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Volkswagen has paid compensation to most of those affected in the US, but says there is no legal basis to do so in Germany

Volkswagen resumes talks over emissions compensation

Volkswagen and the German consumer protection organisation have agreed to resume talks aimed at reaching a deal in a class action lawsuit over the carmaker's rigging of diesel emissions tests.

Business • 20 Feb 20

Bentley boosted by a 5% sales increase after a strong performance in Europe and the Americas

Bentley returns to profitability as sales rise in 2019

British luxury carmaker Bentley returned to profitability in 2019, helped by a 5% sales increase after a strong performance in Europe and the Americas, the Volkswagen-owned brand said today.

Business • 07 Jan 20

European car sales were driven by robust demand in Germany and France in October

European car sales up 8.6% in October on VW rebound

Passenger car registrations in Europe rose 8.6% in October, to their highest level since 2009, driven by robust demand in Germany and France.

Business • 19 Nov 19

Volkswagen's plant in Wolfsbury in Germany

Volkswagen confident despite braking car market

German car giant Volkswagen said today it was confident of hitting financial targets despite a lower unit sales outlook, warning "vehicle markets will contract faster than previously anticipated in many regions".

Business • 30 Oct 19

Germany's Volkswagen has increased stockpiles of cars in the UK

VW increases stockpiles of cars in UK ahead of Brexit

Volkswagen said it has increased stockpiles of cars in Britain, as politicians struggle to nail down the terms of the country's departure from the European Union ahead of an October 31 deadline.

Business • 09 Oct 19

Volkswagen CEO Herbert Diess facing stock market manipulation charges in Germany

German prosecutors indict VW bosses on emissions case

German prosecutors have accused Volkswagen's CEO of holding back market-moving information on rigged emissions tests four years ago.

Business • 25 Sep 19

Alfa Romeo registrations plummeted by 60.1% year-on-year in August, new figures show

European car registrations slow down by 8.6% in August

European car registrations dropped 8.6% in August as volume brands Nissan, Renault, Fiat and Volkswagen posted double-digit sales declines, according to industry data published today.

Business • 18 Sep 19

Volkswagen will invest $2.6 billion in capital and assets in Ford's self-driving unit Argo AI

Ford, Volkswagen expand alliance to self-driving cars

Global auto giants Volkswagen and Ford said today they were expanding their alliance to include the development of self-driving cars.

Business • 12 Jul 19

The limited, 65-unit run of the 'Beetle Final Edition' will be sold on the internet for a base price of $21,000 per car

Last VW Beetle rolls off Mexican production line

German car giant Volkswagen launched the final edition of its iconic "Beetle" car from its Mexican factory yesterday at a ceremony accompanied by a Mariachi band.

Business • 11 Jul 19

Volkswagen is seeking to capitalise on the premium that truck stocks command over cars

VW aims to raise €1.9 billion from truck unit IPO

Volkswagen said today that it aims to raise up to €1.9 billion by floating a stake of at least 10% in its Traton trucks unit later this month, its second attempt to bring the business to market.

Business • 14 Jun 19

VW managed to lift revenues despite a 6.7% drop in unit sales, to 2.6 million vehicles over the first quarter

Volkswagen dodges weak car market to accelerate in Q1

German car giant Volkswagen today reported a slip in profits in the first quarter, but defied a soft patch in the global car market with rising revenues.

Business • 02 May 19

The European Commission said it had sent statements of objections setting out the charges to the companies

Volkswagen and BMW charged over emissions technology

EU antitrust regulators have charged BMW, Daimler and Volkswagen for hindering competition on emission cleaning technology between 2006 to 2014.

Business • 05 Apr 19

Both Volkswagen and its former CEO Martin Winterkorn have been sued by the SEC over the diesel emissions scandal

SEC sues Volkswagen and former CEO Winterkorn

The US Securities and Exchange Commission has sued Volkswagen and its former chief executive Martin Winterkorn over the German automaker's diesel emissions scandal.

Business • 15 Mar 19

Volkswagen has announced plans to cut up to 7,000 positions in a cost cutting move

VW brand to cut up to 7,000 jobs in new savings drive

Volkswagen will cut up to 7,000 positions, aim to boost productivity and deliver €5.9 billion of annual savings at its core VW brand by 2023, in its latest attempt to raise profitability at its top-selling division.

Business • 13 Mar 19

Volkswagen's chief executive Herbert Diess

Volkswagen accelerates electric car push

Volkswagen said it will launch almost 70 new electric models by 2028, accelerating its rollout of zero-emission cars.

Business • 12 Mar 19

Ford is implementing a massive restructuring in the US and Europe

Ford forecasts Q4 $112m loss amid restructuring costs

Ford said today it expects to post a $112m loss in the fourth quarter of 2018 as the car maker implements a massive restructuring in the US and Europe.

Business • 16 Jan 19

BMW builds 60% of its Mini vehicles at a plant in Oxford

German carmakers warn hard Brexit would be 'fatal'

German carmakers have today warned of fatal consequences if Britain left the European Union without a divorce deal.

Business • 16 Jan 19

Ford and Volkswagen announced their partnership against the backdrop of the Detroit auto show

Volkswagen and Ford team up on trucks

Volkswagen and Ford said today they will join forces on commercial vans and pickups and are exploring shared development of electric and self-driving technology.

Business • 15 Jan 19

Volkswagen was the most popular make of new private cars licensed in October

New car sales see another slowdown in October - CSO

The number of new private cars licensed for the first time fell again in October as imports continued to rise, new figures from the Central Statistics Office show.

Business • 09 Nov 18

Audi's monthly sales were down by 69.4% in Germany, new figures shpw

Audi warns of sales fluctuation as Europe sales slump

Volkswagen's premium brand Audi has said it expected sales in Europe to fluctuate in the coming months after a 55.5% slump in September sales due to supply bottlenecks caused by stricter anti-pollution rules.

Business • 05 Oct 18

Volkswagen will produce a final edition of the iconic car before ending production

Volkswagen to end iconic 'Beetle' cars in 2019

Volkswagen has announced that it will end production of its iconic "Beetle" cars in 2019 following a pair of final editions of the vehicle.

World • 13 Sep 18

Shareholders are seeking compensation for a slide in Volkswagen's share price triggered by the diesel emissions scandal

VW investors seek €9.2bn damages over diesel scandal

Investors took Volkswagen to court to seek compensation for the hit to the car maker's share price from its diesel emissions scandal, with plaintiffs holding out hopes for billions of dollars in damages.

Business • 10 Sep 18

VW shares lost up to 37% of their value in the days after authorities exposed illegal levels of pollution emitted from VW diesel cars

VW faces €9.2 billion investor suit over dieselgate sca

Volkswagen faces a trial next week as investors seek €9.2 billion in compensation arguing that the carmaker should have informed shareholders about a diesel pollution scandal before regulators did in September 2015.

Business • 07 Sep 18

Volkswagen was the most popular make of new private cars licensed in the first half of 2018, new CSO figures show

New car sales up 3.7% in June - CSO

The number of new cars licensed for the first time rose by 3.7% in June, while the number of imports jumped by almost 14% as buyers continued to take advantage of a weaker sterling.

Business • 09 Jul 18

Volkswagen said in January that it initially plans to build up to 5,000 cars per year at its new Rwanda plant (Pic credit Volkswagen)

Volkswagen opens Rwanda's first car plant

Rwanda's first domestically built car rolled off the assembly line at Volkswagen's new factory in Kigali today as Europe's biggest carmaker taps into demand for ride-sharing to expand in the region.

Business • 27 Jun 18