-
EU emissions testing to get stricter
- 29/10/2015
- Posted by: Simon Wait
- Category: News
Emissions testing in the European Union is to get stricter after the recent Volkswagen scandal. It should mean that motorists buying a car fuelled by diesel will get greater peace of mind that their car meets environmental standards and is not excessively polluting the air. EU officials say the new tests will [...] -
Matthias Müller unveils VW’s next steps
- 28/10/2015
- Posted by: Simon Wait
- Category: News
Matthias Müller, chairman of the board of management of Volkswagen, has announced the five key steps to realign the Group. ‘We have to look beyond the current situation and create the conditions for Volkswagen’s successful further development,’ said Müller in Wolfsburg. He presented a five point plan that [...] -
VW profits plummet after emissions scandal
- 28/10/2015
- Posted by: Simon Wait
- Category: News
The diesel emissions scandal drove Volkswagen to an operating loss of around £2.5 billion between July and September, it has emerged. New figures reported by the German car manufacturer show it would have made a quarterly profit of about £2.3 billion had it not been for the emissions testing scandal. But with [...] -
VW sends industry into ‘tailspin’
- 28/10/2015
- Posted by: Simon Wait
- Category: News
According to Frost & Sullivan, Volkswagen's (VW) actions of circumventing Environmental Protection Agency (EPA) testing in the US has sent the global automotive industry into a tailspin. ‘As an immediate impact of the scandal, Volkswagen Group sales are expected to fall by two to four percent by 2020,’ [...] -
Sedran to head-up VW strategy
- 27/10/2015
- Posted by: Simon Wait
- Category: News
Dr Thomas Sedran has been appointed Head of Group Strategy at the Volkswagen Group. He takes up this post with effect from 1 November 2015 and will report to the CEO, Matthias Müller. Thomas Sedran holds a Master's degree in business administration from the University of Hohenheim and a PhD from Ludwig Maximilian [...] -
Consumers still favour diesel
- 20/10/2015
- Posted by: Simon Wait
- Category: News
Despite the ongoing diesel emissions scandal Volkswagen finds itself caught up in, it seems that the consumer is still willing to choose diesel engines over petrol units. With the scandal in full flow, Motoring.co.uk surveyed a proportion of its 1 million monthly readership. The results revealed that 61% would [...] -
VW made several defeat devices
- 19/10/2015
- Posted by: Simon Wait
- Category: News
According to new insider reports Volkswagen made several versions of its defeat device software. The sources claim that Volkswagen altered its illegal software for four engine types, one of which includes a VW manager with knowledge of the matter, and another is cited as a US official close to an investigation into [...] -
VW crisis may benefit system suppliers
- 16/10/2015
- Posted by: Simon Wait
- Category: News
Vehicle emissions-control system manufacturers such as Johnson Matthey and France's Faurecia are set to gain more from the scandal that Volkswagen is currently caught up in, investors say. VW needs to fix up to 11 million vehicles worldwide, and the scandal is likely to lead to tighter regulation for the automotive [...] -
VW boss says firm will recover
- 16/10/2015
- Posted by: Simon Wait
- Category: News
The newly appointed Volkswagen boss, Matthias Mueller, has said the company will recover from the diesel emissions scandal in two to three years. In a speech to managers he said the company needed to become leaner and take decisions more rapidly. The comments come as VW said it would recall 8.5 million cars in [...] -
VW owners want compensation
- 15/10/2015
- Posted by: Simon Wait
- Category: News
Some 90% of UK Volkswagen drivers who could be affected by the diesel emissions scandal believe they should be compensated, according to a survey by Which? A massive 96% said fuel efficiency was a key consideration when they bought their car, while 90% viewed environmental impact as an important factor. VW has [...]