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Volkswagen Group management reduces the range of possible car model versions and their sets to make up the losses from the emission scandal. This way the German manufacturer hopes to save 1.9 billion euros.The top manager of Volkswagen, Bernd Osterloh, said that this decision, reduce labor costs and complexity, was taken for a long time. Osterloh said reducing the variety of car models and options could enable Volkswagen to "take out costs there on a large scale" without forcing the company to cut jobs, Bloomberg reported. VW has one major U.S. factory, located in Chattanooga, Tenn.V...
Audi is one of the favored car in China, it is very popular among female consumers that now make up about a third of the automaker's buyers in the market. “Audi drivers are the progressive, white-collar workers and it’s an image I identify with,” said the 32-year-old furniture designer, who’s deciding between an A4L sedan or the Q5 SUV. “I work hard and want to make sure my money is well spent.”Audi slows the growth in luxury sales in China, carmakers have to spread their bets and appeal to as many demographic groups as possible. Audi’s sales ...
U.S. authorities investigate all members who may cause in the Volkswagen's scandal emissions. Now it is German auto supplier Robert Bosch GmbH. Bosch occupied with preparing of the key components in the diesel engine for six Volkswagen models and one Audi model that the automaker has admitted to rigging to defeat emissions tests. This situation is still not opened to the public, but it is known that U.S. prosecutors have found evidence of wrongdoing at Bosch. Bosch produces the so called EDC17, an engine control module and a basic software for nearly all the four-cylinder di...
Volkswagen sold fewer vehicles in October, but still more than anybody else in Europe.The VW statistics:Seat car sales declined 11.2%Skoda car sales declined 2.9%Volkswagen lost 0.8%Audi cars sales grew with 3.5%Porsche sales grew with 13.3%The German automaker's sales volume dropped with 0.8% in October and now makes up 25.2% of all cars sold on the continent. Before the scandal broke, that figure stood at 26.1 per cent.Across all brands, 1.14 million vehicles were sold in Europe in October. That's an increase of 2.7% from September's level.German luxury carmakers BMW and Daimler ...
A Canadian law company proposed a class action lawsuit stemming from Volkswagen's admission that it had cheated emissions tests for some of its diesel-powered cars.An investigation, which were taking place in Germany on Tuesday, has some elements that will involve also some of the Volkswagen's gas-powered vehicle products into this lawsuit. "Our firm is presently investigating the extent to which Canadian owners of Volkswagen gasoline-powered vehicles will be affected by the information derived from the ongoing investigation," said lawyer Myron Shulgan, when speaking wit...
