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Volkswagen

Volkswagen Remains Bullish on 2022 Outlook

Volkswagen forecasts its sales will rise 8%-13%, an operating profit margin of 7.0%-8.5% and an increase in deliveries of 5-10% in 2022.

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Experts Predict Russia-Ukraine Conflict Will Slash Global Vehicle Production

Experts predict the Russian invasion of Ukraine could slash global production of new cars and trucks by millions of units in 2022.

VW and Renault Shutter Operations As Russian Invasion Impacts Supply Chains

Volkswagen and Renault will suspend operations temporarily as Russia’s invasion of Ukraine impacts European supply chains.

Volkswagen Drives Toward Porsche IPO

Volkswagen and its top shareholder have prepared a preliminary agreement to list Porsche to boost the parent company's valuation and fund its push into EVs.

VW Plans to Increase Production in Second Half of 2022

Volkswagen plans to decide on location for new plant and increase production output in the second half of 2022, reports company officials.

Luxury Brands Saw Record Sales in 2021

Luxury car brands, such as Rolls-Royce, Bentley, Porsche and BMW saw record sales in 2021.

U.S. Supreme Court Rejects Volkswagen Appeals Regarding Emission Tampering

The U.S. Supreme Court has rejected Volkswagen AG's appeal to avoid lawsuits seeking damages over the automaker's alleged diesel emissions tampering.

Manufacturers Hopeful That Chip Supply Will Improve in Q4

Though forecasts predict the global semiconductor shortage may not right itself until 2023, vehicle manufacturers express hope for improvement in Quarter 4.

Mercury Insurance Names the Most Affordable New Electric Vehicles to Insure

2021 Hyundai Santa Fe EV tops the list.

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VW Credit, Inc. Selects Manheim for New Volkswagen and Audi Upstream Remarketing Sites

New VolkswagenDirect and AudiDirect websites enable dealers to purchase fresh, off-lease inventory to stock their lots.

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