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Volkswagen's 2016 Passat will retail for a starting price of $22,440 for the base model in a year when the mid-size sedan gets a mid-cycle refresh.
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The Volkswagen North America division president, Winfried Vahland, resigns a month after being appointed to this position, according to a report by the New York Times. Vahland leaves after 25 years with the company.
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Volkswagen's diesel models have lost their value in the auction lanes at a much sharper rate than comparable gasoline models since revelations came to light that the company had included a software cheat in the vehicles to beat emissions tests.
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Volkswagen AG will launch a recall in January of its diesel-powered cars that included cheat software designed to defeat emissions testing in a scandal that's expected to have a wide-ranging impact on one of the largest global automakers.
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Volkswagen's new leader promised that the company will survive a scandal over its gaming of U.S. diesel emissions standards and said a technical solution is imminent for owners of the affected vehicles.
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Volkswagen AG will ask the owners of 11 million vehicles that include emissions cheat software to report to dealerships to have their vehicles "refit" to correct the problem, the company announced Sept. 29.
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The U.S. Environmental Protection Agency will implement additional testing of diesel vehicles designed to uncover potential software algorithms used to evade federal emissions standards, the agency announced Sept. 25.
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Volkswagen has appointed Matthias Muller, the chairman of Porsche AG, as its new chief executive to replace the departed Martin Winterkorn, and will restructure its North American operations in the wake of a scandal over diesel emissions.
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Volkswagen's dealers have thrown their support behind Michael Horn, the North American chief executive who has reportedly been fired amid a deepening scandal over the manipulation of diesel engine technology.
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Volkswagen is set to appoint Matthias Muller, the chief executive of Porsche, as its new leader amid a widening scandal over its gaming of emissions testing affecting 11 million of its diesel vehicles.
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