Volkswagen plans to invest 18.2 billion euros ($25 billion) through 2018 to expand in China. In the first 11 months of this year, the automaker boosted sales by 17 percent to 2.96 million vehicles, with its namesake brand accounting for almost 80 percent of the deliveries.
The World Environment Center (WEC) is announcing that its 30th Annual Gold Medal for International Corporate Achievement in Sustainable Development will be awarded to the Volkswagen Group.
Volkswagen officials in Germany and the United States are performing a delicate dance with VW’s influential German union as they wrestle with the possible representation of workers at the company’s plant in Tennessee.
Audi has used Vorsprung durch Technik — German for advancement through technology — as its slogan since the 1970s. But signs are growing that the Volkswagen Group subsidiary is losing sight of its own advice.
Volkswagen is recalling about 2.64 million vehicles globally, including its biggest such recall in China, to fix electronic and drive-system flaws in some of its most popular models.
