FRANKFURT(Reuters) -- Senior members of Volkswagen's supervisory board were prepared to demand Chairman Ferdinand Piech's resignation had he not agreed to a statement backing CEO Martin Winterkorn, a German newspaper reported.
April 18, 2015 05:00 AM
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Tariffs already hurting vehicle affordability as more price hikes loom
Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.
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