BERLIN (AP) — Automaker Volkswagen AG says it is investing 1 billion euros ($1.12 billion) to set up a battery production plant in Germany.
Volkswagen CEO expects stiffer headwinds after ‘decent’ 2018
FRANKFURT, Germany (AP) — Volkswagen says it increased operating earnings and sales last year despite troubles getting vehicles certified under new European emissions tests.
VW, Ford team up on pickups, explore deal on electrics
FRANKFURT, Germany (AP) — Volkswagen and Ford are forming a global alliance to develop commercial vans and medium-sized pickups together while exploring broader cooperation on future battery-powered and autonomous vehicles and services.
Volkswagen CEO Herbert Diess and Ford CEO Jim Hackett said Tuesday that the first jointly developed vehicles could hit the market as early as 2022 and that the linkup would offer efficiencies that would mean stronger profits starting in 2023.
The Latest: Infiniti electric concept car makes debut
DETROIT (AP) — The Latest on the Detroit auto show (all times local):
An Infiniti concept electric SUV that ruined a press conference because it wouldn't move from back stage is now on display at the Detroit auto show.
The Infiniti QX Inspiration concept missed its introduction Monday morning and remained covered by a black tarp until early afternoon. The sleek white concept vehicle was being photographed on the stage.
Ford, Volkswagen in talks to build VWs at US Ford plants
REDFORD TOWNSHIP, Mich. (AP) — Ford and Volkswagen are in talks about building VW vehicles in some of Ford's U.S. factories.
VW CEO Herbert Diess told reporters after a meeting at the White House that the automaker in talks with Ford. The meeting was held Tuesday with executives from VW, BMW and Daimler to discuss trade issues.
Volkswagen sees profit rise but warns on trade disputes
FRANKFURT, Germany (AP) — Volkswagen said its earnings rose in the second quarter on record sales and fatter profit margins, but warned that "growing protectionism" is a threat to the globally connected car industry.
The automaker based in Wolfsburg, Germany, said Wednesday that profit increased 6.8 percent to 3.31 billion ($3.85 billion) euros, despite a charge of 1.6 billion euros for the company's lingering diesel emissions scandal.
- Business WireADDING MULTIMEDIA Ford – Volkswagen Expand Their Global Collaboration to Advance Autonomous Driving, Electrification and Better Serve CustomersJuly 12, 2019
- Business WireFord – Volkswagen Expand Their Global Collaboration to Advance Autonomous Driving, Electrification and Better Serve CustomersJuly 12, 2019