Volkswagen Group fined $1.2B by German authorities for diesel scandal

VW TDI badgeThe fallout from a global emissions cheating scandal keeps falling. This week, German authorities fined Volkswagen AG nearly $1.2 billion for selling more than 10 million cars with emissions-cheating software. The sum pales in comparison to the billions Volkswagen has paid in the U.S., which has totaled more than $24 billion so far, but is one of...

VW Group has nailed down $25 billion of battery supply, it said today

Volkswagen ID electric car concept, 2016 Paris auto showFor a company that has only two battery-electric models in production, both several years old, VW Group spends a great deal of time talking about electric cars. The company has plans to launch 30 new electric vehicles by 2025, and has released four Volkswagen ID concepts, the first of which will enter production in November 2019. At its annual...

Volkswagen Moia electric mobility van is VW’s Uber ride-sharing rival

Volkswagen MOIA electric ride-pooling vanEvery automaker has its niche. Mazda builds a brilliant (and efficient) sports car in the MX-5 Miata. Toyota pioneered the mass production of hybrid-electric vehicles 20 years ago with its Prius. The Tesla Model S made battery-electric vehicles exciting and desirable. And Volkswagen has diesel. DON'T MISS: Volkswagen ID electric car production...

VW Dieselgate exec Schmidt gets maximum jail sentence: 7 years

Oliver SchmidtA Volkswagen manager who pleaded guilty to deceiving regulators in the United States over the emissions of the company's TDI diesel engines has been sentenced to the maximum penalty of seven years in prison and the maximum fine of $400,000. "This crime ... attacks and destroys the very foundation of our economic system," said federal court judge...

Volkswagen ID Crozz electric SUV to launch in US in 2020

Volkswagen ID Crozz conceptA production vehicle based on the Volkswagen ID Crozz all-electric compact crossover will be launched in the U.S. market during 2020, VW said. The announcement came at a media event Tuesday night before the first of two media days at the Los Angeles auto show, where the electric SUV makes its North American debut. First unveiled at the Shanghai...

Porsche will thrive, remain profitable when sports car are electric: CFO

Porsche Mission E concept electric carLuxury and sports car maker Porsche isn't concerned with the sweeping changes vehicle electrification will bring. In fact, the brand believes it will maintain its steady profit and 15-percent operating margin into the future, despite the major investments in electric and plug-in cars it plans to make. While Porsche can't pass through some of those...

Volkswagen targets Pikes Peak with electric-car tech from future models

Teaser for Volkswagen’s entry for 2018 Pikes Pike International Hill ClimbThe next Pikes Peak International Hill Climb race is eight months away still, so a press release on a carmaker's entry into next June's event comes out of left field. But for Volkswagen, it's another small step to underscore its major commitment to battery-electric vehicles as its two-year-old diesel emission cheating scandal continues to...

VW plans for electric trucks and buses, starting production next year

Volkswagen e-DeliveryVolkswagen Group has now detailed its aggressive electrification timeline for every part of its vehicle operations, including heavy trucks, setting lofty goals for zero-emission vehicles in the future. While Volkswagen works on the passenger car side of things, VW Group's commercial-vehicle division, Volkswagen Truck & Bus, said in a company...

VW plans for electric trucks and buses, starting production next year

Volkswagen e-DeliveryVolkswagen Group has now detailed its aggressive electrification timeline for every part of its vehicle operations, including heavy trucks, setting lofty goals for zero-emission vehicles in the future. While Volkswagen works on the passenger car side of things, VW Group's commercial-vehicle division, Volkswagen Truck & Bus, said in a company...

VW Group makes 300 models globally, will electrify them all by 2030

Volkswagen ID Buzz ConceptAlong with the gleaming concept cars and new production models unveiled at last week's Frankfurt auto show, auto-company executives also make news. Often a company's CEO or product chief will announce directions for the future, whether they're hints about upcoming vehicles or new powertrain plans. Matthias Müller, chairman of the VW Group...

VW Group makes 300 models globally, will electrify them all by 2030

Volkswagen ID Buzz ConceptAlong with the gleaming concept cars and new production models unveiled at last week's Frankfurt auto show, auto-company executives also make news. Often a company's CEO or product chief will announce directions for the future, whether they're hints about upcoming vehicles or new powertrain plans. Matthias Müller, chairman of the VW Group...

Which company’s electric-car success will surprise us? Poll results

2017 Hyundai Ioniq ElectricPredicting the future is always hazardous, but for the auto industry, this is a particularly uncertain time. Four trends—electrification, connectivity, autonomy, and sharing—are coming together in a whirlwind that could rearrange the industry and its businesses within a decade or two. That's a relatively short timeframe in an industry...