Herbert Diess, CEO of Volkswagen AG, pledged to step up integrity and compliance efforts as part of the German manufacturer’s deepest overhaul since the diesel-emissions scandal came to light in 2015.
May 4, 2018Business, Equipment
VW CEO Herbert Diess Urges Corporate Culture Change Amid Sweeping Revamp
Business, Equipment
VW Truck Division Signals Possible Takeover of Navistar
Volkswagen AG’s heavy-vehicle division is open to a takeover of U.S. affiliate Navistar International Corp. as the German company seeks scale to compete with global leaders Daimler AG and Volvo AB.
April 16, 2018Business
VW Appoints Herbert Diess CEO in Sweeping Overhaul
Volkswagen AG picked a new leader in a management shakeup to ready the world’s largest automaker for a wave of technological change upending the industry’s traditional business models.
April 12, 2018Business, Technology, Equipment, Safety, Fuel, Autonomous
VW to Roll Out Electric Trucks, Buses in $1.7 Billion Project
Volkswagen AG is flanking its push into electric cars with plans to roll out battery-powered commercial vehicles targeted at urban areas as growing public concerns about air quality boost demand.
October 11, 2017Business
Volkswagen Increases Stake in Navistar
Volkswagen Truck & Bus, a unit of Volkswagen AG, has purchased nearly 300,000 additional shares of stock in Navistar International Corp.
August 1, 2017Business
VW Says It Is Not Under Pressure to Sell Truck Business
Volkswagen is not under pressure to sell its truck business to raise cash as it faces billions of euros in costs after admitting to rigging emissions tests, management board member Andreas Renschler told a German newspaper.
January 31, 2016Business
Swedish Shareholders Group Recommends VW Bid for Scania
A Swedish shareholders group recommended that its members accept Volkswagen AG’s $9.2 billion bid to buy out Swedish truck maker Scania AB, Reuters reported April 16.
April 16, 2014Business
Volkswagen Wins Agreement for Control of MAN SE
German truck maker MAN SE’s CEO said an offer from Volkswagen AG to purchase the rest of MAN below the current market value is fair, given the poor economic conditions in Europe, Bloomberg News reported.
June 7, 2013