Volkswagen plans a complete makeover of its diesel technology in the wake its emissions cheating scandal. The new versions of its high-mileage engines should go into production "as soon as possible," ...
Volkswagen recently reorganized its management structure to oversee core brands across the group, aiming to unlock about US$1.20 billion in production savings alone. The company also reported that ...
Operating profit fell to 2.86 billion euros ($3.1 billion), while third quarter sales revenues slipped 0.5% year on year to around 78.5 billion euros. The third quarter results come after Volkswagen ...
LONDON, May 6 (Reuters) - Activist investor TCI upped the pressure on loss-making German carmaker Volkswagen (VW) on Friday, demanding it overhaul its "excessive" executive pay scheme as part of a ...