Volkswagen
The Car Market in Europe is Growing
Overall in 2019, new-car registrations increased by 1.2% across the European Union, reaching more than 15.3 million units in total and marking the sixth consecutive year of growth. The year started on weak footing due to the lasting impact of the introduction of the WLTP test in September 2018.
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Turkey's first indigenous car makes a splash, says minister
With interest in Turkey's first indigenous car already running high, the procedure for pre-orders will be set up soon, according to the country's industry and technology minister.
Volkswagen raises forecast for electric car production
Automaker Volkswagen is accelerating its move into battery-powered cars, saying it will reach its goal of 1 million electric cars per year two years earlier than planned. Dec. 27's announcement came as European automakers are under pressure to meet lower emissions limits aimed at fighting global warming.
Volkswagen Plant Will be in Plovdiv, not in Turkey, the City's Deputy Mayor Believes
There is no final decision of the Volkswagen Group where it will make its new plant, but we see that the construction in Turkey has not started yet, Deputy Mayor Stefan Stoyanov told his colleagues in Plovdiv in response to a question whether Bulgaria and in particular Plovdiv lost the battle for Volkswagen.
Volkswagen Will Decide whether to Build its New Plant in Turkey by the End of the Year
By the end of this year, Volkswagen will decide whether to build its new plant in Turkey. This was announced after a meeting of the Group's Supervisory Board.
Volkswagen Managers Are Being Investigated for Giving Excessively High Salaries to Certain Employees
German prosecutors say they have charged four current and former personnel managers at Volkswagen executives of providing excessive salaries and bonuses to several members of the employee council.
The action benefited five council members, which cost the car giant about $ 5.1 million in overpayments, prosecutors said.
Volkswagen Has Started Manufacturing the ID 3 Electric Cars
The Volkswagen automotive concern has started manufacturing electric vehicles ID 3, according to the German newspaper Spiegel. The manufacturing is in the city of Zwickau.
Greece also Enters the Race for the Volkswagen Plant
Greece is also interested in the Volkswagen car factory being built on its territory.
This was stated by the Greek Economy Minister, quoted by the leading German business publication Handelsblatt.
Volkswagen to Choose Slovakia instead of Turkey?
German automaker Volkswagen may decide to produce one of its best-selling models - the Passat in Slovakia instead of Turkey, the automotive news agency reported.
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Volkswagen Is not Looking for a New Place to Build its Plant
Volkswagen is not looking for an alternative site to build a new plant after deciding to freeze its project in Turkey. This was stated by a representative of the company to German media.
"We are watching developments very closely. Our plans for Turkey are currently on hold," Leslie Bothge told Anadolu Agency.