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Retail Asia02/04/2021

A Volkswagen joint venture in China has agreed to buy green car credits from Tesla to help meet local environmental rules, three people briefed on the matter told Reuters. The deal, the first of its kind to be reported between the two companies in China, highlights the scale of the task Volkswagen faces in transforming […]

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Retail Asia01/04/2021

Earlier today we told you about Volkswagen’s plan to change its name to Voltswagen in the US. Volkswagen US in fact issued a statement that it had changed from Volkswagen of America to ‘Voltswagen of America’ to show the clear emphasis on the brand’s electric aspirations in the market. The news clearly had a big […]

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Retail Asia18/03/2021

Volkswagen plans to build half a dozen battery cell plants in Europe and expand infrastructure for charging electric vehicles globally, accelerating efforts to overtake Tesla and speed up mass adoption of battery-powered cars. The world’s No. 2 carmaker, which is in the midst of a major shift towards battery-powered cars, said on Monday it wants to […]

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Retail Asia17/03/2021

Volkswagen plans to have six battery cell production plants operating in Europe by 2030 to secure supply for the world’s No.2 carmaker’s electric vehicle ambitions. The plants, to be built in partnerships, will have a production capacity of 240-gigawatt hours a year, VW said. “E-mobility has become core business for us. We are now systematically […]

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Retail Asia15/03/2021

Carmaker Volkswagen plans to cut up to 5,000 jobs in Germany by offering early or partial retirement to older employees in a move that could cost 500 million euros ($598 million), the Handelsblatt newspaper reported on Sunday. The newspaper quoted a spokeswoman confirming that the company had agreed on the plan with the works council […]

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Retail Asia04/03/2021

When the market value of Germany’s Volkswagen briefly rose above the 100-billion-euro mark on Wednesday for the first time since 2015, the boss of the normally staid carmaker took to Twitter, Elon Musk-style, to crow about it. VW shares soared as much as 6% after investment bank UBS raised its price target on the stock […]

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Retail Asia28/12/2020

Volkswagen India has officially teased the upcoming Taigun compact SUV, suggesting the launch is around the corner. The carmaker released a teaser video of the Taigun on its official social media account. The SUV has been listed on VW’s official India website for collecting online enquiries. Specifically designed for the Indian market, the SUV was showcased at the […]

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Retail Asia23/12/2020

How many times have you seen a Volkswagen Beetle and not given it another look? Well, the answer is zero and that’s because its design is timeless, ageless. That’s also why we can’t help but look at the new-gen models from Volkswagen India like the Jetta, Polo, Vento, Polo GTI or now even the Tiguan, […]

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Retail Asia10/12/2020

Volkswagen AG is launching another sales model in China that will see the automaker open showrooms in city centres for electric vehicles (EV) and offer fixed prices. The move marks a departure from the conventional sales system used by the wider industry in China. Last week, Volkswagen’s joint venture with SAIC Motor opened its first […]

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Retail Asia03/12/2020

Alexander Hitzinger, a 49-year-old engineer who defected to Apple after helping to develop Porsche’s winning 919 racecars, has been lured back to Volkswagen Group for perhaps his biggest challenge yet – building an electric car to take on Tesla. While Volkswagen, the world’s largest automaker, has been rolling out electric vehicles from the ID.3 compact […]

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Retail Asia17/11/2020

Volkswagen plans to invest 1 billion euros ($1.18 billion) in its Slovak plant, including 500 million euros to produce next-generation Passat and Skoda Superb models, VW Slovakia Chairman Oliver Gruenberg said on Monday. The German carmaker’s investment will be in projects across the model range made in Slovakia and will create 2,000 jobs in the […]

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Retail Asia29/10/2020

Volkswagen India has joined the connected car bandwagon with the launch of the ‘My Volkswagen Connect’ mobile app. The new interactive sim-based app brings connected car technology to Volkswagen cars sold in the country and provides access to a host of features like vehicle telematics, geofencing, remote tracking and more. The app is available for both Android […]

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Retail Asia20/07/2020

German automaker Volkswagen AG expects slight growth in China’s premium car segment this year despite a slide in broader market sales, a senior executive said. Volkswagen Group’s China chief, Stephan Woellenstein, made the remarks to reporters in Beijing on Friday. Volkswagen replaced Herbert Diess as chief executive of the VW brand on Monday and installed […]

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Retail Asia10/06/2020

Volkswagen replaced Herbert Diess as chief executive of the VW brand on Monday and installed chief operating officer Ralf Brandstaetter to lead cost-cutting efforts at the company’s largest plants in Germany. The management reshuffle comes after weeks of squabbling between Volkswagen’s powerful labor leaders and managers over the pace and scale of cost-cutting plans to […]

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Retail Asia04/06/2020

Volkswagen Chief Executive (CEO) Herbert Diess will promote Porsche CEO Oliver Blume to become head of the Volkswagen brand as part of a broader management reshuffle, Auto Motor and Sport said on Tuesday citing company sources. Blume will be moved to the VW brand to help the company get a grip on production issues with […]

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Retail Asia02/06/2020

The Volkswagen Group has announced personnel changes in technical development and product line organization. Dr. Matthias Rabe has been named Member of the Board for Engineering at Bentley effective August 1, 2020. He succeeds Werner Tietz, who moves to SEAT as Executive Vice-President for Research and Development as of July 1. Dr. Matthias Rabe joined […]

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Retail Asia08/05/2020

Volkswagen Passenger Cars India has announced the appointment of Abbey Thomas as Head of Marketing effective immediately. He will spearhead the company’s marketing strategy in India. Abbey Thomas replaces Bishwajeet Samal, who embarks on a new assignment at Volkswagen’s headquarters in Germany. Abbey has over 25 years of automotive industry experience and has previously worked […]

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Retail Asia21/04/2020

Volkswagen Group on Friday said sales of its cars dropped by 23% on the year to 2 million cars in the January to March period. In March alone, deliveries were down 37.6% overall at 623,000 vehicles, the figures showed, reflecting the coronavirus crisis which triggered plant closures and falls in sales as consumers were tied […]

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Retail Asia15/04/2020

Volkswagen AG said on Monday it would give financial assistance to its U.S. dealers who wish to use their loaner fleet to pick up and deliver essential supplies in areas affected by the COVID-19 pandemic. The loaner cars, typically offered to customers to drive while their vehicles are in a shop for repairs, can be […]

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Retail Asia27/03/2020

We all loved the way the new Golf looks and there are many of you who have asked us on multiple occasions, about its arrival in India. Sadly, the Golf isn’t coming here, but while it’s turning a lot of heads across the world, there’s another reason why it’s become the talk of the town. […]

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