselgate" emissions cheating scandal.
Volkswagen will on Thursday get a taste of the anger felt by duped German diesel drivers when consumer groups file the country's first class-action suit over an emissions cheating scandal.
German judges on Wednesday ordered Volkswagen's largest shareholder, holding company Porsche SE, to pay damages to some of its own investors over its handling of the car giant's "dieselgate" emissions scandal.
Volkswagen said Tuesday its
subsidiary Audi had agreed to pay an €800 million fine issued by German prosecutors to close a diesel cheating investigation.
Setting European Union targets for reducing cars' greenhouse gas output that are too ambitious could backfire with the loss of 100,000 jobs, Volkswagen chief executive Herbert Diess said
Thursday.
Diesel drivers in Berlin faced the prospect of bans from major arterial roads as a court Tuesday ordered the German capital must follow in the footsteps of Hamburg, Frankfurt and Stuttgart with exclusion zones.
German car giant Volkswagen said Tuesday it was removing Rupert Stadler, the chief executive of subsidiary Audi who has been jailed in an emissions fraud probe since June, from his post and the parent group's board.
The German government will Tuesday present its compromise on the way forward for millions of people with older, more polluting diesel cars, with manufacturers potentially facing a steep bill for the crisis precipitated by an emissions cheating scandal.
German Chancellor Angela Merkel's government is slated to agree late Monday how to clean up city air polluted by diesel exhaust and who will foot the bill, after protracted wrestling with the powerful car industry.
Volkswagen announced Thursday it would end production of its iconic "Beetle" cars in 2019 after adding a pair of final editions of the insect-inspired vehicles.
A German court on Wednesday began hearing a lawsuit pitting Porsche SE, the majority shareholder in Volkswagen (VW), against angry investors who say they were told too late about the 'diesel emissions' cheating scandal.
The first major German court case against Volkswagen over the 'dieselgate' scandal that has shaken up the car industry opened Monday, as investors pursue the world's largest automaker for
billions in compensation.
