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Volkswagen announces plans to refit up to 11 million vehicles affected by the emissions violations scandal: 2 October 2015: 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 ...
In January 2017, VW pleaded guilty to the emissions scandal and agreed to pay US$4.3 billion in penalties. As of January 2019, 13 VW employees have been indicted, including former CEO Martin Winterkorn. In addition, two former executives (Oliver Schmidt and James Robert Liang) have pleaded guilty in US court and sentenced to prison terms. [10] [11]
In October 2009 however, Volkswagen announced that its percentage in Porsche would be 49.9% for a cost of €3.9 billion (the 42.0% deal would have cost €3.3 billion). [127] On 1 March 2011, Volkswagen has finalised the purchase of Porsche Holding Salzburg (PHS), Austria's leading specialty automobile distributor, for €3.3 billion ($4.55 ...
Fully autonomous vehicles will take at least another five years to perfect, with the cost and complexity of rolling out the technology globally serving to undermine the business case, Volkswagen's ...
The Volkswagen Virtus is a subcompact sedan manufactured by the German automaker Volkswagen since 2018. It is based on the Polo Mk6 with an extended wheelbase and the same Volkswagen Group MQB A0 platform , which it also closely shares with the Taigo/Nivus and T-Cross / Taigun .
Rear view Volkswagen Passat NMS (China). Volkswagen released a sketch of the Passat NMS in February 2009 and a more detailed, second sketch on 28 October 2009. [7] [8] The Passat NMS reflects a design language developed by Walter de Silva, the Italian design chief for the Volkswagen Group, and Klaus Bischoff, the German design leader for the Volkswagen brand.
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