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Volkswagen-backed Xpeng is set to become one of its biggest rivals as it launches in Germany—and it’s betting on a rising appetite for leasing to win over EV-skeptics Ryan Hogg April 2, 2024 ...
Despite its bad reception, the car still sold well in Europe and especially the UK market, mostly due to its competitive pricing, which was the only real advantage it had over acclaimed rivals including the Citroen ZX, Rover 200 Series, Vauxhall/Opel Astra and MK3 Volkswagen Golf.
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 ...
The 2009 Volkswagen Jetta Diesel Sedan was awarded Green Car of the Year.The award was rescinded in early October 2015. On 18 September 2015, the United States Environmental Protection Agency (EPA) said beginning in 2008 the car maker fraudulently installed engine control unit (ECU) software determined to be a "defeat device", in violation of the Clean Air Act, to circumvent environmental ...
Volkswagen struggles with German cuts. Volkswagen is seeking to trim costs in its domestic market, which contains by far the group’s biggest employee base, numbering nearly 300,000 at the end of ...
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Closed-end leases are so called because they run for a fixed term, and the lessor and lessee agree in the lease contract what the residual value of the property being leased will be. In most cases (particularly in retail motor vehicle leases), the lessee has an option to purchase the property for the agreed residual value at the end of the ...
Volkswagen sets up an online based service on which customers can check if their car is affected based on the vehicle identification number: 8 October 2015: Volkswagen US CEO Michael Horn testifies before US Congress: 3 November 2015: Volkswagen's investigation finds that CO 2 emissions and fuel consumption figures are also affected by ...
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