Volkswagen Group

A pledge from Turkey for a change in the special consumer tax system at a specific date in the future would reportedly be enough to convince Volkswagen to choose the country over Bulgaria as the location for a €1bn multi-brand auto production plant, write bne InelliNews

Former CEO (1993-2002) and Former Chairman of the Supervisory Board (2002-2015) of Volkswagen Ferdinand Piëch died on Monday at the age of 82, TASS reported, citing Bild.

According to Bild, the Austrian businessman was admitted to hospital after visiting a restaurant in the German city of Rosenheim. The cause of Piëch's death is not clear.

Next month, Volkswagen will revail its new logo, announced this spring, at the Frankfurt Motor Show.

The first car to commemorate the change and be fitted with the new emblem is the long-awaited Volkswagen ID.3 hatchbag, a 100 percent electric compact coupe, according to L'Automobile Magazine.

Bulgaria remains in the race for the new Volkswagen plant, but if the German concern chooses Turkey, Bulgaria starts negotiations with South Korea's Hyundai, Economy Minister Emil Karanikolov told 24 Hours.

Bulgaria offers new competitive conditions for Volkswagen plant and it is still in the race for the Volkswagen plant, said Minister of Economy Emil Karanikolov.

A Danish court July 17 ordered a Volkswagen dealer to pay Chinese artist Ai Weiwei more than 230,000 euros in damages for using one of the artist's works in an ad without authorization.

Bucharest, July 14 /Agerpres/ - The number of used car registrations in Romania dropped by almost 7.29pct in the first half of the year to 217,701 units compared to the same period in 2018 when 234,794 units were registered, according to the statistics of the Vehicle Driving License and Registration Regime (DRPCIV), consulted by AGERPRES.

German car maker Volkswagen plans to build a factory for the production of several automotive models in Turkey, Automobileworld, a German automobile magazine, said on Friday.

This information means that the new Volkswagen car factory will not be based in Bulgaria.

German carmaker giant Volkswagen has named Turkey and Bulgaria as the two finalists for the location of a new vehicle plant.

New car sales in Bulgaria increased by 10.1% on annual base to 3641 in May. This shows data from the Association of European Automobile Manufacturers (ACEA).

In the period January - May, the registration of new cars in our country increased by 3.9% yearly to 15 068 units from 14 496 for the same period in 2018.