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Volkswagen To Invest USD 800 Million In Electric Vehicles

Volkswagen To Invest USD 800 Million In Electric Vehicles

Volkswagen Group (OTCMKTS: VWAGY) announced on Monday that the Company will invest USD 800 Million into a manufacturing base for electric vehicles. The Company’s North American base will be located in Chattanooga, Tennessee. This undertak..

Volkswagen Delivered 10.8 Million Vehicles in 2018

Volkswagen Delivered 10.8 Million Vehicles in 2018

Volkswagen Group’s deliveries rose 0.9% to a record 10.83 million last year, according to the German company, putting it neck-and-neck with Renault-Nissan-Mitsubishi in the race to be the world’s biggest vehicle manufacturer.Rivals Toyot..

Porche's Employees Under Investigation by German Prosecutors

Porche's Employees Under Investigation by German Prosecutors

On Monday, The Stuttgart prosecutor’s office said that employees at German sports car maker Porsche AG and a U.S-based subsidiary were being investigated for suspected fraud and false advertising related to diesel emissions.According to an art..