It didn’t take long for sources to squeal about the size of the settlement forged yesterday between Volkswagen and its ornery U.S. dealer network.
According to people familiar with the deal, 652 VW dealers will share about $1.2 billion to offset losses from unsold vehicles and sunk costs, Bloomberg reports. But cash is only one part of the company’s plan. The other involves its customers’ wallets. (Read More…)
America’s Volkswagen dealers took the brunt of the automaker’s diesel emissions scandal, but a cash payout designed to ease their troubles is on the way.
Lawyers for the dealers, who were once poised to revolt against their employer, announced a tentative settlement deal with the automaker today, Reuters reports. (Read More…)
Volkswagen’s long-awaited three-row SUV has appeared on a Chinese website completely free of camouflage, months ahead of its expected appearance at the Los Angeles Auto Show.
The Chattanooga-built SUV, which will likely take the Teramont name, draws inspiration from the 2013 CrossBlue concept and is a big part of Volkswagen’s planned American brand revival. (Read More…)
Updated with details on all-wheel drive being standard equipment for Alltrack.
Volkswagen of America needs a winner as it reels from the ongoing diesel emissions scandal, and its forthcoming Alltrack — a jacked-up, all-wheel-drive version of the SportWagen — is hopefully just the ticket.
As Volkswagen prepares to launch the new model on American shores, it’s all hands on deck for the German automaker as it sends representatives from its internal training department to every single dealership in the United States.
A grownup game of keep-away is taking place in Germany, and Volkswagen is the kid without the ball.
Work stoppages are looming or already occurring at four of the automaker’s plants after a supplier dispute left Volkswagen without key transmission and seat parts. With the costly fallout of its emissions scandal top of mind, the automaker plans to waltz into the supplier’s factories and take what it needs, Automotive News Europe reports. (Read More…)
Lawyers representing U.S. Volkswagen owners claim European auto parts supplier Bosch was a willing accomplice in the scheme to deceive diesel buyers and regulators.
The scandal forced the automaker into a $15.3 billion settlement in the U.S., but its corporate partners escaped relatively unscathed. That might not be the case anymore, Bloomberg reports. (Read More…)
The powers that be at Volkswagen aren’t big fans of the Pokémon Go app. While most people think of it as a fun and nerdy augmented reality game, the automaker’s executives see it as a one-way ticket to industrial espionage.
Because of this, Volkswagen’s 70,000 employees are forbidden from installing the app on their company phones, according to the German publication Bild (via Carscoops). (Read More…)
Apple loves it when people buy its toys, but doesn’t appreciate it when other companies try to muscle into its technology playpen.
Whether the tech giant likes it or not, the Volkswagen-owned Seat brand just became the first automaker to design and market an app that is compatible with Apple CarPlay. (Read More…)
Two decades’ worth of Volkswagen Group vehicles are vulnerable to a simple, cheap hack that can unlock their doors.
A research paper released this week (first reported by Wired) describes how multiple Volkswagen, Audi, Seat and Skoda models built since 1995 can be unlocked using a handmade radio that copies key fob signals. (Read More…)
Three unapproved software programs were found on Volkswagen, Audi and Porsche models outfitted with 3.0-liter diesel engines, a German newspaper reports.
The publication Bild am Sonntag said that U.S. authorities discovered the software, though it didn’t reveal a source for the information, according to Reuters (via Automotive News). (Read More…)