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Volkswagen AG (VOWG_p.DE)

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Latest Key Developments (Source: Significant Developments)

Volkswagen Group Canada says Courts approve consumer settlement in Canada for Volkswagen and Audi 2.0L TDI vehicles nationwide
Friday, 21 Apr 2017 02:57pm EDT 

April 21 (Reuters) - Volkswagen Group Canada Inc::Both Québec and Ontario Courts have granted approval of nationwide settlement agreement to resolve consumer claims in Canada.Approval to resolve consumer claims in Canada related to 2.0L diesel emissions matter for about 105,000 affected vehicles.Approved settlement agreement provides for cash payments to eligible owners, lessees of Volkswagen and Audi 2.0L TDI vehicles.  Full Article

Czech car production up 10.7 percent in Q1 -CTK
Friday, 21 Apr 2017 06:30am EDT 

April 21 (Reuters) - :Czech car production up 10.7 percent to 387,342 vehicles in q1 -CTK news agency.  Full Article

Fiat Chrysler chairman says priority is business plan
Friday, 14 Apr 2017 10:38am EDT 

Fiat Chrysler Chairman John Elkann says: his priority is to reach goals set in business plan, when asked about a possible merger by end of 2018 Further company coverage: [FCHA.MI] (Reporting by Milan Newsroom).  Full Article

Fiat Chrysler CEO says car industry consolidation still important
Friday, 14 Apr 2017 10:29am EDT 

Fiat Chrysler Chief Executive Sergio Marchionne says: Consolidation in the auto sector is still important due to the high cost of investments Further company coverage: [FCHA.MI] (Reporting by Milan Newsroom).  Full Article

Audi says March sales down 6.8 pct at 173,450 cars
Thursday, 13 Apr 2017 07:58am EDT 

Audi AG : March sales down 6.8 percent at 173,450 cars; 3-month sales down 7.3 percent to 422,600 cars . Says march sales: China down 18.9 percent; USA up 1.7 percent; Europe up 1.3 percent Further company coverage: [NSUG.DE] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;)).  Full Article

Volkswagen says VW brand sales up 2.5 percent in March
Wednesday, 12 Apr 2017 03:10am EDT 

Volkswagen : Says VW brand sales up 2.5 percent in March to 557,400 vehicles, down 1.3 percent in Q1 . Says March VW brand sales up 1.1 percent in Europe, up 2.7 percent in USA, up 3.6 percent in China Further company coverage: [VOWG_p.DE] (Reporting By Georgina Prodhan) ((georgina.prodhan@thomsonreuters.com;)).  Full Article

Audi to start production of new Q4 model in Hungary in 2019 -agency
Monday, 10 Apr 2017 11:13pm EDT 

Audi Ag : Audi's Hungarian unit says to start production of new Q4 model at Gyor plant in 2019 -news agency MTI . Q4 "compact utility vehicle" to boost number of models manufactured in Hungary to six Further company coverage: [NSUG.DE] (Reporting by Gergely Szakacs and Krisztina Than) ((gergely.szakacs@tr.com Twitter: https://twitter.com/szakacsg ; +36 1 327 4748; Reuters Messaging: gergely.szakacs.thomsonreuters.com@reuters.net)).  Full Article

Porsche AG buys family holding's stake in Porsche Design Group
Wednesday, 5 Apr 2017 04:05am EDT 

Volkswagen AG's Porsche AG : Says has bought 35 percent stake in Porsche Design Group from a holding of Porsche family . Says now owns 100 percent of Porsche Design Group . Says strategy of Porsche Design Group to remain untouched by transaction Further company coverage: [VOWG_p.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Audi to acquire Silvercar Inc
Thursday, 30 Mar 2017 08:00am EDT 

Audi Ag : Audi to acquire Silvercar Inc., expand digital mobility technology and service offerings .Audi of America- Audi to acquire remaining shares of Silvercar following minority stake purchased in 2015.  Full Article

Volkswagen says it has U.S. EPA approval to sell repaired diesels - Bloomberg
Wednesday, 29 Mar 2017 06:57pm EDT 

:Volkswagen says it has U.S. EPA approval to sell repaired diesels - Bloomberg.  Full Article

More From Around the Web

VW judge dares plaintiffs’ lawyers to go after clients for fees

It’s obvious from a ruling Monday by U.S. District Judge Charles Breyer of San Francisco that the judge does not think owners of Volkswagen "clean diesel" cars needed individual counsel. The judge denied motions by 244 plaintiffs' lawyers who wanted VW to pay them for the time they spent drafting filings for individual car owners, suggesting edits to classwide filings and advising their clients about developments in the case, including advice about whether to participate in the $10 b