Trump invites German car CEOs to White House for trade talks, report saysNov. 20
VW: $50 billion for EVs, mobilityNov. 19
Volkswagen plans to spend about €44 billion ($50 billion) over the next five years on a comprehensive electrified mobility strategy that includes making at least 15 million battery-powered autos and further research into autonomous driving
VW's EV commitment is 15 million vehicles, not 50 millionNov. 16
VW to spend $50.2 billion on electric, autonomous vehicles by 2023Nov. 16
Volkswagen Group said it will spend 44 billion euros ($50.2 billion) on electric vehicles, digitalization, autonomous driving and new mobility services by 2023. The 44 billion euro plan is 10 billion euros ($11.4 billion) more compared with last year's planning round. The automaker also plans to increase productivity of its factories by 30 percent by 2025.
VW CEO Diess will take responsibility for China businessNov. 16
VW's supervisory board eyes multi-billion electrification planNov. 16
Urus boosts Lamborghini, but challenges lie aheadNov. 19
VW builds Europe's biggest electric-car plantNov. 16
Ford open to investors in autonomous vehicles but cautious on VW, Hackett saysNov. 15
Ford CEO Jim Hackett says the automaker is open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG is a "delicate dance."
VW plans to convert two more German plants to build EVsNov. 16
VW's Diess on U.S.: We didn't listen enoughNov. 12
How do you explain VW's struggles in the United States, where the brand once reigned as import champion? New CEO Herbert Diess says the German company was out of touch with the U.S. market. Handing authority to Long Island native and former Audi U.S. boss Scott Keogh will mark a big step toward a comeback.
It takes concentration not to listen that hardNov. 12
VW CEO Herbert Diess, in a recent interview with Automotive News, said the company was "not very agressive in listening" to the aggressive advances of FCA, which was interested in a possible consolidation.