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VW creating independent US company named Scout to design, manufacture EV pickup and SUV in US, with production starting in 2026; the electrified Scout brand will use a new technical platform concept

VW Commercial Vehicles selects Continental AllSeason Contact tire, EcoContact 6 summer tire as OE equipment on VW Caddy utility vehicle; tires offer low rolling resistance and have European A rating for energy efficiency

VW reports it is ‘sold out’ of EVs for sale in US, Europe as European backlog for EV orders hits 300,000 units; VW’s Q1 EV sales totaled under 100,000 units worldwide, second to Tesla, which delivered 310,048 EVs during the quarter

VW reports Q1 earnings after tax of €6.7B, up from €3.4B a year ago, with revenue up slightly at €62.7B from €62.4B a year ago; results driven by improved sales mix, better pricing, cost discipline, reallocation of resources between main markets

Illinois to focus remaining share of US$84.4M from Volkswagen's Clean Air Act violation settlement on electric transport, infrastructure; up to 32% to go to electric buses, locomotives, 19% for freight trucks and 15% for electric charging infrastructure

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