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volkswagen
Government, Business, Technology, TCA

German Agency OKs Volkswagen’s Plans to Buy Rivian Stake

Rivian R1T

BERLIN — The German Federal Cartel Office has approved plans by carmaker Volkswagen to buy a stake in U.S. electric car manufacturer Rivian, it said July 29.

dpa | Hamburg, Germany
July 29, 2024
Business, Technology, Fuel

Rivian to Form EV Venture With $5 Billion From Volkswagen

Rivian R3 prototype crossover EV

Volkswagen will invest $5 billion to form a joint venture with electric vehicle maker Rivian Automotive, throwing a lifeline to the startup and giving VW access to Rivian's technology.

Kara Carlson and Keith Naughton | Bloomberg News
June 25, 2024
Business, Fuel

VW Brand to Beef Up Hybrid Offerings as EV Shift Stumbles

VW logo on vehicle

Volkswagen AG’s namesake brand plans to bolster its offering of plug-in hybrid cars in response to a slowdown in demand for fully electric vehicles.

Monica Raymunt | Bloomberg News
May 8, 2024
Business, Technology, Safety, Fuel, Autonomous, TCA

VW to Test Driverless ID Buzz Van With Passengers on Board

ID Buzz

HANOVER, Germany — Volkswagen Commercial Vehicles is to test its self-driving ID Buzz AD electric van for the first time under realistic conditions and with passengers on board.

dpa | Hamburg, Germany
March 22, 2024
Government, Business, Equipment

Court Rejects VW’s Plan to Fix Engines With Software Update

VW plant in Germany

Volkswagen AG lost another lawsuit in a German court over its software fix for engines in the wake of the diesel scandal that tarnished the reputation of Europe’s biggest carmaker.

Karin Matussek | Bloomberg News
January 17, 2024
Business, Equipment

Volkswagen Tells Workers to Brace for Job Cuts

VW branding

Volkswagen AG signaled it’s willing to push for job cuts at its namesake brand to reduce expenses and improve profitability.

Monica Raymunt | Bloomberg News
November 27, 2023
Government, Business, Technology, Fuel

Canada Matches US Subsidies to Win VW EV Battery Plant

Canadian Prime Minister Justin Trudeau

Canada agreed to subsidies that may top C$13 billion ($9.7 billion) over a decade to land an electric vehicle battery plant by Volkswagen AG, the company’s first gigafactory outside Europe.

Brian Platt | Bloomberg News
April 20, 2023
Business, Logistics

Volkswagen Misses Full-Year Cash Target After Supply Chain Woes

Employees work on a Volkswagen AG ID.5 electric SUV

Volkswagen AG missed its cash-flow target for the year after supply chain and logistics disruptions in recent months left the carmaker with unsold vehicles.

Monica Raymunt | Bloomberg News
February 8, 2023
Business, Technology, Equipment

VW Tries to Fix Electric Shift With New SUV, Factory Revamp

Workers on the Volkswagen Golf 8 automobile assembly line

Volkswagen AG is overhauling its main factory in Germany to make two additional battery cars as Europe’s biggest automaker tries to get its electric shift back on track.

Monica Raymunt | Bloomberg News
December 7, 2022
Business, Technology

Volkswagen Weighs Foxconn Partnership to Aid American EV Push

A Volkswagen AG logo

Volkswagen AG may tap Taiwan’s Foxconn Technology Group to make electric pickups and sport utility vehicles in the U.S., according to a person familiar with the matter

Monica Raymunt | Bloomberg News
November 29, 2022

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