VW defends Xinjiang car plant after China internment camp cables

Business Nov 27, 2019

VW defends Xinjiang car plant after China internment camp cables

Volkswagen on Tuesday defended its car plant in Xinjiang, after leaked documents shed light on Chinese detention camps in the region holding over a million Uighurs and other Muslim minorities. Volkswagen said in a statement it was "aware of the situation in the region" and ...

Volkswagen unveils new Golf as end of gasoline era nears

Business Oct 25, 2019

Volkswagen unveils new Golf as end of gasoline era nears

Volkswagen unveiled the newest incarnation of its iconic Golf hatchback on Thursday, counting on the bestseller to help fund a costly switch to the electric era and bridge the gap to the cars of the future. The eighth generation of the unglamorous but trusted compact ...

Volkswagen pulls truck unit IPO in setback to CEO's revamp

Business Mar 14, 2019

Volkswagen pulls truck unit IPO in setback to CEO's revamp

Volkswagen AG canceled plans to sell a share of its Traton SE division due to weak market conditions, dealing a setback to the automaker's plan to generate fresh funds for the heavy-truck unit's expansion outside Europe. "We regret that we have to refrain from a ...