Articles Tagged with "VW"
Volkswagen (VOWG_p.DE) will spend nearly 3.4 billion zlotys ($1.1 billion) on a new factory to build the Crafter delivery van in Poland, moving output out of high-cost Germany in the company's biggest-ever commercial vehicle project.
Mar. 20 , 2014German automaker Volkswagen (VOWG_p.DE) will reinforce steps to boost earnings in coming years as its long-planned target to increase sales to over 10 million cars a year is almost met.
Mar. 14 , 2014Volkswagen has recently announced a recall of 640,309 Chinese cars and minivans due to a suspected flaw in which the synthetic oil in the vehicles' DSG transmission systems may cause an electrical problem. VW has promised to replace the synthetic oil with mineral oil, while simultaneously updating the transmission system's control software. This marks the second large-scale recall announced by VW in the country and has once again aroused suspicion about the build quality of their DSG transmissions. To better understand industry viewpoints on the recent trouble with the transmission systems, Gasgoo.com (Chinese) held a weeklong survey, inviting 1,563 analysts and figures to answer questions regarding the issue.
Mar. 10 , 2014Volkswagen (VOWG_p.DE) plans to buy out minority shareholders of Swedish trucks division Scania (SCVb.ST) for 6.7 billion euros ($9.21 billion) as it aims to jump-start a stalled eight-year effort to forge Europe's biggest truckmaker.
Feb. 25 , 2014Volkswagen's works council said it would press on with efforts to set up labor representation at its Chattanooga, Tennessee plant, undeterred by a workers' vote against any such step involving the United Auto Workers union (UAW).
Feb. 20 , 2014Volkswagen AG's (VOWG_p.DE) top labor representative has dubbed the carmaker's U.S. operations a "disaster" and called for more models and swift decisions to revive the German group's declining fortunes in the world's second-largest auto market.
Jan. 24 , 2014