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Scout Motors gets a website and a new teaser for upcoming off-roader

Scout Motors gets a website and a new teaser for upcoming off-roader

Car Retail Value SA
November 22, 2022
Scout Motors just pressed the "Level Up" button on its teaser campaign. The newest Volkswagen Group sub-brand is preparing an electric SUV and an electric pickup that the latest timelines predict for 2026, and all we've seen of them before now are shaded line drawings. But Scout enthusiasts are what convinced VW to resurrect the…
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Volkswagen of America boss says a pickup is not a priority

Volkswagen of America boss says a pickup is not a priority

Car Retail Value SA
November 22, 2022
Returning to North America's pickup segment after a decades-long hiatus isn't a priority for Volkswagen, according to a recent report. Some of the company's top executives said they're aware dealers want a truck, but their main focus is launching more crossovers and SUVs. Volkswagen will soon plant its stake in the truck segment via the…
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VW builds an electric office chair with a 12-mph top speed

VW builds an electric office chair with a 12-mph top speed

Car Retail Value SA
November 13, 2022
Volkswagen's long-rumored entry-level electric model is here, and it's not quite what we expected. The company's Norwegian division built an electric office chair with a surprisingly long list of features (including a rear-view camera) to promote its range of commercial vans. We're on the opposite end of the calendar from April Fool's, so this isn't…
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Lamborghini has been developing an IPO strategy 'for a long time'

Lamborghini has been developing an IPO strategy 'for a long time'

Car Retail Value SA
November 7, 2022
Porsche AG isn’t the only Volkswagen AG brand that has been quietly preparing for a potential initial public offering. Italian luxury-car maker Lamborghini has been developing a strategy how to present itself to stock-market investors since well before Volkswagen asked each of its brands to come up with virtual equity stories, according to the unit’s…
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Volkswagen and Audi recall around 230,000 vehicles

Volkswagen and Audi recall around 230,000 vehicles

Car Retail Value SA
November 6, 2022
Volkswagen and Audi have been called to the NHTSA's office again, this time over tire pressure monitoring systems (TPMS) and an infotainment system voltage regulator. The big recall covers 225,704 units of several VW and Audi models with TPMS software that can be slow to react in an exceedingly rare situation. If all four tires…
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Volkswagen tells brands to pause paid advertising on Twitter

Volkswagen tells brands to pause paid advertising on Twitter

Car Retail Value SA
November 4, 2022
HAMBURG (Reuters) -Volkswagen on Friday said it has recommended to its brands to pause paid advertising on Twitter until further notice in the wake of Elon Musk's takeover of the social media platform. "We are closely monitoring the situation and will decide about next steps depending on its evolvement," Europe's top carmaker said in a…
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Volkswagen AG aims to make data centers climate-neutral by 2027

Volkswagen AG aims to make data centers climate-neutral by 2027

Car Retail Value SA
November 3, 2022
Today, Volkswagen AG announced its goal of making its data center operations net carbon-neutral by 2027. To achieve this goal, the Group has expanded its computing capacities at Green Mountain, a Norwegian operator of CO₂-neutral data centers. With this expansion, one quarter of Volkswagen’s global data center operations will run carbon-neutrally. This corresponds to annual…
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Volkswagen Jetta GLI Performance Concept revealed at SEMA 2022

Volkswagen Jetta GLI Performance Concept revealed at SEMA 2022

Car Retail Value SA
November 2, 2022
Volkswagen already revealed a number of builds for this year’s SEMA Show, but it’s not done yet! This VW Jetta GLI Performance Concept joins the party today, and it’s one hot Jetta. Put together by Volkswagen’s California Design Center and aftermarket company RacingLine, this GLI is taking performance seriously. The looks draw us in first.…
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Volkswagen Group presents new Green Finance Framework

Volkswagen Group presents new Green Finance Framework

Car Retail Value SA
November 1, 2022
With the inclusion of the EU taxonomy into its new Green Finance Framework (GFF) the Volkswagen Group makes investments in Green Debt Instruments issued by the company more attractive, transparent and reliable for sustainability investors. The GFF links the Group’s decarbonization goals with its financing strategy. Only capital expenditures (capitalized development costs and additions to…
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Volkswagen enters partnership with MILES Mobility to accelerate expansion of car sharing portfolio

Volkswagen enters partnership with MILES Mobility to accelerate expansion of car sharing portfolio

Car Retail Value SA
November 1, 2022
The Volkswagen Group is driving forward its transformation into a mobility provider and is entering into a partnership with car sharing company MILES Mobility. In this regard, MILES Mobility has acquired UMI Urban Mobility International GmbH from Volkswagen Passenger Cars and with it the WeShare car sharing business and will integrate it into its existing…
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