Audi Volkswagen announced this week that it has made changes in the company. In particular, the company is now called the Volkswagen Group Korea, and this name change is said to be in line with the German automaker's "New Auto" strategy that was revealed not long ago.
With the strategy, Volkswagen made a promise to boost synergies across its units and brands while also lessening complexity and redundancy. Korea Joongang Daily mentioned that Volkswagen Group Korea is currently managing four luxury auto brands in the country, and these are Lamborghini, Audi, Bentley, and Volkswagen.
It was said that the company has another brand but it is not yet being sold in South Korea. However, without disclosing the brand, the Volkswagen Group will be bringing this one to the country soon.
"In tandem with the group's strategy, we will focus on introducing various new and attractive models, maximizing the synergy between the group and its brands to offer a higher level of experience for our customers and laying the foundation for sustainable growth," Volkswagen Group Korea's managing director, Til Scheer, said during an online press conference earlier today.
He also said that they would be installing more electric vehicle chargers and service centers to answer to the growing demand of EV drivers in the nation. The executive said that 29 of its 79 VW service centers would be able to fix electric vehicles, and one of them would also be able to repair high-voltage EV batteries.
"Korea is much advanced in charging infrastructure. I do believe Korea is one of the countries that has the highest density of chargers," Sheer explained. "We will continue to explore ways to elevate the convenience in charging, for instance, we are offering customer-only reservation and on-demand charging service."
Meanwhile, Yonhap News Agency further reported that along with the announcement of its name change to Volkswagen Group Korea, the automaker revealed it will also be launching 22 new vehicle units, including upgraded models under its four brands and these are the Audi A3 compact, the Volkswagen ID.4 all-electric SUV, and the Q4 e-tron.


Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Australian Household Spending Dips in December as RBA Tightens Policy
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data
Samsung Electronics Shares Jump on HBM4 Mass Production Report 



