Jailed Audi CEO Stadler could get big pay out

Oct. 1, 2018 08:34 CET
Audi's Rupert Stadler stands to receive a golden parachute, earning millions if he agrees to step down as chief executive with years still left on his contract.

VW postpones decision on jailed Audi CEO Stadler

Sept. 28, 2018 13:43 CET
Volkswagen Group's supervisory board on Friday postponed a decision on the future of Audi CEO Rupert Stadler, who has been jailed since June in connection with the company's diesel-emissions violations.

VW will support retrofitting of older diesel cars in Germany, report says

Sept. 27, 2018 19:07 CET
Volkswagen is prepared to support hardware retrofits for older diesel vehicles and offer incentives for drivers to swap some older diesel vehicles for newer ones, Reuters reported.

VW board to discuss Audi CEO Stadler's future, report says

Sept. 14, 2018 13:19 CET
Audi's suspended CEO, Rupert Stadler, who is in police custody, likely will be asked to step down by parent Volkswagen Group's supervisory board, German magazine Der Spiegel reported.

VW ex-CEO, Bosch CEO won't testify in diesel-cheat trial

Sept. 12, 2018 21:52 CET
Former VW Group CEO Martin Winterkorn and Bosch CEO Volkmar Denner are no longer expected to testify in a trial brought by investors against VW's main shareholder, Porsche SE.

VW faces class-action case from German consumer body

Sept. 12, 2018 12:28 CET
Germany's consumer protection association and auto club ADAC will present a class action against VW on behalf of owners over the automaker's manipulation of emissions software.

VW struggles to escape diesel scandal fallout

Sept. 12, 2018 09:42 CET
Three years after admitting to cheating diesel-emissions tests, Volkswagen is still struggling to escape the scandal as it faces another wave of claims from investors and customers. Current and former executives remain under investigation.

VW dealt blow in diesel lawsuit as judge picks apart memo

Sept. 11, 2018 15:12 CET
VW was dealt a series of blows on the second day of hearings in a $10.4 billion investor lawsuit tied to the diesel emissions scandal as judges questioned some of the automaker's key arguments.

Former VW CEO Winterkorn dragged his feet on diesel scandal, judge says

Sept. 11, 2018 17:37 CET
Former VW CEO Martin Winterkorn was slow to address the automaker's emissions test cheating that led to huge U.S. fines, a German judge said during the second day of a trial.

VW gets mixed messages as judges weigh $10.4 billion diesel suit

Sept. 10, 2018 17:47 CET
German judges hearing a $10.4 billion lawsuit by investors who say VW misinformed them on its diesel scandal indicated that some of the claims may be too old to be considered.

VW investors seek $11 billion damages over diesel scandal

Sept. 7, 2018 14:50 CET
VW Group is facing investors in a court case over 9.2 billion euros ($10.6 billion) in compensation. During the case, which begins on Monday, the investors will argue VW should have informed shareholders earlier about its diesel-pollution scandal.

Germany dismisses report on VW emissions manipulation in gasoline cars

Sept. 2, 2018 13:56 CET
Germany's Transport Ministry said there was no fresh news in a report that Volkswagen engineers told investigators that some gasoline engines in VW, Audi and Porsche vehicles can be used to manipulate emissions tests.

VW's Diess learned about emissions software months before scandal, report says

Aug. 18, 2018 15:32 CET
VW CEO Herbert Diess was told about cheating software two months before U.S. regulators exposed the automaker's emissions scandal, a German magazine said in a report based on recently unsealed documents from German prosecutors.

German prosecutors investigate ex-VW CEO's financial transfers

July 30, 2018 17:19 CET
Prosecutors are investigating whether former VW CEO Martin Winterkorn moved some of his assets out of Germany following an inquiry into his role in the manipulation of anti-pollution tests.

Audi's detained CEO, Stadler, questioned by prosecutors, report says

June 20, 2018 17:18 CET
Munich prosecutors questioned Audi's arrested CEO, Rupert Stadler, about the automaker's diesel-cheating scandal on Wednesday, Reuters reported.


VW board was weak and indecisive over Audi CEO crisis

5:30 am U.S. ET | June 20, 2018
When a crisis strikes, a company's board must spring into action and take charge to quickly restore confidence. After Audi CEO Rupert Stadler was arrested over VW Group's diesel scandal, old loyalties took precedence over damage control.

Audi said to resume crisis talks after CEO Stadler's arrest

June 19, 2018 08:04 CET
Audi's board of directors will resume talks to address a leadership crisis, sources said, following CEO Rupert Stadler's arrest.


VW executive tally in diesel scandal grows with Stadler arrest

June 18, 2018 18:09 CET
Rupert Stadler's arrest adds to the list of German and American executives at Volkswagen Group that have been held, charged, or both over their alleged involvement in the emissions-testing scandal.

VW fined $1.2B by German prosecutors over diesel cheating

June 13, 2018 18:03 CET
Volkswagen has been fined 1 billion euros ($1.18 billion) by public prosecutors in Germany over diesel-emissions cheating.

Former VW chief Winterkorn summoned to testify in emissions lawsuit, paper says

June 8, 2018 08:39 CET
Former VW Group chief Martin Winterkorn and the CEOs of Audi and Bosch have been asked to testify before a German court in connection with a lawsuit seeking damages from the automaker over its emissions-cheating scandal, a report said.

VW rapped in U.S. for slow pace of culture change

May 24, 2018 18:50 CET
A top U.S. official says he is not satisfied with Volkswagen's efforts to improve accountability after the company's diesel-emissions fraud and violations, a German newspaper reported.

VW could face class action from 2 million German owners after law change

May 9, 2018 17:05 CET
About 2 million diesel car owners in Germany could join class action lawsuits to seek compensation from VW after the German cabinet approved a draft law that aims to make it easier for people to join a legal test case.

VW's new CEO testified in U.S. on emissions scandal, report says

May 8, 2018 11:24 CET
VW Group CEO Herbert Diess travelled to the U.S. this month to testify to authorities about the automaker's emissions scandal, German newspaper Bild reported.


Winterkorn faces growing backlash in Germany after U.S. charges

May 6, 2018 15:39 CET
Once revered in Germany, former VW CEO Martin Winterkorn is now facing a growing backlash in his home country, with calls for him to be held accountable for the diesel cheating scandal.

German prosecutors will continue Winterkorn probe after U.S. criminal charges

May 4, 2018 12:25 CET
German investigators said they will continue their probe into former VW CEO Martin Winterkorn's role in the automaker's diesel scandal even after the U.S. Justice Department filed criminal charges.

Congress to seek VW CEO's testimony in new cheating probe

April 25, 2018 13:49 CET
A U.S. House committee has begun a new investigation into allegations of overseas emissions cheating by Volkswagen and is seeking testimony from VW CEO Herbert Diess.

VW's internal handling of emissions scandal 'unsatisfactory,' U.S. monitor finds

April 23, 2018 08:23 CET
VW's independent monitor, former U.S. Deputy Attorney General Larry Thompson, has criticized the automaker's internal response to its emissions scandal, a German newspaper report said.

VW is storing 300,000 diesels at 37 facilities around U.S.

March 31, 2018 06:01 CET
VW has been storing nearly 300,000 vehicles it was forced to buy back from owners in 37 secure storage facilities around the U.S.

VW settles diesel owner suit on eve of U.S. trial

Feb. 24, 2018 06:01 CET
VW Group's U.S. unit resolved a lawsuit on Friday brought by a North Carolina man whose diesel-emissions case was set to be the first to go to trial on Monday.

VW seeks delay in U.S. trial after lawyer references monkey testing, Hitler

Feb. 3, 2018 14:23 CET
VW asked a U.S. judge to delay several court trials it is facing over excess emissions because of "inflammatory" comments made by a lawyer representing car owners.

VW says some staff aware of emissions tests on monkeys

Jan. 28, 2018 09:24 CET
VW Group said that some staff members at the VW brand's technical development division and at Volkswagen of America had been aware of tests in which monkeys were exposed to toxic diesel fumes. VW did not identify the employees, which included some members of its legal department.

Bosch probed by German prosecutors over Audi emissions

Jan. 11, 2018 16:17 CET
German prosecutors have launched a probe into Bosch over its suspected involvement in emissions test cheating in relation to its work with Audi.

Bosch takes Ford diesel rigging allegations 'very seriously'

Jan. 11, 2018 08:28 CET
Bosch said it took "very seriously" allegations of diesel software manipulation in Ford pickups, responding to a lawsuit brought by U.S. law firm Hagens Berman.

Germany's top court rejects VW's bid to suspend emissions audit

Dec. 29, 2017 09:30 CET
Germany's highest court has rejected a bid by VW to suspend the work of a special auditor appointed to investigate management's actions in the company's emissions scandal.

U.S. regulators approve emissions fix for 24,000 Audi diesel 3.0-liter vehicles

Dec. 20, 2017 06:01 CET
The U.S. Environmental Protection Agency and the California Air Resources Board have approved an emissions fix for 24,000 Audi 3.0-liter passenger cars as parent VW Group looks to move beyond its diesel emissions crisis.

VW's stock rebound leaves Daimler and BMW in the dust

Dec. 19, 2017 08:30 CET
Volkswagen's rebound from its diesel emissions scandal and an upgraded earnings forecast has helped the stock to surge ahead of its German peers Daimler and BMW.

VW expects diesel scandal costs will drop to as low as $4.7B in 2018

Dec. 11, 2017 17:06 CET
VW expects cash outflows of 4 billion to 5 billion euros ($4.7 billion to 5.9 billion) next year in relation to the diesel scandal, down from 17 billion euros this year.

VW executive convicted in U.S. may seek transfer to Germany, paper says

Dec. 10, 2017 12:52 CET
VW executive Oliver Schmidt, convicted in the U.S. for his role in the automaker's emissions scandal, may ask to serve his prison sentence in Germany, a report said.

VW halts deliveries of T6 van because of high emissions

Dec. 8, 2017 13:07 CET
VW has stopped delivering T6 vans to German dealers after detecting that diesel models emit excessive nitrogen oxide levels. The automaker has reported the findings to the KBA, Germany's motor transport authority.


Schmidt's statement showed a broken man with misplaced faith in VW

3:49 pm U.S. ET | Dec. 7, 2017
Oliver Schmidt's vacant almost defiant stare has been the face of VW's $30 billion diesel emissions scandal. That wasn't the face seen in court on Wednesday.

Ex-VW exec Schmidt gets max 7 years, $400,000 fine for U.S. emissions violations

Dec. 6, 2017 22:18 CET
Oliver Schmidt, the former executive who spearheaded Volkswagen's multiyear effort to keep its conspiracy to cheat on diesel emissions a secret from U.S. regulators, received the maximum sentence possible from a federal judge in Detroit.

VW bosses coached me to lie, jailed manager tells U.S. judge ahead of sentencing

Dec. 3, 2017 09:05 CET
VW manager Oliver Schmidt, who is scheduled to be sentenced Thursday for violating U.S. environmental regulations, told a judge he was coached by company executives to lie about diesel emissions in a meeting with a U.S. regulator two years ago.

VW fined by Dutch regulator over diesel ads

Nov. 28, 2017 16:59 CET
The Dutch markets watchdog has fined Volkswagen 450,000 euros ($534,000) for misleading consumers who bought its diesel cars between 2009 and 2015.

German court releases on bail ex-Audi manager in emissions inquiry

Nov. 19, 2017 22:40 CET
Former Audi manager Giovanni Pamio is being released following his arrest on suspicion of fraud and false advertising in connection with the carmaker's emissions scandal.

VW Chairman, CFO, HR chief offices raided by tax authorities, prosecutors

Nov. 14, 2017 23:16 CET
The offices of several senior VW executives were raided by prosecutors and tax authorities on suspicions of tax evasion.

VW agrees to pay $69 million to settle New Jersey emissions suits

Nov. 14, 2017 18:50 CET
VW agreed to pay $69 million to settle New Jersey state diesel emissions claims, one of the last major outstanding diesel legal issues the automaker faces in the U.S.

German regulator launches another probe into VW emissions scandal

Nov. 10, 2017 20:03 CET
Germany's financial watchdog is investigating whether VW illegally disclosed information about emissions violations to third parties, adding to the company's legal headaches.

VW scandal should be investigated by independent auditor, German court rules

Nov. 8, 2017 19:36 CET
Investors seeking damages from VW were given a boost when a German court ruled an independent auditor should be appointed to investigate the automaker's diesel scandal.

VW has still not fixed one in three diesel-cheat cars in UK

Nov. 8, 2017 16:46 CET
VW has yet to fix one in three of the 1.2 million cars affected by the diesel emissions scandal in Britain, over two years since revelations that it cheated tests first came to light.

Extent of VW emissions cheating discussed earlier than known, report says

Oct. 27, 2017 15:58 CET
VW engineers told top managers that diesel emissions manipulations went far beyond issues in the U.S. two days before VW made a public announcement, a German newspaper reported.

German automakers' opposition to CO2 goal may backfire

Christiaan Hetzner
4:03 am U.S. ET | Oct. 11 2018

German-led efforts to water down calls for a 40 percent cut in new-car CO2 emissions by 2030 may hav ...
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Daimler should consider Porsche exec as next finance chief

Christiaan Hetzner
8:29 am U.S. ET | Oct. 9 2018

Lutz Meschke, Porsche's finance chief has done a remarkable job at the automaker, ensuring double-di ...
 Read More ›

How women are tackling the industry's glass ceiling

Peter Sigal
7:28 am U.S. ET | Oct. 5 2018

To say that the automotive industry is male-dominated is an understatement. ...
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Why China is by far the world's largest market for full-electric cars

Luca Ciferri
12:01 am U.S. ET | Oct. 5 2018

China is the largest market for EVs in the world after finding the simple formula for success: Combi ...
 Read More ›

Why Russia's Rolls rival fails to impress

Nick Gibbs
12:01 am U.S. ET | Sept. 28 2018

Russia's luxury Aurus brand aspires to rival Bentley and Rolls-Royce, not just in Russia but in Euro ...
 Read More ›

Riding in ZF's 'flying billboard'

9:11 am U.S. ET | Sept. 25 2018

ZF Friedrichshafen began making gears for the Zeppelin airships back in 1900. ...
 Read More ›

Rising Star starts new adventure

Douglas A. Bolduc
5:50 am U.S. ET | Sept. 21 2018

Former Mazda Europe executive and 2017 Rising Star Christian Ohm is starting a new adventure this month. ...
 Read More ›

Why Aston Martin's CEO expects automaker to be more profitable than Ferrari

Nick Gibbs
4:40 am U.S. ET | Sept. 10 2018

As Aston Martin plans its London IPO, CEO Andy Palmer believes the company will be more profitable t ...
 Read More ›

Volvo has autonomous vehicle safety covered like a blanket

Douglas A. Bolduc
3:51 am U.S. ET | Sept. 7 2018

Leave it to Volvo to already be working on a patent for a solution that will keep passengers safe even as they sleep in their self-driving cars. ...
 Read More ›

Tesla readies a surprise in Europe

Jay Ramey
12:01 am U.S. ET | Sept. 4 2018

Tesla is expected to reveal a new vehicle at the Grand Basel auto show, according to an invitation s ...
 Read More ›

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