BERLIN/FRANKFURT/DUESSELDORF Thyssenkrupp boss Heinrich Hiesinger has asked to step down less than a week after sealing a landmark joint venture deal with India's Tata Steel, bowing to growing investor pressure for a more radical restructuring of the group.
BERLIN Volkswagen was fined one billion euros ($1.18 billion) over diesel emissions cheating in what amounts to one of the highest ever fines imposed by German authorities against a company, public prosecutors said on Wednesday.
Wolfsburg Der VW-Betriebsrat lehnt den Verkauf von Randbereichen des Konzerns ab, sperrt sich aber nicht gegen andere Lösungen.
WOLFSBURG, Germany Volkswagen's powerful works council will continue to block the potential sale of specialist industrial assets and instead seek to work with the carmaker's new chief executive to develop them, its labour leader told Reuters.
WOLFSBURG, Germany Volkswagen's powerful works council will continue to block potential sales of the carmaker's non-core industrial assets and instead seek steps with the new chief executive to advance the units, its top labour leader said in an interview.
WOLFSBURG, Germany Volkswagen's core brand expects to beat the company's stated target of selling 1 million electric cars by 2025, a senior manager said, citing solid demand in China and Europe, as well as untapped potential in the southern hemisphere.
BERLIN/PARIS Volkswagen will not display its core brand at the Paris motor show this year, the latest and most prominent carmaker to swerve the biennial industry gathering.
BERLIN/MUNICH Audi has discovered emissions-related problems with a further 60,000 cars, it said on Tuesday, dealing a fresh setback to parent Volkswagen more than 2-1/2 years after it first admitted to cheating U.S. diesel exhaust tests.
Washington/Hamburg/Berlin Volkswagen will gerade in die Zukunft als "anständiges" Unternehmen starten, da taucht ein altes Gespenst wieder auf: der Dieselskandal.
BERLIN Volkswagen's new chief executive on Thursday vowed to make the carmaker "more honest" as it fights to recover from 2015's diesel emissions scandal, but its wary investors called for outside vetting of steps to restore its reputation.