The U.S. Securities and Exchange Commission (SEC) on Monday defended the pace of its investigation into Volkswagen AG after a judge asked why the agency waited two years after a global scandal related to vehicle emissions to sue the automaker. The SEC filed a civil suit in March accusing Volkswagen and its former chief executive, Martin Winterkorn, of defrauding investors in U.S. bond offerings. Volkswagen was caught using illegal software to cheat U.S. pollution tests in 2015, triggering a gl
Volkswagen will create joint ventures and help finance battery production to persuade sceptical cell suppliers to back its aggressive push for mass producing electric vehicles, board member Stefan Sommer told Reuters. VW has said it will buy 50 billion euros (£44.8 billion) worth of battery cells and has identified Sweden's Northvolt, South Korea's SKI , LG Chem and Samsung SDI as well as China's CATL as strategic partners. "Not every
Production ran for 25 years.
Volkswagen took trucks public as a way to pay for EVs.
VW won't have to pay royalties on Beetle sales
We scoured vehicle transaction data to find out which brand-new compact crossovers offer the best deals in June, 2019.
Diess says first cars should be delivered before 2020.
Said to retain 70 percent of 'usable capacity.'