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Posts Tagged ‘vw news’

Volkswagen Challenges Tesla Model 3 Before It Hits the Streets

German maker says its I.D. model will be much less expensive.

by on Jul.17, 2017

Volkswagen says when its I.D. hits the market in two years, it'll be cheaper than its primary competitor, the Tesla Model 3.

It hasn’t even hit a dealershi, er, retail store yet, but the Tesla Model 3 is already generating a strong response from future competitors, including Volkswagen which said its mass-market model, the I.D., will be priced lower than the Tesla entry.

Production on the Model 3 began last week, which is supposed to be Tesla’s entry-level model at a base price of $35,000. However, once a few additions are made, the costs quickly escalate past $40,000 and closer to $50K, claim VW executives.

Global Auto News!

The Golf-sized I.D. is expected to start at $27,000 and boast a range of 249 to 373 miles, depending upon different variables. It would come in at 168 horsepower. The Model 3 is expected to get about 215 miles to a full charge. (more…)

U.S., German Prosecutors File Charges in Audi Diesel Emissions Probe

Official charged in the U.S., arrest made in Germany.

by on Jul.07, 2017

A line-up of Audi TDI models. The automaker currently has pulled all off the U.S. market.

The investigation into diesel emissions cheating by Volkswagen’s luxury arm Audi has taken a new turn with charges filed on both sides of the Atlantic, and an arrest made in Germany.

Sixty-year-old Giovanni Pamio becomes the eight person charged by the U.S. Justice Department for participating in an extensive scheme to rig diesel engines used by various diesel brands. That scam is expected to cot Volkswagen at least $30 billion in fines, fees and a broad buyback of vehicles that cannot be brought up to legal standards in the U.S. and a number of other markets.

Breaking News!

While prosecutors in Germany and the States initially focused their efforts on the Volkswagen brand, they have begun expanding the investigation to look at the role other VW marques played in the scandal, notably Audi. Prosecutors in Munich, for one thing, conducted a number of raids on Audi and VW offices in March, as well as targeting the offices of a law firm representing the luxury brand. And they have now arrested an as yet-unnamed Audi employee.

(more…)

VW Courting Opel’s Neumann to Return

German maker hoping he’ll come back to old employer.

by on Jun.12, 2017

GM Europe chief Karl-Thomas Neumann may be on his way back to his previous employer, Volkswagen AG.

This story has been updated due to new information.

Karl-Thomas Neumann, the highly regarded executive picked by General Motors to lead the company’s stalled European operations resigned effective immediately today. He will be replaced as CEO by Michael Loscheller, currently the chief financial officer. appears headed back to Volkswagen.

Neumann appears headed back to Volkswagen, which is in dire need of fresh executive talent in the walk diesel-cheating scandal, is looking to rehire the former head of Opel, Karl-Thomas Neumann, perhaps to lead its Audi brand, according to reports that surfaced over the weekend in Germany.

Global Auto News!

Neumann’s departure would not exactly be a surprise, given GM’s decision in March to sell off its European operations to the Paris-based PSA Group. (more…)

Sales Guru Hatami Dumps Hyundai for Volkswagen of America

Hyundai loses second top exec in less than six months.

by on Jun.09, 2017

Hinrich Woebcken, CEO of VW of America, expects the arrival of the Atlas to bolster the company's sluggish sales in the U.S.

Just one day after resigning as Hyundai Motors U.S. sales chief, Derrick Hatami is taking over as Volkswagen of America Inc.’s Executive Vice President, Sales and Marketing.

Actually, the announcement came a day after it was revealed he was leaving the South Korean automaker. His appointment at VW is effective June 12.

Beyond the Headlines!

In this role, Hatami will be responsible for setting and driving the sales, marketing, product planning and aftersales strategy for VWoA in order to help promote growth, improve processes and elevate dealer satisfaction, VW said in a statement confirming Hatami’s appointment. (more…)

China Approves VW deal with JAC to Build EVs

Volkswagen plans to sell 400,000 EVs in China annually by 2020.

by on May.24, 2017

Going forward, VW plans to shift away from diesels and focus on battery models like this I.D. Crozz concept.

When Volkswagen AG says its future is electric, it apparently really means it. Chinese regulators approved a deal between the German automaker and Chinese automaker JAC to jointly build EVs in what likely will be the world’s biggest EV market.

The new venture has an approval to produce 100,000 electric vehicles annually, according to a report in Reuters. The deal is worth about $740 million, according to a VW stock filing.

Global Auto News!

Since VW’s diesel emissions cheating scandal, the automaker has paid out more than $30 billion in fines and fees globally and reset its entire product portfolio to focus on electric vehicles and away from diesel-powered engines. (more…)

VW Wants to Win Back Enthusiasts with Array of Concepts

Six new prototypes debut at U.S., European events.

by on May.19, 2017

The VW Beetle Post Concept

Looking for something sporty but affordable? Volkswagen might have just the car for you though, for now, these six models are just concepts making their debut at two big summer events taking place in Europe and the U.S. this coming weekend.

The German maker has reason to roll out so many show cars in one big blitz. VW is still trying to recover from its diesel emissions scandal and, particularly in the States, it will no longer have those sporty oil-burners to offer anymore.

The Last Word!

But even as it shifts gears a bit, focusing more on conventional gas-powered models, it’s determined to show it has plenty to appeal to enthusiasts. Here’s what we’re seeing at both the GTI Meet in Worthersee, Austria, as well as the SOWO: European Experience in Savannah, Georgia.

SOWO features five show cars, including: (more…)

VW CEO Mueller Target of Criminal Probe

Despite concerns about role in diesel scandal, Audi CEO Stadler gets new contract.

by on May.17, 2017

VW CEO Matthias Mueller his now at the center of an investigation by German prosecutors over the ongoing diesel emissions scandal.

Already focused on a number of former Volkswagen employees, German prosecutors today said they are also investigating the possible role CEO Matthias Mueller may have played in the attempt to cover up VW’s diesel emissions scandal.

Specifically, Mueller and at least two others may have failed to properly informed regulators and investors soon enough once they learned that Volkswagen engineers had developed a so-called defeat device in an attempt to fool diesel vehicle emissions tests.

Global Auto News!

Even while the probe expands, however, news reports from Germany indicate Rupert Stadler, the CEO of VW’s Audi luxury brand, will have his contract extended five years. Though well-rated for his handling of Audi overall, Stadler has come under fire for his own, alleged role in the diesel scandal. (more…)

VW’s Mueller Under Investigation Over Diesel Scandal

Move comes from his time as head of Porsche.

by on May.10, 2017

VW CEO Matthias Mueller is under investigation over his role in VW's diesel scandal while he led Porsche.

Volkswagen’s woes related to its diesel scandal continue as Volkswagen Group CEO Matthias Mueller is now under investigation in Germany.

Prosecutors are investigating the possibility that he did not fully disclose details of the company’s emissions scandal to investors, according to multiple reports.

Global Auto News!

Until now, Mueller managed to remain above the diesel investigatory fray. Other VW executives, most notably former CEO Martin Winterkorn, who denied any involvement, but resigned anyway, have been caught up in the churn of queries over the 2015 emissions scandal. (more…)

VW Declares “The Future is Electric”

German maker reveals e-mobility plans to investors – but declines to release diesel probe.

by on May.10, 2017

VW CEO Matthias Mueller plans to triple spending on alternative powertrain technologies.

Volkswagen executives had a lot to say about their plans to bring electric and high-efficiency gas vehicles to market over the next decade, during the German automaker’s annual shareholders meeting – but they were largely mum when it came to the specifics of an extensive internal probe into the company’s cheating on diesel emissions standards.

“The future is electric,” declared Volkswagen Group CEO Matthias Mueller, during the annual meeting in Hanover, not far from the automaker’s headquarters in Wolfsburg. And VW, he added, “intend(s) to be the number one in e-mobility by 2025.

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The German automaker plans to bring out 10 electrified models by 2018, and have 30 more battery-electric models in its product portfolio by 2025, said Mueller, expanding on VW’s earlier commitment to the technology. All 12 of the company’s brands are expected to add some electrified models.

(more…)

VW Sweetens Deals to Move Leftover Diesels

Low-interest loans, cash bonuses of up to $8,500 aimed to clear out inventory.

by on May.08, 2017

VW recently got permission from the EPA to update rigged 2015 diesels and sell them off.

While VW no longer plans to import diesels in the wake of its costly and embarrassing emissions scandal, the company has thousands of leftover models that it now has permission from the EPA to sell in the U.S. after making extensive powertrain modifications.

Getting wary buyers to snap them up is proving a challenge, no surprise for 2015 model-year leftovers. So, VW is offering some hefty incentives – including extended, zero-interest loans and up to $8,500 in cash – to get those products off showroom lots.

The Rest of the Story!

The diesels now meet tough U.S. emissions mandates. Originally, they carried a hidden “defeat device,” software code that was designed to detect when one of the vehicles was undergoing testing and revise the way the cars performed. In real-world conditions, however, they would produce up to about 40 times more pollutants – notably smog-causing oxides of nitrogen – than the law allows.

(more…)