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Tag : Volkswagen

Business

Volkswagen signs agreement to turn car plant into defense hub

omandailynews.com
German automotive manufacturer Volkswagen AG agreed on Monday to sell its Osnabrück assembly plant to Israeli private equity firm Aurelius Capital and the German state of Lower Saxony. Under the preliminary agreement, the new owners will convert the vehicle manufacturing...
Automotive

EU softens 2035 ban on combustion engine vehicles

omandailynews.com
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers and several member states, marking a significant policy adjustment in the bloc’s long-term climate agenda....
Automotive

China warns of retaliation as EU enforces tariffs on electric vehicles

omandailynews.com
MENA Newswire News Desk: The European Union will proceed with imposing significant tariffs on Chinese-made electric vehicles (EVs), despite opposition from key member Germany, the EU Commission announced Friday. The move, which follows a contentious vote, marks the bloc's largest...
Automotive

Volkswagen recalls 140,000 SUVs in the US over faulty airbags

omandailynews.com
Volkswagen is recalling 143,000 of its Atlas SUVs in the United States due to a faulty sensor on the front passenger side that can switch off the airbag system under certain conditions. The automaker has advised owners not to let...