Automakers

VW pays nearly $10M to end proceedings against chairman

21.May 2020

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Volkswagen Group has agreed to pay 9 million euros ($9.9 million) in a deal with a German court to end legal proceedings against its chairman and CEO, who were accused of holding back market-moving information on rigged emissions tests.

VW Group sales fell 23% in first quarter

20.April 2020

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Volkswagen Group’s global vehicle sales fell 23 percent to 2 million in the first quarter. In March alone, sales were down 38 percent overall at 623,000 vehicles, reflecting the coronavirus crisis.

VW’s Slovak plants extend shut down until April 19

2.April 2020

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Volkswagen Group has extended the shutdown of its three plants in Slovakia until April 19 after closing them for two weeks on March 17 amid the coronavirus outbreak.

VW extends production halt in Germany

27.March 2020

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Volkswagen Group will extend stops to production in Germany as it deals with fallout from the coronavirus outbreak. VW said that it was responding to weakening demand and supply chain disruptions.

VW expects car market to recover in summer

26.March 2020

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Volkswagen expects the car market in Germany to recover in the summer after the automaker was forced to suspend output due to the coronavirus pandemic.

VW CEO warns factory closures may drag on for weeks

24.March 2020

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Volkswagen Group CEO Herbert Diess warned that the coronavirus crisis may force the company to keep its factories shut for longer than initially planned.

VW to shut down production in Europe

17.March 2020

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Volkswagen Group will suspend production this week at plants in Italy, Portugal, Slovakia and Spain and is preparing to shut down the rest of its factories across Europe due to the spread of coronavirus.

VW postpones restart of China production

9.February 2020

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Volkswagen Group has postponed the resumption of production at its China joint ventures, in the latest sign of the coronavirus’s impact on economic activity.

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Automakers

VW pays nearly $10M to end proceedings against chairman

VW Group sales fell 23% in first quarter

VW’s Slovak plants extend shut down until April 19

VW extends production halt in Germany

VW expects car market to recover in summer

VW CEO warns factory closures may drag on for weeks

VW to shut down production in Europe

VW postpones restart of China production

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