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Wirecard to scale back pace of takeovers
The payment services provider Wirecard wants to slow down its pace of acquisitions following a series of takeovers.
September11,2018
German supervisors impose sanctions on EY in Wirecard scandal
The German authority that oversees auditors imposed sanctions on international accounting company EY for its shortcomings in ...
April04,2023
Payment service provider Wirecard growing rapidly
The payment service provider Wirecard continues to see rapid growth. Turnover and profits once again increased sharply in the second quarter.
July27,2018
German ministries agree on stricter rules after Wirecard debacle
German ministries have agreed on stricter regulations for financial markets and private companies, following a scandal involving the now-insolvent Wirecard company and its dubious accounting practices.
October14,2020
Germany to tighten financial supervision following Wirecard scandal
Germany's financial supervisory agencies are to be given greater powers to investigate complex balance sheet structures following the Wirecard scandal that broke in June this year, the cabinet decided in Berlin on Wednesday.
December22,2020
VW is betting on e-cars’ speedy success
Volkswagen wants to rapidly push ahead its transformation into an e-car manufacturer. By 2022, 27 models from four of the group’s brands will be launched on the basis of its own the specially created e-car platform, said Thomas Ulbrich, member of the...
September20,2018
VW plants in northeast China gradually resume production
After a one-month shutdown due to the coronavirus lockdown in Changchun in northeast China, the Volkswagen Group plants in the Chinese city have gradually resumed production.
April21,2022
VW and Belgium's Umicore launch battery materials joint venture
Volkswagen's battery unit and Belgian materials company Umicore have formed a joint venture to produce the materials needed for batteries, the two companies announced.
September28,2022
VW commercial vehicle group Traton sees orders drop from record high
The Volkswagen Group's lorry and bus subsidiary, Traton, saw commercial vehicle orders drop by 21% last year, after a very strong 2022.
January24,2024
VW teams up with JAC to make electric cars
A joint venture between Volkswagen China and Anhui Jianghuai Automobile (JAC Motors) to make electric cars has been approved by Chinese authorities.
May24,2017
VW and Amazon to partner on cloud services for assembly plants
Volkswagen is to join forces with Amazon in creating a cloud services partnership to boost productivity at its assembly plants, the German carmaker announced from its Wolfsburg headquarters on Wednesday.
March29,2019
BMW and VW occupy top positions in comparison of carmakers
At the beginning of 2018, BMW and Volkswagen once again occupied the top positions in a global comparison of car manufacturers.
May31,2018
VW Group head Diess: Digitalization will lead to job cuts
Digitalization is set to lead to job cuts at Germany's Volkswagen Group, Herbert Diess, the head of the management board, said at its Wolfsburg headquarters on Wednesday.
March25,2019
VW plans to make 1st cars with JAC by 2018
Volkswagen AG plans to make its first cars with China’s Anhui Jianghuai Automobile (JAC Motors) by 2018 and hopes the joint venture will get government approval in the first half of this year, its China CEO said on January 19.
January22,2017
VW pushes platform business - new logistics center in Eastern Germany
The German carmaker Volkswagen is pushing ahead with its cooperation with Ford and plans to put a new logistics hall into operation in Meerane (in the Zwickau district of the eastern German state of Saxony) for this purpose at the beginning of 2023.
May05,2022
VW subsidiary Sitech, supplier Brose plan joint venture
The Volkswagen seat manufacturer Sitech aims to set up a joint venture with the car components company Brose.
July15,2020
VW teams up with JAC to make electric cars
A joint venture between Volkswagen China and Anhui Jianghuai Automobile (JAC Motors) to make electric cars has been approved by Chinese authorities.
May23,2017
Court orders VW to compensate Dutch car owners in emissions scandal
Volkswagen must pay hundreds of millions of euros in damages to Dutch car owners caught up in the so-called emissions scandal, according to a ruling by an Amsterdam court on Wednesday.
July16,2021
VW plans to restart car production in German plants this month
Carmaker Volkswagen plans to restart vehicle production in Germany at the end of April.
April17,2020
VW: Commercial robot car use by the middle of next decade
Volkswagen wants to see the commercial use of self-driving cars "on a large scale" by the middle of the next decade. To this end, the company is bundling its activities into a new subsidiary, Volkswagen Autonomy.
November05,2019
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