Volkswagen has announced plans to postpone an initial public offering of the company’s trucking group Traton, formerly Volkswagen Truck & Bus, due to uncertain market conditions.
Ford Motor Co. and Volkswagen AG have formed a global alliance to share costs and improve efficiency in the development of commercial midsize pickups and vans for various global markets, including the U.S.
Volkswagen is showing a concept cargo van at the LA Auto Show called the I.D. Buzz Cargo, that offers another exhibit of evidence that it may compete in the U.S. commercial van segment in the near future.
News stories this week show how volatile and disruptive the global automotive industries are today. And the upheaval is only beginning. Commentary by Senior Editor Jack Roberts
Navistar CEO Troy Clarke touted benefits of the company’s deal with Traton Group, noting for example that it has gained more purchasing power.
Truck shows are always a good place to spot emerging trends and the vibrant IAA Commercial Vehicles show revealed two big ones this year.
Brazilian brewing company Ambev is adding 1,600 battery-electric trucks from Volkswagen, which was triggered by a government policy that applied a new fixed minimum freight fare for diesel truckers.
Volkswagen Group of America and four large automotive suppliers have formed a working group to develop technical standards to improve the way vehicles transmit data, which will help enable fully autonomous vehicles, the company has announced.
Volkswagen Truck & Bus has announced a new name, Traton Group, as it increases its independence and readies itself to raise funds for global expansion in commercial vehicles. Meanwhile, parent company Volkswagen AG is talking with Ford about possibly developing a line of commercial vehicles.
Volkswagen AG has been fined $1.18 billion (1 billion euros) by public prosecutors in Germany over diesel emissions cheating in approximately 10.7 million vehicles.
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