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In 2016, a U.S. judge approved Volkswagen's $14.7 billion settlement with regulators and the owners of 475,000 VW vehicles, which used secretly installed software to cheat diesel-emissions tests.
Volkswagen argues that it must lower costs in Germany to levels achieved by competitors and by Volkswagen plants in eastern Europe and South America. The company is demanding a 10% pay cut for ...
The Volkswagen Chattanooga Assembly Plant was inaugurated on May 24, 2011, and initially built the US-spec Volkswagen Passat and in 2017 started production of the Volkswagen Atlas. [ 11 ] With effective from 12 December 2024, Kjell Gruner is the new Chief Executive Officer of VWoA, taking the helm from Pablo Di Si who has stepped down from the ...
Volkswagen AG (German: [ˈfɔlksˌvaːɡn̩] ⓘ), known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery.
Volkswagen Group China has operated since 1984 in China, with the establishment of joint venture SAIC Volkswagen followed by FAW-Volkswagen in 1991 and JAC in 2017. [41] Independent unions in China are banned, with the All-China Federation of Trade Unions (ACFTU) being the only permitted one.
Volkswagen (VW; German pronunciation: [ˈfɔlksˌvaːɡn̩] ⓘ) [Note 1] is a German automobile manufacturer based in Wolfsburg, Lower Saxony, Germany.Established in 1937 by the German Labour Front under the Nazi Party, it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst.
The Volkswagen deal ensures that Rivian will have ample cash to launch its smaller, higher-volume R2 and R3 models -- and opens up a potentially lucrative new market for its technology. In a ...
1954: Volkswagen assembly commenced by Martin and King Pty Ltd, Clayton. [43] 1957: Factory purchased by newly formed Volkswagen (Australasia) Pty Ltd, which is 51% owned by Volkswagen Germany. [44] 1959: An adjoining property is purchased to be the new VW administration headquarters, central parts warehouse and engine assembly shop.