Tag: Volkswagen

French market regulator approves Volkswagen-led takeover of Europcar

Volkswagen flag 1

THE French financial regulator has approved the takeover of Europcar by a consortium led by Volkswagen. According to an official statement, the French market regulator AMF (Autorite des marches financiers) has approved the takeover offer from Green Mobility Holding SA. The start of the acceptance period for the tender of shares in Europcar Mobility Group will be announced by the AMF. Green…

Rod McLeod appointed new director of Volkswagen UK

Rod McLeod to lead Volkswagen

ROD McLeod will be leading the Volkswagen brand into 2022 when he takes over as director from 02 January, 2022. He replaces Andrew Savvas who is moving to an executive position with Volkswagen America. McLeod, who has spent the last five years heading up Skoda in the UK, commented: “Volkswagen has transformed itself in recent years into the leading volume brand for…

‘Soft’ drop to EV sales following grant reduction

Volkswagen ID.4 1ST Edition

ELECTRIC vehicles took a drop in demand following the government change to the Plug-in Car Grant on 18 March 2021. But the change in EV orders – down by 24% – was described as ‘soft’ by Fleet Procure, the broker fleet procurement platform. Utilising the intelligence of its 61 broker database, Fleet Procure said that VW ID.4 sales were ‘fantastic’ pre-grant but…