Latest Volkswagen AG News

Volkswagen sets Porsche IPO at up to 9.4 billion euros

Sep. 19, 2022 09:34 AM EDT

FRANKFURT, Germany (AP) — Volkswagen has set the price range for the multibillion-euro sale of a minority stake in luxury brand Porsche as it prepares an initial public offering to fund VW's investments in new technologies and businesses including electric cars, software and services. ...

German court keeps hearing farmer's climate case against VW

Sep. 09, 2022 09:46 AM EDT

BERLIN (AP) — Environmentalists claimed a small legal victory Friday after a court in Germany said it would continue hearing a case brought by a farmer seeking to force automaker Volkswagen to end the sale of combustion engine vehicles. Ulf Allhoff-Cramer says drier soil and...

'The Sacrifice Zone': Myanmar bears cost of green energy

Aug. 09, 2022 12:49 PM EDT

The birds no longer sing, and the herbs no longer grow. The fish no longer swim in rivers that have turned a murky brown. The animals do not roam, and the cows are sometimes found dead. The people in this northern Myanmar forest have lost a way of life that goes back generations. But...

'The Sacrifice Zone': Myanmar bears cost of green energy

Aug. 09, 2022 07:01 AM EDT

The birds no longer sing. The fish no longer swim in rivers that have turned a murky brown. The animals do not roam, and the cows are sometimes found dead. The people in this northern Myanmar forest have lost a way of life that goes back generations. But if they complain, they, too,...

German court rejects suit over gender-sensitive language

Jul. 29, 2022 11:42 AM EDT

BERLIN (AP) — A German court on Friday threw out a lawsuit against a guideline issued by automaker Audi that called for employees to use gender-sensitive language. An employee of Audi's parent company, Volkswagen, objected to Audi colleagues using such language in their...

Volkswagen starts US electric vehicle assembly in Tennessee

Jul. 26, 2022 15:02 PM EDT

CHATTANOOGA, Tenn. (AP) — Volkswagen began production of its first electric vehicle assembled in the United States at a Tennessee plant Tuesday. In a news release, the German automaker said it plans to ramp up production in Chattanooga of the ID.4 electric compact SUV to 7,000 cars...

Volkswagen CEO, facing series of setbacks, will step down

Jul. 23, 2022 05:52 AM EDT

VIENNA (AP) — Herbert Diess, the Volkswagen CEO whose image had been tarnished in the fallout from the German automaker’s emissions-cheating scandal, is stepping down. In a surprise announcement Friday, the Wolfsburg, Germany-based company said Diess will depart Sept. 1 “by...

Siemens investing in Volkswagen's Electrify America

Jun. 28, 2022 09:51 AM EDT

The German industrial company Siemens will invest more than $100 million in a network of electric vehicle charging stations in North America operated by Volkswagen. Siemens is the first outside investor in the project, Electrify America said Tuesday, and the company is being granted...