Tag: VW Group

By on September 12, 2017

Volkswagen I.D. crozz concept

Volkswagen debuted a more realistic version of its I.D. Crozz concept vehicle at the Frankfurt Motor Show this week. While still a fantasy model, the physical representation that appeared at the trade event (and VW’s latest round of stylized images) hint at what the production vehicle will actually look like.

While it doesn’t have the conservative and understatedly handsome appearance of a typical VW, the Crozz is more or less on par with the styling of its I.D. sub-brand. It’s also is rumored to be the first of the I.D. vehicles offered for sale in the North American market. Anyone hoping for a pod-like electrified Tiguan ought to be chuffed by the prospect as they prepare their checkbooks.  (Read More…)

By on August 29, 2017

Audi logo badge emblem

Audi announced a rather high-level reorganization of management on Monday as it continues grappling with life after Volkswagen Group’s diesel-emissions scandal.

The automaker is still on the receiving end of numerous criminal investigations and vehicle recalls, as well as criticism from unions. But four of its board members aren’t coming along for the ride. Audi AG is replacing CFO Axel Strotbek, production chief Hubert Waltl, human resources head Thomas Sigi and sales chief Dietmar Voggenreiter, effective at the end of this month.  (Read More…)

By on August 4, 2017

Volkswagen VW Badge Emblem Logo

Oliver Schmidt, a German national and Volkswagen’s former emissions compliance manager in the United States, pleaded guilty in the U.S. District Court in Detroit for his role in the massive diesel emissions scandal. However, he didn’t cop to the complete list of charges.

Instead of the 11 felonies and 169 years of possible prison time he was initially charged with, Schmidt is down to just a couple — conspiring to mislead U.S regulators and violating the Clean Air Act. This makes him eligible for a maximum of seven years behind bars or, more likely, no jail time at all.  (Read More…)

By on July 25, 2017

Volkswagen VW Badge Emblem Logo

Oliver Schmidt, former top executive at Volkswagen’s environmental and engineering center in Michigan, is ready to plead guilty in a U.S. District Court in Detroit next month. Schmidt is charged with 11 felony counts relating to VW’s diesel emissions scandal and may be eligible for a maximum sentence of 169 years, according to federal prosecutors.

While the trial isn’t scheduled until August 4th, a spokesman for the court indicated the former-VW executive is seeking a plea deal. The details of the bargain are currently unknown, but it’s likely to involve a reduced sentence in exchange of information on the scandal’s murky history.  (Read More…)

By on July 7, 2017

VW of America Werner Eichhorn - Image: VolkswagenOne month ago, former Hyundai Motor America sales vice president Derrick Hatami departed Hyundai and ended up in a similar role at Volkswagen of America: executive vice president for sales and marketing.

Hatami moved into his new office on June 12, 2017. Less than two months from now, and two years after Volkswagen’s diesel emissions scandal erupted in September 2015, Hatami’s new boss will move into his new office. Imported from Skoda, Werner Eichhorn moves to Volkswagen’s North American region as the chief sales and marketing officer.

Together with Hinrich Woebcken, who became CEO of Volkswagen in North America in April 2016, seven months after #dieselgate broke, Hatami and Werner Eichhorn form the nucleus of an all-new sales team at Volkswagen of America.

And not a moment too soon. (Read More…)

By on June 16, 2017

electrify-america-ev-charging-station, Electrify America

As part of its emissions cheating penance, Volkswagen AG previously agreed to support clean vehicles by injecting a juicy $2 billion into green initiatives in the United States. A whopping $800 million of that sum was reserved for California. On Thursday, state legislators pressed the automaker to spend electric charging infrastructure funds in low-income areas, passing a bill included in a budget package supported by Governor Jerry Brown.

The reasoning behind forcing VW to install more charging stations in disadvantaged communities is twofold. First, and most obviously, is the fact that poorer neighborhoods typically don’t receive the same level of infrastructure advancement as affluent or high traffic areas. In fact, they’re probably the last place the state would bother installing EV charging stations. Secondly, it’s a good way to keep this punishment from becoming a business opportunity.

Criticism arose when rival automakers realized Volkswagen’s charging network could become profitable and give it an early advantage in a competitive new market, especially if it could handpick the sites.  (Read More…)

By on June 8, 2017

VW logo, Image: Volkswagen

Earlier this week, former Hyundai executive Derrick Hatami appeared to be a corporate sacrificial lamb — slaughtered by the Korean automaker to appease the angry sales gods. His abrupt departure from the company seemed to be an under-the-rug firing. However, his former employer quickly reached to us to explain Hatami had left on his own accord, wishing him well. While that’s often the boilerplate explanation when an executive is forcibly ousted from a large company, Hyundai wasn’t lying.

Hatami appeared, as if by magic, on Volkswagen of America roster less than 48 hours after news of his exodus broke. The current assumption is that his apparent firing from Hyundai was, in fact, a poaching maneuver undertaken by VW. Otherwise, this man has the most incredible interviewing skills on planet Earth.  (Read More…)

By on June 6, 2017

CCS Charging pic

Government officials and automakers are accusing Volkswagen of twisting its emissions-cheating penance to its own advantage. As part of its sentence for equipping over half a million vehicles with defeat devices, the United States is forcing VW to spend billions of dollars on a decade-long program that promotes environmentally friendly transportation and green technologies. The company opted to invest a large part of those compulsory efforts into establishing an EV charging network within the U.S.

However, seven state attorneys generals have urged the Environmental Protection Agency to closely monitor Volkswagen’s course. They contend that such a network would give the company an unfair advantage in the forthcoming electric revolution, allowing VW to profit from its misconduct.  (Read More…)

By on May 23, 2017

Matthias Müller, Image: Volkswagen AG/Wikimedia Commons (CC BY 3.0)

Volkswagen has attempted to portray itself as a kinder and more responsible automaker in the wake of its emissions cheating scandal. However, CEO Matthias Müller says convincing middle management to change has proven exceptionally difficult. VW has been pushing to become — or at least seem like — a more transparent company that has decentralized its rigid management hierarchy.

“There are definitely people who are longing for the old centralistic leadership,” Müller stated during a meeting with business representatives on Monday. “I don’t know whether you can imagine how difficult it is to change their mindset.”

It’s been 20 months since the diesel emissions scandal entered the news cycle and Müller took over as chief executive. Throughout that time, VW’s top executives have tossed mid-level employees under the bus on numerous occasions. While there is little reason to doubt some might have trouble adjusting to a new corporate climate, it would be nice to hear top brass taking any semblance of responsibility once in a while — even on something minor like this.  (Read More…)

By on May 17, 2017

Matthias Müller, Image: Volkswagen AG/Wikimedia Commons (CC BY 3.0)

German prosecutors verified the launch of a formal investigation involving Volkswagen Group CEO Matthias Müller and chairman Hans Dieter Poetsch due to suspected market manipulation.

While we reported on the probe last week, Müller’s inclusion was highly unexpected. It was unclear what, if anything, officials had on the CEO and why they waited until now to add him to the growing number of upper-level executives under examination.

The Stuttgart prosecutor’s office stated on Wednesday the investigation was prompted by a request from market regulator BaFin in the summer of 2016. After spending some time gathering evidence, investigators began to believe executives deliberately postponed releasing information to investors about the scale of the scandal and didn’t adequately disclose its financial consequences.

VW Group maintains the leadership had complied with disclosure rules and executives were unaware of the scope of the emissions cheating scandal when it kicked-off.  (Read More…)

By on May 11, 2017

Matthias Müller, Image: Volkswagen AG/Wikimedia Commons (CC BY 3.0)

Volkswagen Group CEO Matthias Müller is under investigation in Germany over the possibility he withheld important information on the company’s emissions scandal to investors, as well as potential market manipulation relating to Porsche. While public prosecutors continued to broaden their search among high-ranking company officials, the inclusion of the CEO is a bit of a surprise.

It was widely believed Müller would be free from scrutiny as he was appointed to replace ex-CEO Martin Winterkorn shortly after the emissions scandal went public in September 2015. Initially, German investigators even stated the CEO was not suspected of any wrongdoing. Then, in March of 2017, prosecutors launched a raid that seized the mobile phones, electronic passwords, appointment books, and email files of numerous Volkswagen and Audi employees — including Müller.  (Read More…)

By on May 11, 2017

Volkswagen VW Badge Emblem Logo

Volkswagen AG announced at its annual shareholders meeting this week that it will not be publishing the findings of an external investigation into its diesel emissions scandal conducted by the Jones Day law firm. The reason for VW’s secrecy is due to an underlying fear among management that the information held in the report would lead to further lawsuits and fines.

VW Chairman Hans Dieter Pötsch addressed the thousands of shareholders by first thanking the U.S. legal team for its hard work and then explaining there was no way in hell anyone outside of the company would benefit from its findings — tossing any promised transparency out the window. (Read More…)

By on April 21, 2017

2015-Volkswagen-Golf-SportWagen-09
Oh my God, it’s finally almost over. After a 10-year conspiracy and almost 600,000 rigged diesel cars, VW’s legal battle with the United States is coming to an end. Volkswagen pled guilty last month to conspiracy to commit fraud and the obstruction of justice after it was caught cheating on emissions tests in 2015, and we’ve been eagerly waiting the verdict and subsequent punishment.

Today, a U.S. judge ordered the automaker to observe three years of probation and shell out a $2.8 billion criminal fine. The sum, which Steph Willems has informed me equates to 135,168 VW Golfs — after delivery and rounding up to the closest car — is in addition to the company’s $1.5 billion in civil penalties,  $4.7 billion in mandatory anti-pollution initiatives, and $11.2 billion diesel buyback program.  (Read More…)

By on April 19, 2017

tdiengine

Earlier this year, Volkswagen received the necessary approvals to begin fixing vehicles equipped with 2.0-liter diesel engines that had been modified to circumvent emissions testing. While older VW and Audi models with TDI powerplants continued amassing on vacant lots via its mandatory buyback program, 2015 MY units have begun undergoing engine control module alterations.

Those vehicles are now back on sale and Volkswagen is offering them with a considerable discount attached, though the manufacturer hasn’t made a peep about the deal. Instead, the automaker is leaving it to dealers to break the news — or not. (Read More…)

By on February 26, 2017

2017 Bentley Bentayga rear

If you were wondering if the Volkswagen-owned Bentley Motors Limited would be omitted from its parent company’s promise of rampant electrification, it won’t.

Bentley also isn’t too high and mighty to hop onto the compact crossover bandwagon. Executives are saying that the luxury motorcar manufacturer is toying with the notion of producing a small all-electric SUV positioned beneath the $229,100 Bentayga, in stature anyway.  (Read More…)

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