Volkswagen

Volkswagen’s $40 Billion Offensive

Volkswagen's dictionary of terms used by management includes a word that most other car manufacturing executives don't use. The German giant is about to go on the "offensive" as it ...
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Volkswagen Accelerates Electric Car Effort With $40 Billion Investment

German automaker Volkswagen on Friday announced an investment of $40 billion by the end of 2022 in "electric mobility, autonomous driving, new mobility services, and digitalization." Most of the investment ...
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Volkswagen Profit Drops 48% on Dieselgate Charges

Germany-based automaker Volkswagen reported third-quarter results Friday morning. The company posted a year-over-year revenue increase of 5.8% in the quarter to €55 billion and a year-to-date gain of 6.8% to ...
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Toyota Does Not Want to Be World’s No. 1 Car Company

Toyota Motor Corp. (NYSE: TM) has no interest in elbowing its way to the number one spot among auto manufacturers in terms of unit sales. That means it will not ...
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Fiat Chrysler Sales to Fall 11% in October While Volkswagen’s Rise 12%

October car sales are not expected to change much from the same month a year ago. However, U.S. sales of two major manufacturers are expected to diverge considerably. New research ...
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Ford September European Sales Regains Lead Over Fiat Chrysler

The European Automobile Manufacturers Association (ACEA) reported Tuesday that new vehicle registrations in the European Union (EU) fell 2% in September compared with new registrations in September of 2016. New ...
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VW Boosts US Warranty, Adds $2.9 Billion to Diesel Cheating Costs

Volkswagen's U.S. division on Friday introduced a new six-year/72,000-mile warranty on most new VW vehicles sold in the United States. The company calls it the "People First Warranty." Not only ...
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5 Most Important Things in Business Today

Revised figures from the U.S. Department of Commerce show that second-quarter gross domestic product rose 3.1%. There is worry about the third quarter. According to Reuters: The U.S. economy expanded ...
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Ford European Sales Draw Even With Fiat Chrysler

The European Automobile Manufacturers Association (ACEA) reported Thursday that new vehicle registrations in the European Union (EU) rose 5.6% in August compared with new registrations in August of 2016. New ...
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5 Most Important Things in Business Today

Apple Inc. (NASDAQ: AAPL) will launch new iPhones. Rumors are that there will actually be three. The first will be the iPhone 8, the next the iPhone 8 Plus and ...
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6 Most Important Things In Business Today

According to Reuters, Texas power company Oncor has been bought by Sempra Energy (NYSE: SRE)  Warren Buffett had also bid for the operation. The news service reports: Texas utility Energy ...
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VW Reveals Electric Microbus — Can You Wait Until 2022?

3d illustration of a psychedelic vintage VW hippie van.At the annual Concours d'Elegance at Pebble Beach, one of the iconic vehicles of the last six decades got a new ...
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13 Cars That Compete With the Tesla Model 3

Friday's rollout of the first 30 Tesla Inc. (NASDAQ: TSLA) Model 3 production vehicles might generated as much ink (including burned pixels) as the Hollywood premiere of "Gone with the ...
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Did German Automakers Collude in Dieselgate Scandal?

What began as a cheating scandal over diesel engine emissions involving German automaker Volkswagen AG in September 2015 may have also involved Germany's other big carmakers -- Daimler AG and ...
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6 Most Important Things in Business Today

A French court dismissed a 1.3 billion tax bill levied on Alphabet Inc. (NASDAQ: GOOGL). Global PC shipments dropped 4.3% in the second quarter, according to research firm Gartner: Worldwide PC ...
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