Latest Volkswagen AG News

FILE - In this Monday, April 20, 2020 file photo, cars are lined up at a Volkswagen car dealer in Essen, Germany. German automaker Volkswagen says it returned to profit in the third quarter thanks to cost discipline and a rebound in global sales markets led by China after the lifting of the severe restrictions on activity in the early phase of the pandemic. (AP Photo/Martin Meissner, File)

Volkswagen returns to profit as global auto markets recover

Oct. 29, 2020 6:05 AM EDT

FRANKFURT, Germany (AP) — German automaker Volkswagen said Thursday it returned to profit in the third quarter thanks to cost discipline and a rebound in global sales markets led by China after the lifting of the severe restrictions on activity in the early phase of the pandemic. After-tax profit was 2.75...

FILE - In this Thursday, Jan. 19, 2017 file photo Martin Winterkorn, former CEO of the German car manufacturer 'Volkswagen', arrives for a questioning at an investigation committee of the German federal parliament in Berlin, Germany. A German court has ruled that former Volkswagen CEO Martin Winterkorn must face trial on a second set of charges related to the company's diesel emissions scandal, these ones related to alleged market manipulation. (AP Photo/Michael Sohn, file)

Former VW boss Winterkorn faces trial on 2nd set of charges

Sep. 24, 2020 9:23 AM EDT

BERLIN (AP) — A German court has ruled that former Volkswagen CEO Martin Winterkorn must face trial on a second set of charges in the company's diesel emissions scandal, this time accused of market manipulation. Thursday's announcement by the Braunschweig state court followed a decision earlier this month...

FILE - In this July 29, 2020 file photo, a VW ID.4 stands in front of the Frauenkirche on the occasion of a Volkswagen vehicle presentation on the Neumarkt in Dresden, Germany. Germany's Volkswagen is unveiling the ID.4, the battery-powered sport-utility vehicle that is headed for global markets including the United States and China, as the company takes a major step forward in its campaign to make electric cars a mass-market choice. (Sebastian Kahnert/dpa via AP, File)

New SUV is next step in VW's post-scandal electric offensive

Sep. 23, 2020 6:22 PM EDT

FRANKFURT, Germany (AP) — Volkswagen is unveiling a battery-powered sport-utility vehicle that is headed for global markets including the United States and China, as the company takes a major step forward in its campaign to make electric cars a mass-market choice. The ID.4 combines the battery drive...

FILE - In this July 29, 2020 file photo, a VW ID.4 stands in front of the Frauenkirche on the occasion of a Volkswagen vehicle presentation on the Neumarkt in Dresden, Germany. Germany's Volkswagen is unveiling the ID.4, the battery-powered sport-utility vehicle that is headed for global markets including the United States and China, as the company takes a major step forward in its campaign to make electric cars a mass-market choice. (Sebastian Kahnert/dpa via AP, File)

Germany: 8 more charged in Volkswagen diesel scandal

Sep. 23, 2020 12:03 PM EDT

BERLIN (AP) — German prosecutors said Wednesday they have filed charges against eight more Volkswagen employees accused of involvement in the company's diesel scandal, which saw it sell cars fitted with software that let them cheat on emissions tests. Prosecutors in Braunschweig did not identify the eight,...

Today in History

Sep. 23, 2020 12:00 AM EDT

Today in History Today is Wednesday, Sept. 23, the 267th day of 2020. There are 99 days left in the year. Today’s Highlight in History: On Sept. 23, 1952, Sen. Richard M. Nixon, R-Calif., salvaged his vice-presidential nomination by appearing on television from Los Angeles to refute allegations of...

Today in History

Sep. 20, 2020 12:00 AM EDT

Today in History Today is Sunday, Sept. 20, the 264th day of 2020. There are 102 days left in the year. Today’s Highlight in History: On Sept. 20, 2017, Hurricane Maria, the strongest hurricane to hit Puerto Rico in more than 80 years, struck the island, wiping out as much as 75 percent of the power...

Jeff Clark, Assistant Attorney General for the Environment and Natural Resources Division, speaks as Deputy Attorney General Jeffrey Rosen, right, and Environmental Protection Agency (EPA) Administrator Andrew Wheeler, left, look on during a news conference at the Justice Department in Washington, Monday, Sept. 14, 2020. Automakers Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations. (AP Photo/Susan Walsh, Pool)

Daimler AG to pay $1.5B to settle emissions cheating probes

Sep. 14, 2020 5:33 PM EDT

WASHINGTON (AP) — Automaker Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations, officials said Monday. The U.S. Department of Justice, Environmental Protection Agency and the California...

FILE -In this Jan. 30, 2020 file photo, a photographer captures images of the General Motors-Honda Next Generation Fuel Cell after a news conference in Detroit. On Thursday, Sept. 3, General Motors and Honda say they have signed a deal to explore sharing vehicle underpinnings and propulsion systems in North America. The companies say planning discussions on jointly designed vehicles will start immediately and include vehicles powered by both electricity and internal combustion engines. (AP Photo/Paul Sancya)

Honda, General Motors sign deal to work on vehicles together

Sep. 3, 2020 1:47 PM EDT

DETROIT (AP) — General Motors and Honda are moving toward an alliance in North America to share vehicle development and technology costs as the industry moves toward electric and autonomous vehicles. The nonbinding memorandum of understanding was announced Thursday, and the companies say they plan to share...

An electric car stand at a loading station of a car dealer in Bad Homburg, Germany, Thursday, Sept. 3, 2020. (AP Photo/Michael Probst)

EU share of electric cars grew during virus lockdown months

Sep. 3, 2020 10:47 AM EDT

FRANKFURT, Germany (AP) — The market share of electric cars in Europe increased during and immediately after the worst of the pandemic lockdowns, industry figures showed Thursday, even as overall sales of vehicles of all types plunged during the second quarter. The new figures come as automakers ramp up...