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The deal includes "socially responsible" job cuts of over 35,000 German factory workers by 2030.
Volkswagen said on Thursday that a major IT outage was resolved overnight and its global production network was up and running again, allowing production to proceed as planned. The German carmaker ...
On September 6, 2007, Volkswagen of America announced it would relocate its North American headquarters to Herndon, Virginia. [20] [21] Volkswagen sales are particularly strong in the Mid-Atlantic region, as well as both coasts. The company indicated that it is important for them to locate in a region where their customer base is strongest.
Volkswagen, as part of its settlement following the "Dieselgate" emissions scandal, invested $2 billion in creating Electrify America. In June 2022, Siemens became a minority shareholder of the company. Electrify America supports the CCS and CHAdeMO connector types with plans to add NACS connectors starting in 2025. Electrify America has been ...
[20] Management at Volkswagen of America was also described as having become Americanized [21] and having struggled with advertising for Westmoreland's main product, the Rabbit. In his 2002 book Getting the Bugs Out: the Rise, Fall, and Comeback of Volkswagen in America, David Kiley said that "the German character was fading into oblivion." [21]
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German auto giant Volkswagen group reported strong results on Tuesday, but the big headline is another large expansion in EV and “digitalization” spending. Volkswagen to invest $193 billion on ...
On 8 October 2015, Volkswagen US CEO Michael Horn said in testimony before the U.S. Congress [7] [8] [9] that it could take years to repair all the cars, especially the older models, due to the complex hardware and software changes that will be required. He also said that the fixes will likely preserve fuel economy ratings but, "there might be ...