Volkswagen named Thomas Schmall as the new VW brand board member responsible for components – a key post that carries with it the potential for political friction with the carmaker’s powerful German unions.
Tag Archives: VW
VW policy for US plant sets off labor scramble
By ERIK SCHELZIG
A new labor policy at Volkswagen’s Tennessee factory is encouraging both supporters and opponents of a major labor union to unionize its first foreign auto plant in the U.S. South.
The new policy, known as “Community Organization Engagement,” establishes formal rules for labor groups at the plant for the first time. What the effects will be is still up for debate.
VW will invest €86 billion chasing Toyota for global car sales lead
Volkswagen Group will keep pouring money into new vehicles, technology and factories as it chases Toyota for the lead as world’s largest automaker.
VW plans to invest €85.6 billion ($106 billion) over the next five years, the company said Friday. The plan calls for an increase in average annual spending on auto operations to about €17.1 billion a year, compared with €16.8 billion under its previous rolling five-year budget.
VW will stop selling Seat cars in Russia next year
Volkswagen’s Spanish division, Seat, will stop selling cars in Russia by early next year because of an economic downturn and a weakening ruble.
VW recalls Audi A4s in China over airbag software problem
Volkswagen Group’s joint venture with China’s FAW Group, FAW-Volkswagen Automobile, will recall 270,635 Audi cars in the country due to an airbag software issue, China’s quality watchdog said on Wednesday.
