Volkswagen is axing 30,000 jobs. Most will be in Germany but jobs will also go in the United States, Brazil and Argentina. Unions have agreed the packages to be offered to staff in a bid to prevent enforced redundancies as a result of the massive fines and penalties the VW Group must pay around the world for its diesel emissions falsifications. The … [Read more...]
Tradelines 21 September
The UK’s appetite for on-demand services continues to gather pace as AA Tyres has grown its fleet of vans by 40% in response to escalating demand. The ten new Volkswagen Crafter vans will allow AA Tyres to push into the West Country, where the demand for mobile tyre fitting in Bristol, Bath and the surrounding areas has surged. Volkswagen is making … [Read more...]
VW is cleaning up a year after “dieselgate”
As “Dieselgate” turns one year old, a study by Transport & Environment reveals that Volkswagen is currently selling the least polluting Euro 6 diesel vehicles. Nonetheless, the marque caught cheating in the US also has the most grossly polluting Euro 5 vehicles on the road, which were sold between 2011 and 2015 . The better performance of Volkswagen … [Read more...]
Golf & Passat production resumes after settlement
Volkswagen Group will compensate a supplier to end a six-day standoff that stopped Golf and Passat production in Germany. The $14.7 million amount is well below supplier Prevent Group's initial demands seeking about €58 million ($66 million) to cover factory alterations made in preparation for a €500 million order that VW cancelled. The deal also … [Read more...]
VW dealers to get compensation for fraud, but only in US
Volkswagen AG executives in the United States have promised restitution within a month for American franchise dealers damaged by the carmaker's diesel emissions violations, The Wall Street Journal reports. A senior American executive from Volkswagen made the pledge at a meeting with over 150 dealers from the northeast at a hotel in New Jersey, the paper … [Read more...]
Volkswagen ‘fix’ rejected and more action could follow
Volkswagen’s recall plan for its illegal vehicles has been rejected in California. California's chief air regulator turned down the proposed recall plan from Volkswagen to fix 3.0-liter diesel VW, Audi and Porsche models in the state equipped with devices designed to cheat emissions tests. The California Air Resources Board (CARB) said the plan to fix … [Read more...]
Swansea salesman is rising star of industry
A young car Sales Executive who joined Sinclair Volkswagen Swansea at just eighteen years old has scooped a top award from one of the motor industry’s top magazines. Nineteen year old Cameron Davies has been named a 2016 ‘Motor Trader Rising Star’ in the title’s UK search for the next generation of movers and shakers. The magazine launched the … [Read more...]
Volkswagen’s diesel-gate problems intensify
Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the automaker for what they see as breaches of its capital markets duty in the emissions scandal, said the law firm representing them. The lawsuit, for damages of 3.27 billion euros ($3.61 billion), was filed at a regional court in Brunswick in VW's home state of … [Read more...]
Spot checks on German cars
Germany wants to carry out unannounced emissions tests on all automakers to help restore confidence in the industry that was shattered by the Volkswagen cheating scandal. "There will be controls on vehicles in the style of doping tests [for athletes]," Transport Minister Alexander Dobrindt told the Bild newspaper. "Unannounced and every year." One way … [Read more...]
Volkswagen to lay off temporary staff
Volkswagen is considering a reduction in temporary workers as part of efforts to offset the cost of the emissions scandal, the automaker's works council said. VW said in a statement that the outlook for its sales and employment levels were unpredictable after the company reported on Friday lower September deliveriesfor its core autos division and the … [Read more...]
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