Home / Tag Archives: Volkswagen

Tag Archives: Volkswagen

Tesla Motors, Inc. (NASDAQ: TSLA), (VWAGY) – Elon Musk takes Volkswagen ID.3 electric vehicle for a test drive: “It’s pretty good for a non-sporty car”

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk met with his Volkswagen AG (OTC: VWAGY) Counterpart Herbert Diess at a small airport where the latter test drove electric cars ID.3 and ID.4, according to a video published by the German car manufacturer. What happened: The meeting took place at Braunschweig Airport, where the Tesla boss received a preview of VW’s ID …

Read More »

Volkswagen reports a loss of $ 940 million in the first half of the year and lowers the dividend

An assembly line worker wears a protective face mask when Volkswagen AG (VW) resumes production at its headquarters in Wolfsburg on Monday, April 27, 2020. Volkswagen resumes production in its largest automobile plant in Wolfsburg, Germany A union leader warns that the political consequences of the coronavirus pandemic could be more damaging than production disruptions. Bloomberg Volkswagen reported an operating …

Read More »

Volkswagen made a racist complaint. Here’s why no one was fired

The German company apologized last month for advertising its new Golf 8 and removed it from its official Instagram page. The world’s largest automaker told reporters that an internal investigation, which included interviewing employees and analyzing hundreds of documents, “found no evidence of racist intentions in the production or approval of the clip.” The video was repeatedly released on social …

Read More »

The self-driving vehicle startup Argo AI signs a contract for USD 2.6 billion with Volkswagen and expands to Europe – TechCrunch

Volkswagen Group On Tuesday, the $ 2.6 billion investment was completed in Argo AI, the Pittsburgh-based self-driving auto startup that came out of hiding with $ 1 billion in Ford support in 2017. The deal makes Argo a global company with two customers – VW and Ford – with offices in the US and Europe and an immediate increase in …

Read More »

Volkswagen apologizes for racist Instagram advertising

The video clip was withdrawn, but not until it was republished elsewhere on social media. It showed an oversized white hand pushing a black man away from a parked VW Golf before flipping him to a restaurant called Petit Colon, which translates from French as Little Colonist or Little Settler. “We posted a racist promotional video on Volkswagen’s Instagram channel,” …

Read More »

Ex-Cadillac Boss Johan de Nysschen Now (Back) At Volkswagen

It's been over a year since Cadillac parted ways from its former boss, Johan de Nysschen . He headed up General Motors' luxury arm for four years at Audi and Infiniti and now back in the Volkswagen Group family. Everyone boomerangs around this industry, apparently! De Nysschen is now Volkswagen's new chief operating officer in North America, the automaker announced …

Read More »