Volkswagen US agrees to compensate victims of Takata Airbag explosions

The United States division of Volkswagen reached an agreement, totaling $42 million, due to defective Takata air bag inflators, as per a filing at a Miami-based United States District Court. Photo by Liam Gant on Pexels.com The agreement emerges as the most recent one by key automobile manufacturers, with the majority of the funds channeled … Continue reading Volkswagen US agrees to compensate victims of Takata Airbag explosions

A consultancy report on Volkswagen Group

A CONSULTANCY REPORT ON HOW TO IMPROVE VOLKSWAGEN’S COMPETITIVE ADVANTAGE AND CREATE SUSTAINABLE GROWTH THROUGH RESPONSIBLE MANAGEMENT AND REDUCED PRICE   TABLE OF CONTENT EXECUTIVE SUMMARY                                                            … Continue reading A consultancy report on Volkswagen Group

Volkswagen fined 1 billion euros by German authorities over diesel scandal

Prosecutors in Germany have imposed a $1.2 billion fine on Volkswagen for rigging diesel engine emissions worldwide. The €1 billion ($1.2 billion) penalty was announced Wednesday by public prosecutors and the company, which said it was hoping to turn a page on a scandal that has rocked the company and killed industry sales of diesel … Continue reading Volkswagen fined 1 billion euros by German authorities over diesel scandal

VW To Halt Golf Production As Supplier Dispute Hits 4 German Plants.

MUNICH -- Volkswagen Group is stopping production of its Golf hatchback at its main German factory in Wolfsburg as a dispute with two key suppliers escalates, reports said. The automaker is also cutting working hours at three other plants across Germany. Image: File Photo VW said Golf production was being hit because supplier ES Automobilguss … Continue reading VW To Halt Golf Production As Supplier Dispute Hits 4 German Plants.