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  1. Do you remember the Volkswagen Kübelwagen? You might know it better as the Thing sold in 1970s. Volkswagen could be bringing it back as an electric vehicle. Speaking with Car and Driver, Volkswagen brand boss Herbert Diess said the upcoming MEB (Modular Electrification Toolkit) architecture might be the perfect platform to bring back some of the company's iconic vehicles like the Thing. “MEB is flexible—rear-wheel drive, front-wheel drive, all-wheel drive—and we have so many emotional concepts. I don’t know if you remember the Kübelwagen. This Thing is a nice car. Then there are all the buggies, the kit cars. We have the bus. We have the various derivatives of the bus. We have so many exciting concepts in our history that we don’t have to do a Beetle,” said Diess. This possible idea isn't that all surprising as Volkswagen as the I.D. Buzz was inspired by the Microbus. Speaking of the Beetle, Car and Driver asked if there will be a replacement for this model. As we have reported previously, the Beetle could be canned due to poor sales. “No decision yet. The next decision on the electric cars will be, ‘What kind of emotional concepts do we need?’ [A decision] might happen next year. This Beetle won’t go electric; the next one might, if there is a next one. We have a good chance on the electric side to do derivatives and emotional derivatives. It’s probably more efficient to do so than in [internal combustion] cars,” said Diess. “We could [build an electric Beetle], because it is rear-wheel drive, no grille. If we wanted to do a Beetle electrically, it would be much better than the current car. Much closer to the history of the Beetle. [But] I think the Microbus is a much better emotional concept for the brand than the Beetle. If you go to California, everybody would say it’s the bus.” Source: Car and Driver View full article
  2. William Maley

    Skoda To Make A Decision On U.S. Next Year

    Skoda has been cagey with saying when a possible decision of selling vehicles in U.S. will come. Ask anyone at the Czech automaker and they'll say there isn't a timeframe. It seems now there is a timeframe. German business daily Handelsblatt recently talked with Skoda CEO Bernhard Maier. During their talk, Maier revealed a decision for the U.S. will happen sometime next year. “In the course of the coming year, we want to decide on the question of North America,” said Maier. “When we talk about our plans until 2025, then you cannot leave out one of the most important car markets in the world. Therefore, we examine under what conditions and with what cars the entrance to the U.S. market would be possible.” Skoda wants to be in 120 global markets by 2025. At the moment, Skoda is in 102 markets. This will grow next year as the brand will enter Iran, South Korea, and Singapore. Source: Handelsblatt (Global Edition)
  3. The Volkswagen Jetta is an important model for the North American market and a new model is just over the horizon. Volkswagen North America CEO Hinrich Woebcken recently spoke with journalists at the Redbull Global Rallycross Championship in Los Angeles and dropped some interesting details about the next-generation Jetta. The new Jetta will make its debut at the Detroit Auto Show in January. Design-wise, Woebcken said it would have coupe-like form and promises to be "great-looking". Dealers were shown the vehicle back in April and were “extremely excited” about it. Woebcken also said the new Jetta will be given the "North American touch, not always in terms of lower costs or less content, but in specific needs for the market.” A few other bits of information about the next Jetta An R-Line model will be available within three months of the launch - possibly spring A manual transmission will be available at launch. Concerns about the manual going away stem from the 2018 GLI not having this option. As for the GLI itself, the new version will launch a year after the regular Jetta The next-generation Passat was also briefly mentioned. Woebcken said the model would launch sometime in 2019 and described the design as “not evolutionary, but really exciting exterior design.” Source: Motor Trend Pic Credit: William Maley for Cheers & Gears
  4. The Volkswagen Jetta is an important model for the North American market and a new model is just over the horizon. Volkswagen North America CEO Hinrich Woebcken recently spoke with journalists at the Redbull Global Rallycross Championship in Los Angeles and dropped some interesting details about the next-generation Jetta. The new Jetta will make its debut at the Detroit Auto Show in January. Design-wise, Woebcken said it would have coupe-like form and promises to be "great-looking". Dealers were shown the vehicle back in April and were “extremely excited” about it. Woebcken also said the new Jetta will be given the "North American touch, not always in terms of lower costs or less content, but in specific needs for the market.” A few other bits of information about the next Jetta An R-Line model will be available within three months of the launch - possibly spring A manual transmission will be available at launch. Concerns about the manual going away stem from the 2018 GLI not having this option. As for the GLI itself, the new version will launch a year after the regular Jetta The next-generation Passat was also briefly mentioned. Woebcken said the model would launch sometime in 2019 and described the design as “not evolutionary, but really exciting exterior design.” Source: Motor Trend Pic Credit: William Maley for Cheers & Gears View full article
  5. VOLKSWAGEN OF AMERICA REPORTS SEPTEMBER 2017 SALES RESULTS Sales totaled 32,112 units, an increase of 33.2 percent over September 2016 Year-to-date sales totaled 252,456 an increase of 9.2 percent Sales of the all-new 2018 Atlas totaled 4,095 units Sales of the all-new 2018 Tiguan totaled 3,075 units Best September on record for GTI, 2,217 units delivered Herndon, VA — (October 3, 2017) Volkswagen of America, Inc. (VWoA) today reported sales of 32,112 units delivered in September 2017, a 33.2 percent increase over September 2016. With 252,456 units delivered year-to-date in 2017, the company is reporting an increase of 9.2 percent in year-over-year sales. Volkswagen is shifting its lineup to offer more family-friendly SUVs. The positive results are seen in September’s sales as SUVs accounted for more than 26 percent of total volume for the Volkswagen brand. The Chattanooga-built Atlas delivered 4,095 units, while the 2018 Tiguan delivered 3,075 units, both showing a steady increase in sales for the vehicles. Additionally, the Golf family was boosted by sales of the Golf SportWagen—which includes Alltrack—and the GTI. In total, Golf delivered 5,685 units, an increase of 24 percent for the award-winning family of vehicles. September 2017 Sales September 17 September 16 Yr/Yr% change September 17 YTD September 16 YTD Yr/Yr% change Golf 1,264 1,082 16.8% 11,137 9,549 16.6% GTI 2,217 1,837 20.7% 16,814 17,187 -2.2% Golf R 71 204 -65.2% 2,655 3,103 -14.4% e-Golf 187 529 -64.7% 2,699 2,782 -3.0% Golf SportWagen 1,946 933 108.6% 22,171 8,477 161.5% Total Golf Family 5,685 4,585 24.0% 55,476 41,098 35.0% Jetta Sedan 12,038 8,299 45.1% 90,996 89,743 1.4% Jetta SportWagen (now Golf SportWagen) N/A N/A N/A N/A 5 -120.0% Total Jetta 12,038 8,299 45.1% 90,995 89,748 1.4% Beetle Coupe 600 988 -39.3% 6,872 6,839 0.5% Beetle Convertible 465 353 31.7% 5,597 4,322 29.5% Total Beetle 1,065 1,341 -20.6% 12,469 11,161 11.7% Eos* N/A N/A N/A 1 387 -99.7% Passat 4,636 6,335 -26.8% 50,630 53,086 -4.6% CC 71 234 -69.7% 1,182 2,355 -49.8% Tiguan 1,226 2,988 -59.0% 20,680 30,225 -31.6% 2018 Tiguan 3,075 N/A N/A 6,184 N/A N/A Touareg 221 330 -33.0% 2,608 3,208 -18.7% Atlas 4,095 N/A N/A 12,231 N/A N/A TOTAL 32,112 24,112 33.2% 252,456 231,268 9.16% *Eos production ended in July 2015
  6. A few weeks ago, we reported that Volkswagen wasn't planning to bring the T-Roc over to the U.S. No reason was given, but we suspected price was a key reason. At the Frankfurt Motor Show, Volkswagen's director of development, Dr. Frank Welsch confirmed the T-Roc isn't coming. "Let's be very clear: The T-Roc will not go to the U.S. I don't believe it's too expensive, but it's because it's a very small car. They tell us people in the U.S. expect more size for that money. It is too small. We are going to have an SUV that is even smaller than a T-Roc [the T-Cross] and it will also not go to the U.S., but will go to South America. We have the new Polo and the T-Cross in Brazil, but for North America, this car is also too small," he told Autoblog. That doesn't mean Volkswagen isn't planning something smaller than the Tiguan for the U.S. Welsch explained the company is working on a new model for China that will launch late next year. The model will around the size of the Tiguan Limited and feature gas and plug-in hybrid powertrains. There is talk about this vehicle coming to the U.S. "We are checking the feasibility of a car which is right between T-Roc and Tiguan, and this could be interesting for America," Welsch said. "In the U.S., you have Tiguan long wheelbase, and the other [new] one is close to what we have here in Europe as the Tiguan SWB. It's a little bit smaller than that, about the size of the old Tiguan, but new and it's off the MQB. This is the idea behind it. In China, we will have this car next year, and we are thinking whether this could be a good idea for America and Russia." Source: Autoblog
  7. A few weeks ago, we reported that Volkswagen wasn't planning to bring the T-Roc over to the U.S. No reason was given, but we suspected price was a key reason. At the Frankfurt Motor Show, Volkswagen's director of development, Dr. Frank Welsch confirmed the T-Roc isn't coming. "Let's be very clear: The T-Roc will not go to the U.S. I don't believe it's too expensive, but it's because it's a very small car. They tell us people in the U.S. expect more size for that money. It is too small. We are going to have an SUV that is even smaller than a T-Roc [the T-Cross] and it will also not go to the U.S., but will go to South America. We have the new Polo and the T-Cross in Brazil, but for North America, this car is also too small," he told Autoblog. That doesn't mean Volkswagen isn't planning something smaller than the Tiguan for the U.S. Welsch explained the company is working on a new model for China that will launch late next year. The model will around the size of the Tiguan Limited and feature gas and plug-in hybrid powertrains. There is talk about this vehicle coming to the U.S. "We are checking the feasibility of a car which is right between T-Roc and Tiguan, and this could be interesting for America," Welsch said. "In the U.S., you have Tiguan long wheelbase, and the other [new] one is close to what we have here in Europe as the Tiguan SWB. It's a little bit smaller than that, about the size of the old Tiguan, but new and it's off the MQB. This is the idea behind it. In China, we will have this car next year, and we are thinking whether this could be a good idea for America and Russia." Source: Autoblog View full article
  8. Another auto show season is upon us with the Frankfurt Motor Show this week. Before the doors open at the show tomorrow, Volkswagen is holding their group day preview event where the various brands roll out their debuts. For Volkswagen, the big debut is the I.D. Crozz II Concept. Volkswagen has made some slight changes for concept since its first showing at the Shanghai Auto Show back in the spring. The front end features a new headlight design that kind of looks like an eye. The two-tone paint comprised of red and sliver helps make the concept pop. One area that may confuse some folks are the doors. The front are hinged conventionally while the rear are sliding. A pair of electric motors - each mounted on an axle - are projected to produce a total output of 302 horsepower. Range stands at 311 miles (500 Kilometers). Volkswagen says the production version of the I.D. Crozz will go into production in 2020 along with the regular I.D. Rumor has it that the Crozz will be the first I.D. model we see in the U.S. Source: Volkswagen Press Release is on Page 2 Volkswagen Group Night at the IAA 2017: Volkswagen brand presents the new I.D. CROZZ Volkswagen CEO Dr Herbert Diess: "The Volkswagen Brand will be investing 6 billion euros in electric mobility over the next five years." Further developed zero emission SUV concept vehicle offers a look forward to the production model of 2020 The countdown has begun for a breakthrough in electric mobility, and 2020 could represent the turning point. That is because the Volkswagen brand is accelerating into this new era by developing a new generation of innovative electric vehicles – the I.D.2, I.D. BUZZ3 and I.D.CROZZ. Dr Herbert Diess, Chairman of the Volkswagen Brand Board of Management, had this to say at the Volkswagen Group Night: "The Volkswagen Brand will be investing 6 billion euros in electric mobility over the next five years. Our task is to make modern technology available to many people. This is especially important in times of technological transformation. One thing is clear: The Golf of the future must once again be a people's car!" Traditionally, Volkswagen hosts a Group Night event on the evening before the International Motor Show (IAA) opens in Frankfurt, at which it presents its innovative new products. On this occasion, the Volkswagen brand is presenting the new I.D. CROZZ in a world premiere. The further developed electric concept vehicle is part of the electric campaign in which Volkswagen will be expanding its electric car model range – initially with three models from 2020. In 2025 the Volkswagen Brand will already be offering 23 all-electric models. The new I.D. CROZZ is a crossover of an SUV and a four-door coupé, which has been further improved towards a production implementation. This can be seen, for instance, in various design changes to the front and rear ends of the concept car that is painted in 'Hibiscus Red Metallic'. The I.D. CROZZ makes a powerful and masculine impression with its wide bonnet, cleanly contoured wings and roof with a high-gloss black exterior finish. The striking design of the LEDs of the headlights also point the way towards production and generate an unmistakable light graphic. The interior has also been re-equipped and further developed – as an Open Space – with a superior amount of space and highly versatile seating concept. B-pillars were omitted in the I.D. CROZZ, so that the large swinging and sliding doors can be opened wide, and it is even possible to transport a crossbike without any trouble. Always ensuring a supply of clean air in the interior, regardless of ambient conditions, is the CleanAir system that has been newly developed by Volkswagen. The menu provides information on the quality of the air in the car and on the system's current activity. In addition, the updated I.D. CROZZ is equipped with a new voice assistant, which enables opening and closing of the doors via voice command. It is also possible to activate or deactivate the fully automated driving mode 'I.D. Pilot' by voice instruction. The I.D. CROZZ is a sporty, zero-emission all-round vehicle that is designed to be interactive, and whose electric 4MOTION all-wheel drive system is as impressive on unpaved trails as it is in adverse weather conditions. One electric motor works at the front axle and one at the rear, and torque distribution is controlled via an 'electric propshaft'. The driving range of the SUV that outputs 225 kW (system power) and boasts a top speed of 180 km/h is up to 500 kilometres (NEDC) on one battery charge. The high-performance battery can be charged to 80% of its energy capacity in 30 minutes using a fast-charging system. An ideal weight distribution between the two axles is achieved by centrally integrating the battery within the I.D. CROZZ and having the two drive system units at the front and rear. This enables the new I.D. CROZZ to demonstrate handling characteristics on a par with those of a Golf GTI. Playing a significant role here are the running gear with electronically controlled dampers, a new multi-link rear suspension design and also newly developed MacPherson struts. The future generation of the I.D. family will extend the Volkswagen model range. In 2020, Volkswagen will already launch the compact, all-electric, four-door I.D. in the Golf segment, while launching the modern I.D. CROZZ in the SUV segment. In addition, the I.D. BUZZ – a re-interpretation of the legendary Volkswagen Bulli – will enter the market in 2022. All three I.D. concept cars share the new 'all-electric architecture' that was developed as a common platform and a completely new and avant-garde design. Other characteristics are zero-emission driving ranges up to 600 kilometres, a large amount of space, compact exterior dimensions and digitalisation of all displays and controls. In addition, the new and innovative 'vw.OS' operating system, which enables fast software updates and upgrades, will support each member of the I.D. family – in a way similar to the usual updating methods for smartphones.
  9. Another auto show season is upon us with the Frankfurt Motor Show this week. Before the doors open at the show tomorrow, Volkswagen is holding their group day preview event where the various brands roll out their debuts. For Volkswagen, the big debut is the I.D. Crozz II Concept. Volkswagen has made some slight changes for concept since its first showing at the Shanghai Auto Show back in the spring. The front end features a new headlight design that kind of looks like an eye. The two-tone paint comprised of red and sliver helps make the concept pop. One area that may confuse some folks are the doors. The front are hinged conventionally while the rear are sliding. A pair of electric motors - each mounted on an axle - are projected to produce a total output of 302 horsepower. Range stands at 311 miles (500 Kilometers). Volkswagen says the production version of the I.D. Crozz will go into production in 2020 along with the regular I.D. Rumor has it that the Crozz will be the first I.D. model we see in the U.S. Source: Volkswagen Press Release is on Page 2 Volkswagen Group Night at the IAA 2017: Volkswagen brand presents the new I.D. CROZZ Volkswagen CEO Dr Herbert Diess: "The Volkswagen Brand will be investing 6 billion euros in electric mobility over the next five years." Further developed zero emission SUV concept vehicle offers a look forward to the production model of 2020 The countdown has begun for a breakthrough in electric mobility, and 2020 could represent the turning point. That is because the Volkswagen brand is accelerating into this new era by developing a new generation of innovative electric vehicles – the I.D.2, I.D. BUZZ3 and I.D.CROZZ. Dr Herbert Diess, Chairman of the Volkswagen Brand Board of Management, had this to say at the Volkswagen Group Night: "The Volkswagen Brand will be investing 6 billion euros in electric mobility over the next five years. Our task is to make modern technology available to many people. This is especially important in times of technological transformation. One thing is clear: The Golf of the future must once again be a people's car!" Traditionally, Volkswagen hosts a Group Night event on the evening before the International Motor Show (IAA) opens in Frankfurt, at which it presents its innovative new products. On this occasion, the Volkswagen brand is presenting the new I.D. CROZZ in a world premiere. The further developed electric concept vehicle is part of the electric campaign in which Volkswagen will be expanding its electric car model range – initially with three models from 2020. In 2025 the Volkswagen Brand will already be offering 23 all-electric models. The new I.D. CROZZ is a crossover of an SUV and a four-door coupé, which has been further improved towards a production implementation. This can be seen, for instance, in various design changes to the front and rear ends of the concept car that is painted in 'Hibiscus Red Metallic'. The I.D. CROZZ makes a powerful and masculine impression with its wide bonnet, cleanly contoured wings and roof with a high-gloss black exterior finish. The striking design of the LEDs of the headlights also point the way towards production and generate an unmistakable light graphic. The interior has also been re-equipped and further developed – as an Open Space – with a superior amount of space and highly versatile seating concept. B-pillars were omitted in the I.D. CROZZ, so that the large swinging and sliding doors can be opened wide, and it is even possible to transport a crossbike without any trouble. Always ensuring a supply of clean air in the interior, regardless of ambient conditions, is the CleanAir system that has been newly developed by Volkswagen. The menu provides information on the quality of the air in the car and on the system's current activity. In addition, the updated I.D. CROZZ is equipped with a new voice assistant, which enables opening and closing of the doors via voice command. It is also possible to activate or deactivate the fully automated driving mode 'I.D. Pilot' by voice instruction. The I.D. CROZZ is a sporty, zero-emission all-round vehicle that is designed to be interactive, and whose electric 4MOTION all-wheel drive system is as impressive on unpaved trails as it is in adverse weather conditions. One electric motor works at the front axle and one at the rear, and torque distribution is controlled via an 'electric propshaft'. The driving range of the SUV that outputs 225 kW (system power) and boasts a top speed of 180 km/h is up to 500 kilometres (NEDC) on one battery charge. The high-performance battery can be charged to 80% of its energy capacity in 30 minutes using a fast-charging system. An ideal weight distribution between the two axles is achieved by centrally integrating the battery within the I.D. CROZZ and having the two drive system units at the front and rear. This enables the new I.D. CROZZ to demonstrate handling characteristics on a par with those of a Golf GTI. Playing a significant role here are the running gear with electronically controlled dampers, a new multi-link rear suspension design and also newly developed MacPherson struts. The future generation of the I.D. family will extend the Volkswagen model range. In 2020, Volkswagen will already launch the compact, all-electric, four-door I.D. in the Golf segment, while launching the modern I.D. CROZZ in the SUV segment. In addition, the I.D. BUZZ – a re-interpretation of the legendary Volkswagen Bulli – will enter the market in 2022. All three I.D. concept cars share the new 'all-electric architecture' that was developed as a common platform and a completely new and avant-garde design. Other characteristics are zero-emission driving ranges up to 600 kilometres, a large amount of space, compact exterior dimensions and digitalisation of all displays and controls. In addition, the new and innovative 'vw.OS' operating system, which enables fast software updates and upgrades, will support each member of the I.D. family – in a way similar to the usual updating methods for smartphones. View full article
  10. Ever since the Volkswagen Buzz I.D. concept made its debut, rumors have been flying as to whether or not the German automaker would go forward with it. Yesterday at the Pebble Beach Concours d'Elegance, Volkswagen finally put the rumors to rest. "After the presentations at the global motor shows in Detroit and Geneva, we received a large number of letters and emails from customers who said, 'please build this car’,” said Volkswagen CEO Herbert Diess. "The Microbus has long been part of the California lifestyle. Now we're bringing it back by reinventing it as an electric vehicle." Before you start lining up at your Volkswagen dealer, the company says the model will not launch till 2022. Models such as the I.D. hatchback and I.D. Crozz will go on sale first. The production variant will be based on Volkswagen's upcoming MEB platform. Rear-wheel drive will be standard, while AWD will be an option. Volkswagen is also planning to offer the Buzz as both a passenger van and a cargo van. Source: Volkswagen Press Release is on Page 2 VOLKSWAGEN TAKES BOLD DECISION TO PUT I.D. BUZZ ELECTRIC CONCEPT CAR INTO PRODUCTION Volkswagen management announces production plans for the 21st century Microbus at the home of the Pebble Beach Concours D’Elegance Pebble Beach, California – At the Detroit Show in early 2017, Volkswagen showed the I.D. BUZZ concept car, a fully electric vehicle that taps in to the spirit and vibe that made the VW Microbus such an iconic vehicle — whether with Hippies and families in the Sixties or Surfer Dudes and Van Lifers today. Now, Volkswagen has taken the bold decision to put the Volkswagen I.D. BUZZ concept car into production and Volkswagen’s CEO of the North American Region, Hinrich J. Woebcken is happy to welcome the car to North America. The Chairmen of the Boards of Management of the Volkswagen and Volkswagen Commercial Vehicles brands, Dr Herbert Diess and Dr Eckhard Scholz, announced the decision today at one of the most prestigious automotive events in the world — the Pebble Beach Concours d’Elegance in California. Within the framework of further development, Volkswagen has also set a launch date for the I.D. BUZZ. The vehicle will arrive at dealerships in 2022, after the compact four-door I.D. makes its debut. With the I.D. BUZZ, Volkswagen is mainly targeting markets in North America, Europe and China. "After the presentations at the global motor shows in Detroit and Geneva, we received a large number of letters and emails from customers who said, 'please build this car’,” Volkswagen CEO Dr Herbert Diess said in Pebble Beach. The Board of Management chose Pebble Beach as the location to make its announcement because, as Diess explained: "The Microbus has long been part of the California lifestyle. Now we're bringing it back by reinventing it as an electric vehicle." Just like the concept car that was shown in Detroit, the production model will also have its batteries mounted in the vehicle floor. Because the electric drive components — electric motor, power electronics, and such —don't take up much space, the vehicle has a long wheelbase with short overhangs, allowing for a massively spacious interior and great proportions. "The vehicle looks like a compact commercial van on the outside, even though it offers the generous interior space of a large SUV," Diess explained. CEO of the North American Region, Volkswagen, Hinrich J. Woebcken added: “We are delighted that our parent company has taken the decision to produce the I.D. BUZZ. This vehicle is the perfect balance between emotion, usability and sustainability, while also showcasing our technological leadership. The high seating position, cargo capacity, overall versatility and all-wheel drive option packaged into such an appealing design is just what our customers want from us. And it’s the perfect fit for the zero-emissions American lifestyle.” The I.D. BUZZ won’t just be a passenger vehicle. Just like the classic T2, the I.D. BUZZ will both haul people and haul freight. "Along with a minibus version, we'll also be offering an I.D. BUZZ CARGO variant for zero-emissions delivery of goods,” said Volkswagen Commercial Vehicles CEO Dr Eckhard Scholz. "With Level 3 autonomous capability, this is an ideal concept for an electric van, particularly for delivering packages and goods to the inner cities." Although Volkswagen's oldest and newest Microbuses will be separated by more than seven decades when the new model is launched, the I.D. BUZZ undoubtedly has the original's genes, as it offers maximum utilization of space on the footprint of a mid-size passenger car. Based on the new all-electric architecture, the production version of the I.D. BUZZ will incorporate many design ideas from the concept car, including multi-variable seating, interactive connectivity and highly automated driving.
  11. Ever since the Volkswagen Buzz I.D. concept made its debut, rumors have been flying as to whether or not the German automaker would go forward with it. Yesterday at the Pebble Beach Concours d'Elegance, Volkswagen finally put the rumors to rest. "After the presentations at the global motor shows in Detroit and Geneva, we received a large number of letters and emails from customers who said, 'please build this car’,” said Volkswagen CEO Herbert Diess. "The Microbus has long been part of the California lifestyle. Now we're bringing it back by reinventing it as an electric vehicle." Before you start lining up at your Volkswagen dealer, the company says the model will not launch till 2022. Models such as the I.D. hatchback and I.D. Crozz will go on sale first. The production variant will be based on Volkswagen's upcoming MEB platform. Rear-wheel drive will be standard, while AWD will be an option. Volkswagen is also planning to offer the Buzz as both a passenger van and a cargo van. Source: Volkswagen Press Release is on Page 2 VOLKSWAGEN TAKES BOLD DECISION TO PUT I.D. BUZZ ELECTRIC CONCEPT CAR INTO PRODUCTION Volkswagen management announces production plans for the 21st century Microbus at the home of the Pebble Beach Concours D’Elegance Pebble Beach, California – At the Detroit Show in early 2017, Volkswagen showed the I.D. BUZZ concept car, a fully electric vehicle that taps in to the spirit and vibe that made the VW Microbus such an iconic vehicle — whether with Hippies and families in the Sixties or Surfer Dudes and Van Lifers today. Now, Volkswagen has taken the bold decision to put the Volkswagen I.D. BUZZ concept car into production and Volkswagen’s CEO of the North American Region, Hinrich J. Woebcken is happy to welcome the car to North America. The Chairmen of the Boards of Management of the Volkswagen and Volkswagen Commercial Vehicles brands, Dr Herbert Diess and Dr Eckhard Scholz, announced the decision today at one of the most prestigious automotive events in the world — the Pebble Beach Concours d’Elegance in California. Within the framework of further development, Volkswagen has also set a launch date for the I.D. BUZZ. The vehicle will arrive at dealerships in 2022, after the compact four-door I.D. makes its debut. With the I.D. BUZZ, Volkswagen is mainly targeting markets in North America, Europe and China. "After the presentations at the global motor shows in Detroit and Geneva, we received a large number of letters and emails from customers who said, 'please build this car’,” Volkswagen CEO Dr Herbert Diess said in Pebble Beach. The Board of Management chose Pebble Beach as the location to make its announcement because, as Diess explained: "The Microbus has long been part of the California lifestyle. Now we're bringing it back by reinventing it as an electric vehicle." Just like the concept car that was shown in Detroit, the production model will also have its batteries mounted in the vehicle floor. Because the electric drive components — electric motor, power electronics, and such —don't take up much space, the vehicle has a long wheelbase with short overhangs, allowing for a massively spacious interior and great proportions. "The vehicle looks like a compact commercial van on the outside, even though it offers the generous interior space of a large SUV," Diess explained. CEO of the North American Region, Volkswagen, Hinrich J. Woebcken added: “We are delighted that our parent company has taken the decision to produce the I.D. BUZZ. This vehicle is the perfect balance between emotion, usability and sustainability, while also showcasing our technological leadership. The high seating position, cargo capacity, overall versatility and all-wheel drive option packaged into such an appealing design is just what our customers want from us. And it’s the perfect fit for the zero-emissions American lifestyle.” The I.D. BUZZ won’t just be a passenger vehicle. Just like the classic T2, the I.D. BUZZ will both haul people and haul freight. "Along with a minibus version, we'll also be offering an I.D. BUZZ CARGO variant for zero-emissions delivery of goods,” said Volkswagen Commercial Vehicles CEO Dr Eckhard Scholz. "With Level 3 autonomous capability, this is an ideal concept for an electric van, particularly for delivering packages and goods to the inner cities." Although Volkswagen's oldest and newest Microbuses will be separated by more than seven decades when the new model is launched, the I.D. BUZZ undoubtedly has the original's genes, as it offers maximum utilization of space on the footprint of a mid-size passenger car. Based on the new all-electric architecture, the production version of the I.D. BUZZ will incorporate many design ideas from the concept car, including multi-variable seating, interactive connectivity and highly automated driving. View full article
  12. Volkswagen has shown three different I.D. concepts - I.D. hatchback, I.D. Buzz, and the I.D. Crozz. We know that Volkswagen is working on making the hatchback production ready by 2020 and the Buzz has been given the green light. What about the Crozz? According to a report from Autoblog, the Crozz will follow the hatchback in production - arriving in either late 2020 or 2021 - and will be the first I.D. model to arrive on our shores. The I.D. Crozz which made its debut earlier this year at the Shanghai Motor Show is Volkswagen's vision of an electric crossover. Using Volkswagen's MEB platform, the I.D. Crozz produces 302 horsepower from two electric motors. On-demand all-wheel drive is done through single-speed, fixed-ratio gearboxes fitted between each electric motor and its respective axle. Volkswagen's decision on sending the I.D. Crozz to the U.S. first makes a lot of sense as buyers are crossover hungry. The two sources also dropped some information on the I.D. Buzz which conflicts with earlier reports. First, the sources said the Buzz been confirmed for production - the opposite of what reported back in June where Volkswagen's Herbert Diess slyly dropped that it would go into production. If approved, the model would likely go into production in 2025. We recommend checking out Autoblog's report as there are more details on what to possibly expect with the Crozz. Source: Autoblog
  13. Volkswagen has shown three different I.D. concepts - I.D. hatchback, I.D. Buzz, and the I.D. Crozz. We know that Volkswagen is working on making the hatchback production ready by 2020 and the Buzz has been given the green light. What about the Crozz? According to a report from Autoblog, the Crozz will follow the hatchback in production - arriving in either late 2020 or 2021 - and will be the first I.D. model to arrive on our shores. The I.D. Crozz which made its debut earlier this year at the Shanghai Motor Show is Volkswagen's vision of an electric crossover. Using Volkswagen's MEB platform, the I.D. Crozz produces 302 horsepower from two electric motors. On-demand all-wheel drive is done through single-speed, fixed-ratio gearboxes fitted between each electric motor and its respective axle. Volkswagen's decision on sending the I.D. Crozz to the U.S. first makes a lot of sense as buyers are crossover hungry. The two sources also dropped some information on the I.D. Buzz which conflicts with earlier reports. First, the sources said the Buzz been confirmed for production - the opposite of what reported back in June where Volkswagen's Herbert Diess slyly dropped that it would go into production. If approved, the model would likely go into production in 2025. We recommend checking out Autoblog's report as there are more details on what to possibly expect with the Crozz. Source: Autoblog View full article
  14. William Maley

    Quick Drive: 2017 Volkswagen Jetta SE

    The Volkswagen Jetta is an outlier in the compact class. Whereas other automakers have been stepping up with sharper designs, more tech, and improved driving dynamics, Volkswagen went in a completely different direction by offering the biggest amount of interior space for not that much money. But to accomplish this, Volkswagen made a number of sacrifices in terms of design, materials, and mechanical bits. This put the Jetta way behind the pack of the fresh competition. But Volkswagen has been working to try and right some of the wrongs of the Jetta. A couple of years ago, Volkswagen updated the model with a new front end, new dashboard, and a turbocharged 1.4L four-cylinder to take place of the decrepit 2.0L. It salvages the Jetta’s reputation somewhat. The current Jetta is slightly better in terms of looks. A new front end with a larger grille and headlights with LED daytime running lights help make the model look more interesting to look at. Sadly, the rest of vehicle is as nondescript as before with nothing that jumps out at you. If you were to ask a small kid to draw a car, it would most likely look like the Jetta. If you ever wanted a master class of in how not to do an interior, the Jetta is a perfect candidate. Whereas most compact sedans show marked improvements in design and materials, the Jetta is like stepping back a decade or so. Our mid-level SE came with a large amount of cheap and hard plastics that you don’t see most compacts now - aside from the base models. The mostly black interior makes for a dreary experience. On the upside, Volkswagen has improved the dash by taking some ideas from the Golf. A new instrument cluster and revised center stack layout helps make the Jetta not feel as cheap as the previous model. It also makes for an easier time to find various controls and reading things at a quick glance. All Jettas get Volkswagen’s Car-Net infotainment system. The base S makes do with a 5-inch touchscreen, while the SE and higher trims use a 6.3-inch screen. Car-Net is one of the best infotainment systems on sale today thanks to a sharp interface, simple layout of the various functions, and the ability to use Apple CarPlay and Android Auto. Space is the Jetta’s key selling point. The back seat alone dwarfs most compacts and even gives some midsize sedans a run for their money. Sitting back here, I could stretch out with no issue. The trunk is also huge, offering up 15.7 cubic feet. I do wish the front seats were a bit more comfortable. Most of the week found me constantly adjusting the seat to try and find a position that wouldn’t cause me to ache after a drive. The SE comes with a turbocharged 1.4L four-cylinder offering 150 horsepower and 184 pound-feet of torque. Our test vehicle came with the standard five-speed manual, but a six-speed automatic is available. On paper, the 1.4T should be a strong engine as it offers the same torque figure as the larger 1.8T at a lower rpm (1,400 rpm vs. 1,500 rpm). In the real world, this doesn’t happen. You’ll need to get the engine above 2,000 rpm to wake it up. At first, I thought we were dealing with a bad case of turbo lag. But further investigation revealed the five-speed manual is at fault. Volkswagen used taller gearing to make up for a missing sixth gear and improve fuel economy. I can’t help but wonder if the six-speed automatic alleviates this issue. Once you figure this out, the 1.4T is a surprising performer. Speed comes on at a rapid rate once your above 2,000 rpm. The engine is also very smooth and makes a pleasant noise when accelerating. The manual is somewhat difficult to work as the gear linkage feels somewhat stiff when moving through the gears. The clutch is light and it’s easy to find the take-off point. EPA fuel economy figures for the 1.4T manual stand at 28 City/40 Highway/33 Combined. I saw an average of 35 mpg that was a mix of 70 percent city driving and 30 percent highway driving. The automatic sees a slight drop in fuel economy to 28/38/32. One item we’re glad to see the lesser Jetta models get is a multilink rear suspension - replacing the rear beam axle of previous models. This makes a huge difference in ride and handling. On rough roads, the Jetta provides a compliant and comfortable ride. Handling is almost similar to the Golf Wolfsburg I drove earlier in the year - little body roll and excellent steering response. The SE seen here came with an as-tested price of $21,795 with destination. That includes 16-inch alloy wheels, heated front seats, blind spot monitoring, keyless entry, push-button start, cruise control, and a power sunroof. The 2017 Volkswagen Jetta is much better than the model that was launched only five years ago. But that isn’t saying a lot considering how much the compact class has moved up in this time frame. Price may be the Jetta’s ultimate strength as it offers a lot of features for the money with the 1.4T engine and interior space running slightly behind. Everywhere else, the Jetta is outmatched. Disclaimer: Volkswagen Provided the Jetta, Insurance, and One Tank of Gas Year: 2017 Make: Volkswagen Model: Jetta Trim: SE Engine: Turbocharged 1.4L 16V TSI Four-Cylinder Driveline: Six-Speed Manual, Front-Wheel Drive Horsepower @ RPM: 150 @ 5,000 Torque @ RPM: 184 @ 1,400 Fuel Economy: City/Highway/Combined - 28/40/33 Curb Weight: 2,939 lbs Location of Manufacture: Puebla, Mexico Base Price: $20,895 As Tested Price: $21,715 (Includes $820.00 Destination Charge) Options: N/A
  15. William Maley

    Quick Drive: 2017 Volkswagen Jetta SE

    The Volkswagen Jetta is an outlier in the compact class. Whereas other automakers have been stepping up with sharper designs, more tech, and improved driving dynamics, Volkswagen went in a completely different direction by offering the biggest amount of interior space for not that much money. But to accomplish this, Volkswagen made a number of sacrifices in terms of design, materials, and mechanical bits. This put the Jetta way behind the pack of the fresh competition. But Volkswagen has been working to try and right some of the wrongs of the Jetta. A couple of years ago, Volkswagen updated the model with a new front end, new dashboard, and a turbocharged 1.4L four-cylinder to take place of the decrepit 2.0L. It salvages the Jetta’s reputation somewhat. The current Jetta is slightly better in terms of looks. A new front end with a larger grille and headlights with LED daytime running lights help make the model look more interesting to look at. Sadly, the rest of vehicle is as nondescript as before with nothing that jumps out at you. If you were to ask a small kid to draw a car, it would most likely look like the Jetta. If you ever wanted a master class of in how not to do an interior, the Jetta is a perfect candidate. Whereas most compact sedans show marked improvements in design and materials, the Jetta is like stepping back a decade or so. Our mid-level SE came with a large amount of cheap and hard plastics that you don’t see most compacts now - aside from the base models. The mostly black interior makes for a dreary experience. On the upside, Volkswagen has improved the dash by taking some ideas from the Golf. A new instrument cluster and revised center stack layout helps make the Jetta not feel as cheap as the previous model. It also makes for an easier time to find various controls and reading things at a quick glance. All Jettas get Volkswagen’s Car-Net infotainment system. The base S makes do with a 5-inch touchscreen, while the SE and higher trims use a 6.3-inch screen. Car-Net is one of the best infotainment systems on sale today thanks to a sharp interface, simple layout of the various functions, and the ability to use Apple CarPlay and Android Auto. Space is the Jetta’s key selling point. The back seat alone dwarfs most compacts and even gives some midsize sedans a run for their money. Sitting back here, I could stretch out with no issue. The trunk is also huge, offering up 15.7 cubic feet. I do wish the front seats were a bit more comfortable. Most of the week found me constantly adjusting the seat to try and find a position that wouldn’t cause me to ache after a drive. The SE comes with a turbocharged 1.4L four-cylinder offering 150 horsepower and 184 pound-feet of torque. Our test vehicle came with the standard five-speed manual, but a six-speed automatic is available. On paper, the 1.4T should be a strong engine as it offers the same torque figure as the larger 1.8T at a lower rpm (1,400 rpm vs. 1,500 rpm). In the real world, this doesn’t happen. You’ll need to get the engine above 2,000 rpm to wake it up. At first, I thought we were dealing with a bad case of turbo lag. But further investigation revealed the five-speed manual is at fault. Volkswagen used taller gearing to make up for a missing sixth gear and improve fuel economy. I can’t help but wonder if the six-speed automatic alleviates this issue. Once you figure this out, the 1.4T is a surprising performer. Speed comes on at a rapid rate once your above 2,000 rpm. The engine is also very smooth and makes a pleasant noise when accelerating. The manual is somewhat difficult to work as the gear linkage feels somewhat stiff when moving through the gears. The clutch is light and it’s easy to find the take-off point. EPA fuel economy figures for the 1.4T manual stand at 28 City/40 Highway/33 Combined. I saw an average of 35 mpg that was a mix of 70 percent city driving and 30 percent highway driving. The automatic sees a slight drop in fuel economy to 28/38/32. One item we’re glad to see the lesser Jetta models get is a multilink rear suspension - replacing the rear beam axle of previous models. This makes a huge difference in ride and handling. On rough roads, the Jetta provides a compliant and comfortable ride. Handling is almost similar to the Golf Wolfsburg I drove earlier in the year - little body roll and excellent steering response. The SE seen here came with an as-tested price of $21,795 with destination. That includes 16-inch alloy wheels, heated front seats, blind spot monitoring, keyless entry, push-button start, cruise control, and a power sunroof. The 2017 Volkswagen Jetta is much better than the model that was launched only five years ago. But that isn’t saying a lot considering how much the compact class has moved up in this time frame. Price may be the Jetta’s ultimate strength as it offers a lot of features for the money with the 1.4T engine and interior space running slightly behind. Everywhere else, the Jetta is outmatched. Disclaimer: Volkswagen Provided the Jetta, Insurance, and One Tank of Gas Year: 2017 Make: Volkswagen Model: Jetta Trim: SE Engine: Turbocharged 1.4L 16V TSI Four-Cylinder Driveline: Six-Speed Manual, Front-Wheel Drive Horsepower @ RPM: 150 @ 5,000 Torque @ RPM: 184 @ 1,400 Fuel Economy: City/Highway/Combined - 28/40/33 Curb Weight: 2,939 lbs Location of Manufacture: Puebla, Mexico Base Price: $20,895 As Tested Price: $21,715 (Includes $820.00 Destination Charge) Options: N/A View full article
  16. William Maley

    Volkswagen Passat GT To Become Reality

    The Volkswagen Passat isn't the most exciting sedan to look at. But the German automaker injected some style and sport with the Passat GT Concept at last year's LA Auto Show. It took some design ideas from the Golf GTI - black grille with red accent lines and a more aggressive body kit - along with new wheels. Volkswagen also lowered the suspension and added a sport exhaust system. Volkswagen didn't go crazy with the engine - it is the same 3.6L VR6 found in the standard Passat. According to a new report from Digital Trends, Volkswagen is bringing the Passat GT into production. A spokesperson tells the outlet the production GT will closely resemble the 2016 concept. This will likely mean it will also come with the sports tuned suspension and VR6 engine. No timeframe was given as to when Volkswagen will show off the Passat GT. Source: Digital Trends
  17. The Volkswagen Passat isn't the most exciting sedan to look at. But the German automaker injected some style and sport with the Passat GT Concept at last year's LA Auto Show. It took some design ideas from the Golf GTI - black grille with red accent lines and a more aggressive body kit - along with new wheels. Volkswagen also lowered the suspension and added a sport exhaust system. Volkswagen didn't go crazy with the engine - it is the same 3.6L VR6 found in the standard Passat. According to a new report from Digital Trends, Volkswagen is bringing the Passat GT into production. A spokesperson tells the outlet the production GT will closely resemble the 2016 concept. This will likely mean it will also come with the sports tuned suspension and VR6 engine. No timeframe was given as to when Volkswagen will show off the Passat GT. Source: Digital Trends View full article
  18. It was around the time I had my car getting an oil change. I needed a rental car and was given a Toyota Corolla. As a man who likes using cruise control, I set the cruise control and was on my way. It was only when I noticed later a car in front of me started to reduce the speed that my car was also slowing down. Surprisingly, this $20,000 car had adaptive cruise control. I am a big fan of adaptive cruise control. Thanks to Mercedes-Benz back in 1998 with Distronic; their cars could monitor the cars in front of them and speed up or slow down depending on the cars in front. Throughout the years, adaptive cruise control has become a pivotal role in making semi-autonomous vehicles. Although this technological invention has trickled down from $100,000 Mercedes-Benz S-Class sedans to $20,000 sub compact cars, not all adaptive cruise control systems are the same. Let’s go back to that Toyota Corolla. That cruise control system would shut down under 25 mph and could not be started back up again until you hit the same speed. Some adaptive cruise control systems such as Tesla with their Autopilot and Mercedes-Benz with Distronic + can fully brake the vehicle as well as start it up again. Going from one vehicle such as a Mercedes to a Toyota with their different adaptive cruise control systems does take some getting used to. Even though adaptive cruise control systems seem the same, there can be differences in how they work. Take for example how the systems work. While Mercedes-Benz uses radar sensors to scan the road, Subaru uses dual color cameras in their EyeSight system. Some other systems include laser based systems and cameras. Sometimes, adaptive cruise control is bundled in technology or safety packages with features such as lane departure warning and blind spot monitoring. Oddly enough, the Corolla comes standard with these key features while premium brands may cost upwards of $11,000 just to get adaptive cruise control. So it’s like what people in the automotive industry say: “if you want to see what technology will be in common cars in 10-15 years, take a look at the Mercedes S-Class”. Even if not all adaptive cruise control systems are equal, they are an excellent addition to any car. Not only does it help to make a car safer but easier to drive. View full article
  19. VOLKSWAGEN OF AMERICA REPORTS JULY 2017 SALES RESULTS July sales totaled 27,091 units, a decrease of 5.8 percent over July 2016 Year-to-date sales totaled 188,329, an increase of 5.9 percent Sales of the all-new Atlas totaled 1,306 units Herndon, VA — (August 1, 2017) Volkswagen of America, Inc. (VWoA) today reported sales of 27,091 units delivered in July 2017, a 5.8 percent decrease over July 2016. With 188,329 units delivered year-to-date in 2017, the company is reporting an increase of 5.9 percent in year-over-year sales. July 2017 also marks the start of sales for the all-new 2018 Tiguan, which joins the Chattanooga-built Atlas in Volkswagen’s new SUV lineup. Production ramp up of the Atlas continues as Volkswagen works to meet consumer demand. Deliveries of the 2018 Tiguan, which began late in the month, totaled 593 units. Atlas sales totaled 1,306 units. July 2017 Sales July 17 July 16 Yr/Yr% change July 17 YTD July 16 YTD Yr/Yr% change Golf 1,267 1,246 1.7% 8,437 7,326 15.2% GTI 1,747 2,417 -27.7% 12,480 13,269 -5.9% Golf R 158 222 -28.8% 2,484 2,792 -11.0% e-Golf 308 344 -10.5% 2,195 1,799 22.0% Golf SportWagen 2,103 1,122 87.4% 18,234 6,487 181.1% Total Golf Family 5,583 5,351 4.3% 43,830 31,673 38.4% Jetta Sedan 11,054 11,449 -3.5% 66,549 69,724 -4.6% Jetta SportWagen (now Golf SportWagen) n/a 1 -100.0% n/a 5 -120.0% Total Jetta 11,053 11,450 -3.5% 66,548 69,729 -4.6% Beetle Coupe 651 1,051 -38.1% 5,605 4,734 18.4% Beetle Convertible 708 477 48.4% 4,575 3,567 28.3% Total Beetle 1,359 1,528 -11.1% 10,180 8,301 22.6% Eos* n/a n/a n/a 1 387 -99.7% Passat 5,143 6,549 -21.5% 40,280 39,362 2.3% CC 95 193 -50.8% 1,014 1,874 -45.9% Tiguan 1,484 3,379 -56.1% 18,449 23,935 -22.9% 2018 Tiguan 593 n/a n/a 593 n/a n/a Touareg 475 308 54.2% 2,105 2,511 -16.2% Atlas 1,306 n/a n/a 5,329 n/a n/a TOTAL 27,091 28,758 -5.8% 188,329 177,772 5.9% *Eos production ended in July 2015
  20. There were concerns that Volkswagen would not be able to come up with a fix for their 1st-generation 2.0L TDI models that would meet the approval of various U.S. regulators. But never say never as the Environmental Protection Agency and California Air Resources Board have given their approval for Volkswagen's proposed fix for 326,000 vehicles with this engine. Reuters reports the fix will involve Volkswagen making numerous upgrades to the hardware and software, including a new emissions catalyst. This will make these vehicles legal, but drop average fuel economy figures by 2 mpg. “To obtain this approval, VW submitted test data and technical information that demonstrates that the modification will reduce emissions without negatively affecting vehicle reliability or durability. VW will thoroughly identify any differences in vehicle attributes (such as fuel economy) so owners may make an informed choice,” said the EPA in a statement. Volkswagen still needs to come up with a resale plan for 2009-2014 TDI models that were bought back as part of their settlement. Reuters says a plan is due in the coming weeks. Source: Reuters
  21. There were concerns that Volkswagen would not be able to come up with a fix for their 1st-generation 2.0L TDI models that would meet the approval of various U.S. regulators. But never say never as the Environmental Protection Agency and California Air Resources Board have given their approval for Volkswagen's proposed fix for 326,000 vehicles with this engine. Reuters reports the fix will involve Volkswagen making numerous upgrades to the hardware and software, including a new emissions catalyst. This will make these vehicles legal, but drop average fuel economy figures by 2 mpg. “To obtain this approval, VW submitted test data and technical information that demonstrates that the modification will reduce emissions without negatively affecting vehicle reliability or durability. VW will thoroughly identify any differences in vehicle attributes (such as fuel economy) so owners may make an informed choice,” said the EPA in a statement. Volkswagen still needs to come up with a resale plan for 2009-2014 TDI models that were bought back as part of their settlement. Reuters says a plan is due in the coming weeks. Source: Reuters View full article
  22. 2017 will be the last year Volkswagen sells the Touareg in the U.S., according to Motor Trend. While a reason as to why wasn't given, we have to think declining sales played a key role. The past few years have seen sales fall at a steady rate - 2016 saw a 40 percent drop to 4,223 units. 2017 isn't faring any better with 1,630 Touaregs sold through June. There is also the model being squeezed by the larger Atlas crossover and the upcoming Tiguan, which is slightly longer than the Touareg. Volkswagen will continue to sell the Touareg in other markets, with the next-generation model due out later this year. Source: Motor Trend
  23. 2017 will be the last year Volkswagen sells the Touareg in the U.S., according to Motor Trend. While a reason as to why wasn't given, we have to think declining sales played a key role. The past few years have seen sales fall at a steady rate - 2016 saw a 40 percent drop to 4,223 units. 2017 isn't faring any better with 1,630 Touaregs sold through June. There is also the model being squeezed by the larger Atlas crossover and the upcoming Tiguan, which is slightly longer than the Touareg. Volkswagen will continue to sell the Touareg in other markets, with the next-generation model due out later this year. Source: Motor Trend View full article
  24. Weeks before the Volkswagen diesel emission scandal came to light, several executives were reportedly warned about the possible costs during a meeting. German tabloid Bild am Sonntag reports that Oliver Schmidt, a Volkswagen executive that was arrested earlier this year in U.S., said the costs of diesel emission cheating could cost the company up to $18.5 billion during a presentation held on August 25, 2015. Those that attended the presentation included former Volkswagen CEO Martin Winterkorn, VW's development chief at the time Heinz-Jakob Neusser, and Volkswagen brand chief Herbert Diess. This information comes from U.S. investigation documents obtained by the paper. The issue at hand is that German law requires a company publish any news dealing with the stock in a timely fashion. Volkswagen notified investors about the cheating on September 18, almost a month after this reported meeting. A number of Volkswagen investors have filed suit against the company due to the losses from the diesel emission scandal. German prosecutors are also investigating Volkswagen into possible market manipulation. Source: Bild am Sonntag via Reuters
  25. Weeks before the Volkswagen diesel emission scandal came to light, several executives were reportedly warned about the possible costs during a meeting. German tabloid Bild am Sonntag reports that Oliver Schmidt, a Volkswagen executive that was arrested earlier this year in U.S., said the costs of diesel emission cheating could cost the company up to $18.5 billion during a presentation held on August 25, 2015. Those that attended the presentation included former Volkswagen CEO Martin Winterkorn, VW's development chief at the time Heinz-Jakob Neusser, and Volkswagen brand chief Herbert Diess. This information comes from U.S. investigation documents obtained by the paper. The issue at hand is that German law requires a company publish any news dealing with the stock in a timely fashion. Volkswagen notified investors about the cheating on September 18, almost a month after this reported meeting. A number of Volkswagen investors have filed suit against the company due to the losses from the diesel emission scandal. German prosecutors are also investigating Volkswagen into possible market manipulation. Source: Bild am Sonntag via Reuters View full article

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