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Volkswagen sues India to quash 'enormous' $1.4B tax demand, legal filing shows

Volkswagen sues India to quash 'enormous' $1.4B tax demand, legal filing shows

Volkswagen has sued Indian authorities to quash an "impossibly enormous" tax demand of $1.4 billion, arguing the ask is contradictory to New Delhi's import taxation rules for car parts and will hamper the company's business plans, court papers show.
Vietnam Sustainable Mobility Show in Hanoi this weekend to showcase range of EVs

Vietnam Sustainable Mobility Show in Hanoi this weekend to showcase range of EVs

No luxury car brand to join Vietnam Motor Show 2024

No luxury car brand to join Vietnam Motor Show 2024

Volkswagen offers $20K discount

Volkswagen offers $20K discount

German auto brand Volkswagen has cut the prices of three models in Vietnam by VND140-500 million (US$5,700-20,300) this month.
September 12, 2024 | 07:44 pm PT
What cars are in tech billionaire Mark Zuckerberg's collection?

What cars are in tech billionaire Mark Zuckerberg's collection?

Despite his $176.7 billion net worth, Mark Zuckerberg, the billionaire founder of Facebook, is known for owning relatively inexpensive cars, with the exception of a Pagani Huayra supercar.
June 18, 2024 | 08:37 pm PT
Mercedes, Audi, Lexus among major brands opting out of Vietnam’s biggest motor show

Mercedes, Audi, Lexus among major brands opting out of Vietnam’s biggest motor show

Luxury brands Mercedes, Lexus, Audi, and BMW along with Kia, Hyundai and VinFast, will not participate in this year’s Vietnam Motor Show, the country’s biggest auto event, in October.
May 11, 2024 | 03:07 pm PT
Auto brands bring down prices to spur demand

Auto brands bring down prices to spur demand

Auto brands have been introducing new models at lower prices than their predecessors to boost demand.
May 6, 2024 | 05:10 pm PT
Mercedes CEO nearly doubled 2023 remuneration with big bonus boost

Mercedes CEO nearly doubled 2023 remuneration with big bonus boost

Mercedes-Benz CEO Ola Kallenius almost doubled his remuneration last year thanks to high bonus payouts, a company report published on Friday showed.
March 15, 2024 | 07:54 pm PT
Massive year-end discounts offered on compact CUVs

Massive year-end discounts offered on compact CUVs

In their scramble to increase year-end sales, auto companies and dealerships are offering discounts running into hundreds of millions of dong.
November 19, 2023 | 05:00 pm PT
VinFast hires former Volkswagen executive as new global CEO

VinFast hires former Volkswagen executive as new global CEO

The former executive of Volkswagen Group America, Michael Lohscheller, has been appointed the new CEO of VinFast Global as part of the automaker’s strategy to sell its vehicles internationally.
July 26, 2021 | 11:11 pm PT
Vietnam tightens imports scrutiny after nine-dash fiascos

Vietnam tightens imports scrutiny after nine-dash fiascos

Vietnamese authorities are tightening import inspections after several instances of China’s infamous and fraudulent nine-dash map sneaking through in various products.
November 6, 2019 | 03:21 am PT
Car with controversial nine-dash map will not be destroyed

Car with controversial nine-dash map will not be destroyed

Vietnam Customs has decided not to destroy a Volkswagen car imported for the Vietnam Motor Show containing a map with China’s controversial nine-dash line.
November 4, 2019 | 07:44 pm PT
Volkswagen SUV with controversial nine-dash map could be destroyed

Volkswagen SUV with controversial nine-dash map could be destroyed

The Volkswagen SUV displayed in Vietnam last week with the China’s fraudulent nine-dash line map could be destroyed, instead of auctioned.
October 30, 2019 | 04:45 am PT
Volkswagen debuts new model at Vietnam Motor Show with nine-dash line

Volkswagen debuts new model at Vietnam Motor Show with nine-dash line

Volkswagen Vietnam admitted its carelessness after displaying the China-imported Touareg with nine-dash line map at 2019 Vietnam Motor Show.
October 29, 2019 | 03:40 am PT
Volkswagen to pay $86 mln in penalties to California over emissions scandal

Volkswagen to pay $86 mln in penalties to California over emissions scandal

The scandal has disrupted Volkswagen's global business and sullied its reputation.
July 7, 2016 | 04:41 pm PT
U.S. Judge extends VW diesel emissions settlement deadline

U.S. Judge extends VW diesel emissions settlement deadline

A U.S. judge late on Wednesday extended the deadline for Volkswagen AG, U.S. government regulators and owners of nearly 500,000 2.0 liter vehicles to reach a final diesel emissions settlement until June 28.
June 15, 2016 | 06:48 pm PT
 
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