MUNICH -– Volkswagen group has revised its code of conduct following a series of investigations in which some of its employees are alleged to have taken bribes.
Supplier executives at interior specialists are accused of giving or arranging bribes to purchasing managers at VW and BMW in exchange for contracts.
BMW also has made changes to its corruption-preventing policies.
On June 27, VW issued new anti-corruption guidelines that forbid employees from accepting gifts worth more than E50 or invitations to sports or cultural events without a supervisor's permission.
"We clarified and reinforced our policies," VW spokesman Stefan Ohletz said.
VW last updated its code of conduct in 1988.
VW also recently reinforced its purchasing department policies. The carmaker now requires frequent employee rotations in the department and wants multiple people to approve each purchase decision.
The accusations at VW follow a tumultuous year at the automaker that included fraud and corruption allegations in India and the Czech Republic and a sex scandal that stretched from Germany to Brazil.