Volkswagen reaches settlements with U.S. government
Volkswagen AG has agreed with the U.S. government to resolve criminal and federal environmental and other civil claims against the company relating to the diesel matter. As part of the resolution, Volkswagen has agreed to pay penalties and fines totaling $4.3 billion and to a series of measures to further strengthen its compliance and control systems, including the appointment of an independent monitor for a period of three years.
Matthias Müller, Chief Executive of Volkswagen Group, said: "Volkswagen deeply regrets the behavior that gave rise to the diesel crisis. Since all of this came to light, we have worked tirelessly to make things right for our affected customers and have already achieved some progress on this path. The agreements that we have reached with the U.S. government reflect our determination to address misconduct that went against all of the values Volkswagen holds so dear. They are an important step forward for our company and all our employees."
Volkswagen Group delivers 10.3 million vehicles in 2016
10/01/2017The Volkswagen Group delivered 10.3 million vehicles to customers worldwide last year, a rise of 3.8 percent compared with the prior-year figure. Deliveries in December rose by 11.8 percent to 933,300 vehicles.
From the gaming industry and top-level research: More than 1,000 international IT experts are to join Volkswagen
28/12/2016The Volkswagen Group is reinforcing its team with highly qualified IT specialists and strongly expanding its know-how in the fields of artificial intelligence, big data, virtual reality, smart production and connectivity. For these tasks, Volkswagen is increasingly recruiting highly qualified lateral entrants from a variety of high-tech sectors, the gaming industry and top-level research. In the next three years alone, the Group will be securing the services of more than 1,000 IT experts.
EVA+: Enel, Verbund, Renault, Nissan, BMW and Volkswagen Group Italia join forces for mobility of the future in Italy and Austria
22/12/2016Electric Vehicle Arteries (EVA+) is an electric mobility project to be carried out in Italy and Austria for which a grant agreement worth a maximum of 4.2 million euros has already been signed with INEA, the Innovation and Networks Executive Agency delegated by the European Commission (EC). EVA+ will be officially launched in Brussels in January 2017.
Volkswagen Group receives all approvals from German Federal Motor Transport Authority (KBA) for modifications of TDI engines
21/12/2016All necessary official approvals within the remit of the German Federal Motor Transport Authority (KBA) have now been issued for the modification of diesel vehicles with type EA189 engines.
Volkswagen Group Italia: action plan for Diesel EU5 Type EA189 engines
07/10/2015The web-process which allows the Customers to check whether their vehicle will be involved in the service action to correct the nitrogen oxides (NOx) emissions characteristics on EU5 Type EA 189 Diesel engines or not, has been released.
Matthias Müller appointed CEO of the Volkswagen Group
25/09/2015Volkswagen Group Matthias Müller appointed CEO of the Volkswagen Group Matthias Müller (62) has been appointed CEO of Volkswagen AG with immediate effect.