Tag #Volkswagen

Showing 1 to 12 of 154 results

welt.de

🌐 75% Global Worthiness

Sep 24, 16:20

German Court Hears Appeal in VW Diesel Case

The Schleswig Higher Administrative Court is hearing an appeal against a 2023 ruling that deemed a Volkswagen software update, approved by the German Federal Motor Transport Authority (KBA), illegal.

German Court Hears Appeal in VW Diesel Case

The Schleswig Higher Administrative Court is hearing an appeal against a 2023 ruling that deemed a Volkswagen software update, approved by the German Federal Motor Transport Authority (KBA), illegal.

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What are the opposing arguments in this case?

The KBA and VW argue the update, including the thermal window, is legal, preventing engine damage and accidents. They claim risks outweigh potential emissions increases and align with 2022 European Court of Justice rulings. The DUH counters that the update illegally increases emissions, regardless of potential engine protection.

dw.com

🌐 85% Global Worthiness

Sep 20, 22:19

German Public Opinion and Auto Industry Response to 2035 Combustion Engine Ban

A YouGov study reveals strong German public opposition to the planned 2035 ban on combustion engines, with 44% wanting the government to oppose it and only 24% expecting it to take effect; this, coupled with Porsche's scaling back of its electrification plans and citing high restructuring costs, rev...

German Public Opinion and Auto Industry Response to 2035 Combustion Engine Ban

A YouGov study reveals strong German public opposition to the planned 2035 ban on combustion engines, with 44% wanting the government to oppose it and only 24% expecting it to take effect; this, coupled with Porsche's scaling back of its electrification plans and citing high restructuring costs, rev...

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What is the main finding of the YouGov study regarding the 2035 combustion engine ban in Germany?

The study reveals significant public opposition to the ban, with 44% of Germans wanting the government to oppose it and 19% seeking a delay. Only 24% believe the ban will take effect as planned.

dw.com

🌐 90% Global Worthiness

Sep 10, 01:18

Volkswagen Condemned for Modern Slavery in Brazil

A Brazilian court ordered Volkswagen to pay \$33 million in compensation for using forced labor at its former Amazonian farm between 1974 and 1986, highlighting the persistence of modern slavery and corporate complicity.

Volkswagen Condemned for Modern Slavery in Brazil

A Brazilian court ordered Volkswagen to pay \$33 million in compensation for using forced labor at its former Amazonian farm between 1974 and 1986, highlighting the persistence of modern slavery and corporate complicity.

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Decent Work and Economic Growth

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What specific actions constituted modern slavery at Volkswagen's Fazenda Vale do Rio Cristalino?

The court recognized all legal forms of analogous slavery: restriction of movement, debt bondage, forced labor, and grueling work conditions. Workers were recruited under false pretenses, forced to buy overpriced supplies, suffered physical abuse, and were prevented from leaving.

elpais.com

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Sep 7, 22:18

Volkswagen Unveils Four Affordable Electric Car Models for Spain

Volkswagen Group has announced four affordable electric vehicle models to be produced in Spain starting in 2026, representing a €10 billion investment aimed at establishing Spain as a major electric vehicle production hub.

Volkswagen Unveils Four Affordable Electric Car Models for Spain

Volkswagen Group has announced four affordable electric vehicle models to be produced in Spain starting in 2026, representing a €10 billion investment aimed at establishing Spain as a major electric vehicle production hub.

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Industry, Innovation, and Infrastructure

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How does Volkswagen's strategy compare to competitors, and what are the potential challenges?

While later than some competitors like BYD and Renault, Volkswagen aims to democratize electric mobility with its new affordable models. Challenges include competing with established players in this price segment and ensuring efficient production and supply chain management across its Spanish facilities.

taz.de

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Aug 31, 19:16

Volkswagen Brasil Ordered to Pay $26 Million for 1970s Slave Labor

A Brazilian court ordered Volkswagen do Brasil to pay $26 million in reparations for using slave labor on its subsidiary's cattle ranch from 1974-1986, highlighting the company's ties to the country's military dictatorship.

Volkswagen Brasil Ordered to Pay $26 Million for 1970s Slave Labor

A Brazilian court ordered Volkswagen do Brasil to pay $26 million in reparations for using slave labor on its subsidiary's cattle ranch from 1974-1986, highlighting the company's ties to the country's military dictatorship.

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How did Volkswagen do Brasil's actions connect to the broader political and economic context of Brazil during that period?

Volkswagen do Brasil's operations on the Vale do Cristalino ranch involved practices described as modern slavery, including beatings, imprisonment, and even deaths. The company's close ties to Brazil's 1970s-80s military dictatorship, whose economic and political goals it shared, facilitated these abuses; Volkswagen withdrew from the cattle business only after the dictatorship ended.

sueddeutsche.de

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Aug 31, 16:16

Volkswagen Brazil Ordered to Pay $26 Million for Slave Labor

A Brazilian court ordered Volkswagen to pay a record-breaking $26 million fine for using slave labor on its Amazon farm during the country's military dictatorship.

Volkswagen Brazil Ordered to Pay $26 Million for Slave Labor

A Brazilian court ordered Volkswagen to pay a record-breaking $26 million fine for using slave labor on its Amazon farm during the country's military dictatorship.

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What is the significance of the $26 million fine imposed on Volkswagen Brazil?

This is the highest fine ever imposed in Brazil for modern slavery, highlighting the severity of Volkswagen's actions and setting a legal precedent for corporate accountability concerning human rights abuses in supply chains. The fine underscores the potential legal and financial consequences for companies involved in such practices.

euronews.com

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Sep 22, 19:20

Porsche's Profit Outlook Slash and EV Rollout Delay Cause Stock Plunge

Porsche's share price plummeted over 7% after slashing its profit outlook, delaying its electric vehicle rollout, and announcing €1.8 billion in lost operating profits due to the EV transition; this also impacted Volkswagen's stock price.

Porsche's Profit Outlook Slash and EV Rollout Delay Cause Stock Plunge

Porsche's share price plummeted over 7% after slashing its profit outlook, delaying its electric vehicle rollout, and announcing €1.8 billion in lost operating profits due to the EV transition; this also impacted Volkswagen's stock price.

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What is the primary cause of Porsche's significant stock price decline and its immediate impact?

The primary cause is Porsche's slashed profit outlook and the postponement of its electric vehicle range. This resulted in a over 7% drop in Porsche's share price and a similar drop in Volkswagen's shares, its largest shareholder. The company expects a €1.8 billion hit to operating profits this year due to the EV transition, lowering its return on sales forecast.

dw.com

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Sep 12, 10:18

Volkswagen Shifts Electric Vehicle Design Strategy to Prioritize Brand Recognition

Facing challenges in boosting electric vehicle appeal, Volkswagen is shifting its design strategy from futuristic minimalism to familiar, brand-centric aesthetics, as evidenced by the new ID.Polo model and echoed by other European automakers.

Volkswagen Shifts Electric Vehicle Design Strategy to Prioritize Brand Recognition

Facing challenges in boosting electric vehicle appeal, Volkswagen is shifting its design strategy from futuristic minimalism to familiar, brand-centric aesthetics, as evidenced by the new ID.Polo model and echoed by other European automakers.

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What are the long-term implications of this design shift for Volkswagen and the broader EV market?

Volkswagen's return to familiar design cues signals a potential recalibration of EV design priorities towards brand familiarity and customer comfort. The success of this strategy will influence other automakers and could indicate a broader trend of prioritizing established brand identities within the competitive EV market. The emphasis on manufacturing volume is crucial for Volkswagen's success against growing competition.

dw.com

🌐 85% Global Worthiness

Sep 10, 22:18

Volkswagen Shifts EV Design Strategy Towards Familiarity

Facing slow EV adoption in Europe, Volkswagen is shifting its electric vehicle design language from futuristic to familiar, prioritizing brand recognition over novelty, as seen in the new ID.Polo model.

Volkswagen Shifts EV Design Strategy Towards Familiarity

Facing slow EV adoption in Europe, Volkswagen is shifting its electric vehicle design language from futuristic to familiar, prioritizing brand recognition over novelty, as seen in the new ID.Polo model.

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Industry, Innovation, and Infrastructure

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What broader industry trends and competitive pressures are driving Volkswagen's design shift?

The shift reflects a broader trend among European automakers to emphasize brand familiarity in EV marketing to counter slow adoption rates. Increased competition from Chinese automakers and the uncertain political landscape, marked by the rise of populist politics and Trump's return, further pressure Volkswagen to prioritize established brand recognition.

taz.de

🌐 85% Global Worthiness

Aug 31, 22:14

Volkswagen Found Liable for Human Rights Abuses in Brazil

A Brazilian court found Volkswagen do Brasil liable for severe human rights abuses on a company-operated farm during the military dictatorship, ordering a substantial fine; this landmark ruling highlights the ongoing struggle for accountability.

Volkswagen Found Liable for Human Rights Abuses in Brazil

A Brazilian court found Volkswagen do Brasil liable for severe human rights abuses on a company-operated farm during the military dictatorship, ordering a substantial fine; this landmark ruling highlights the ongoing struggle for accountability.

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Peace, Justice, and Strong Institutions

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What is the immediate impact of the court's decision on Volkswagen and the victims?

Volkswagen was ordered to pay a significant fine for human rights abuses committed on a farm it operated in Brazil during the military dictatorship. While the company announced an appeal, the ruling represents a legal victory for the victims, many of whom suffered severe mistreatment. The 2020 payment of approximately €5.5 million to some victims was insufficient.

forbes.com

🌐 85% Global Worthiness

Aug 31, 16:17

IAA Mobility 2024: Major Automakers Showcase Electric Vehicles in Munich

BMW, Mercedes-Benz, Volkswagen, and other automakers will launch key electric vehicles (EVs) at the IAA Mobility show in Munich in September 2024, signaling the continued importance of auto shows despite claims of their irrelevance.

IAA Mobility 2024: Major Automakers Showcase Electric Vehicles in Munich

BMW, Mercedes-Benz, Volkswagen, and other automakers will launch key electric vehicles (EVs) at the IAA Mobility show in Munich in September 2024, signaling the continued importance of auto shows despite claims of their irrelevance.

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What are the most significant EV launches at the IAA Mobility show, and what are their immediate market implications?

BMW will unveil the iX3 "Neue Klasse", a mid-sized crossover SUV using recycled materials, directly competing with Mercedes-Benz's next-generation GLC, which also features an EV variant. Volkswagen will showcase a near-production version of its ID.2, aiming to improve its EV offerings. These launches indicate a significant push towards sustainable and competitive EV models in the European market.

cincodias.elpais.com

🌐 75% Global Worthiness

Aug 31, 10:20

European Auto Sector Rebounds in August, Led by Volkswagen Amidst US Tariff Negotiations

The European automotive sector saw a 4.8% increase in August, driven by Volkswagen's 8% rise, as US-EU tariff negotiations offer a potential reduction from 27.5% to 15%, impacting company performance and future projections.

European Auto Sector Rebounds in August, Led by Volkswagen Amidst US Tariff Negotiations

The European automotive sector saw a 4.8% increase in August, driven by Volkswagen's 8% rise, as US-EU tariff negotiations offer a potential reduction from 27.5% to 15%, impacting company performance and future projections.

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What is the immediate impact of the recent improvement in the European auto sector, specifically on Volkswagen?

Volkswagen's stock price increased by 8% in August, contributing to the sector's 4.8% overall growth. This improvement is partially attributed to ongoing US-EU tariff negotiations aiming to lower tariffs on European car exports to the US. For Volkswagen, this means a potential reduction in costs and increased profitability.

Showing 1 to 12 of 154 results