Volkswagen AG

China’s EV makers could see a ‘shake down’ as they hike prices on rising material costs
Technology

China’s EV makers could see a ‘shake down’ as they hike prices on rising material costs

Customers experience new energy electric vehicles at a Tesla store in Shanghai, China, On December 4, 2021. Future Publishing | Future Publishing | Getty Images A slew of electric vehicle companies operating in China have been forced to raise the prices of their cars as the cost of raw materials shoot up. Some companies like […]

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Volkswagen recalls 246,000 Atlas SUVs due to issue with airbags, brakes
Business

Volkswagen recalls 246,000 Atlas SUVs due to issue with airbags, brakes

Volkswagen recalled 246,000 Atlas and Atlas Cross Sport SUVs in the U.S. and Canada because of a wiring issue that could cause problems with the airbags, windows and brakes of the cars. Damage to the wiring of the cars could result in airbags deploying “later than designed,” which could lead to injury of people in […]

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Audi expects ‘tremendous interference’ to global supply chain due to Russian-Ukraine war
Business

Audi expects ‘tremendous interference’ to global supply chain due to Russian-Ukraine war

DETROIT – Audi expects the war in Ukraine to cause “tremendous interference” to the global supply chain, an executive with the German luxury brand said Thursday. The comments come as automakers globally, including Audi and its Volkswagen parent company, attempt to maintain supply chains of crucial parts such as semiconductor chips and wire harnesses that […]

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