Volkswagen

Real CO2 emissions from most passengers cars on EU roads are the same as 12 years ago despite reduction targets set in 2010 for newly registered vehicles, putting in jeopardy Europe's green agenda, the European Court of Auditors (ECA) said on Wednesday.

Türkiye's first electric carmaker Togg will introduce a new Sedan model to the market toward the end of 2024, Industry and Technology Minister Fatih Kacır has said.

Every one and a half or two years, new models will be launched, Kacır stated in a televised interview on private broadcaster CNN Türk.

German giant Volkswagen is set to follow Tesla's lead with a high-profile price drop as the battle for global dominance in the electric car segment intensifies, and local challengers race ahead in key market China.

New car sales in Slovenia fell by 14% last year after recovering by 3% in 2021 following a 27% drop in 2020, the year worst affected by Covid-19. Of the 46,339 cars registered in the country for the first time last year, 9,170 were electric vehicles, a rise of 12% on the year before, data from the Chamber of Commerce shows.

Türkiye's global technology brand, TOGG, is counting down the days to unload its first car in the C-SUV segment, which it defines as a "smart device."

Within the scope of the ceremony to be held on Oct. 29 with the participation of President Recep Tayyip Erdoğan, the opening of TOGG's production facilities in Gemlik will take place.

The construction of the factory for electric cars in the Bulgarian town of Lovech, which was agreed a year ago by the then Minister of Economy Kiril Petkov with the investor, has practically already started.

This was confirmed for the Bulgarian National Radio (BNR) by the executive director of the company "NEXT e GO" - Bulgaria, architect Lubomir Stanislavov.

EU auto sales slumped by 14 percent in the first half of this year, data showed on July 15, as supply shortages continued to plague manufacturers.

With the lack of computer chips still hobbling production, new auto sales slumped to 4.6 million in the European Union, data from the European Automobile Manufacturers Association showed.

Volkswagen celebrated the beginning of work on its first in-house battery factory, as the German auto giant looks to head off competition from U.S. and Chinese electric vehicle upstarts.

The firm plans to "steer the worldwide battery offensive" from the new plant in Salzgitter in central Germany, CEO Herbert Diess told a ceremony on July 7 attended by German Chancellor Olaf Scholz.

Germany's Volkswagen Group faces accusations of "slavery" practices in Brazil during the South American country's military dictatorship in the 1970s and 80s, German media said.    

German auto giant Volkswagen said yesterday its first quarter operating profit increased significantly in 2022, while warning that the "first effects" of the war in Ukraine were beginning to be felt.