Press Releases
SITECH and Brose planning to set up a global system supplier for complete seats
Volkswagen AG and the automotive supplier Brose are planning to create a joint venture devoted to complete seats, seat structures and seat components. The Volkswagen subsidiary SITECH will become part of the joint venture. Brose will hold a 50 percent stake in the company. Volkswagen AG and the Brose Group will each own half of the company. Representatives of both companies signed a memorandum of understanding covering the joint venture today in Coburg.
Emission-free mobility for all: sales of ID.3 start on July 20
Four weeks after the start of ordering for the limited ID.3 1ST for pre-bookers, Volkswagen is opening the ordering system to the public on July 20, 2020. Customers in many European countries will be able to choose from seven pre-configured ID.3 models at dealerships and to order the appropriate charging equipment at the same time. Buyers will benefit from attractive concessions for charging via WeCharge for up to 3 years. All seven ID.3 models will be eligible for the maximum state subsidy of €9,480 granted as an environmental bonus in Germany. Subsidies will also be available for the ID.3 in many other European countries.
Summer highlight 2020: pre-sales of the new Arteon and Arteon Shooting Brake started
Volkswagen is launching the new Arteon on the market and, as a first, offering a second body version at the same time: the new Arteon Shooting Brake. It redefines the concept of an estate with an emphatically sporty rear end. Pre-sales of both models starts now. As a fastback with coupé-style rear, Volkswagen has set the starting price for the Arteon at 43,524.37 euros; prices for the Shooting Brake start at 44,387.06 euros. The official launch will take place at the beginning of November. Towards the end of the year, both Arteon models will also be available with a plug-in hybrid drive and as R models with a Performance TSI engine.
Volkswagen donates one million dollars for reforestation in Australia
Following the devastating bush fires at the beginning of the year, Volkswagen is now do-nating one million Australian dollars (about 617,000 euros) to "Bush Heritage Australia" for bush fire and reforestation projects in Australia. The "One Million Trees Project" in the Eurardy Nature Reserve in Western Australia will receive 250,000 dollars and a project to restore 400 hectares in the Scottsdale Reserve in New South Wales will receive 750,000 dollars.
Volkswagen strengthens Bochum software location
Die Volkswagen Infotainment GmbH is planning a new development center at the Bochum technology campus Mark 51°7. The subsidiary of Volkswagen AG specializing in software development and vehicle connectivity intends to group its specialists together at a central facility. The new building is to lay the foundation for further personnel growth at the Bochum location. In the presence of the Mayor of the City of Bochum, Thomas Eiskirch, and the Chief Financial Officer of the Car.Software organization in the Volkswagen Group, Frank Rösler, the Managing Directors of Volkswagen Infotainment, Bernhard Krausse and Tobias Nadjib, announced the decision on the project today. Construction is already to start in the fall of 2020.
Reorganization of TRATON’s Board of Management – Andreas Renschler to hand over management to Matthias Gründler
TRATON SE is reorganizing its Board of Management team. With effect of July 15, 2020, Andreas Renschler will be handing over the chair of the Board of Management to Matthias Gründler, who was CFO of the commercial vehicle manufacturer with the brands MAN, Scania and Volkswagen Caminhões e Ônibus until May 2018. Dr. Andreas Tostmann, currently a member of the Board of Management for the Volkswagen Passenger Cars brand with responsibility for Production and Logistics, will furthermore be taking over from Joachim Drees, who will be leaving the TRATON Board of Management by best mutual consent likewise with effect as of July 15, 2020. Furthermore, Prof. Dr. Carsten Intra, currently the Board of Management member responsible for HR, will take over as Chief Executive Officer of Volkswagen Commercial Vehicles. This was announced by the company on Tuesday following a meeting of the Supervisory Board in Munich.
Andreas Renschler leaving Group Board of Management of Volkswagen AG
Andreas Renschler will be leaving the Board of Management of Volkswagen AG and the Board of Management of TRATON SE with effect as of July 15th 2020. Mr. Renschler is leaving the company by best mutual consent. This was announced by the company on Tuesday in Wolfsburg. Mr. Renschler’s successor as Chairman of the Board of Management of TRATON will be Matthias Gründler, who was Chief Financial Officer of the company until May 2018.
Volkswagen Group Security supports WEISSER RING
Volkswagen Group Security is providing two Passat Variant GTE vehicles to assist the charitable association in its work supporting victims of crime. Volkswagen is also lending the organization a Volkswagen T6 and the historic Volkswagen T2 for a nationwide information tour of Germany.
Volkswagen completes final audit under Third Partial Consent Decrees with U.S. authorities
Volkswagen AG today announced the results of the third and final audit prepared by the company’s Independent Compliance Auditor, Larry D. Thompson. The report did not find any new violations and states that Volkswagen has met its obligations under the Third Partial Consent Decrees with the United States Department of Justice (DOJ) and California Attorney General.
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