Monday 30 May 2016
 
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VW

Qatar's Hessa Al-Jaber to replace Al-Baker on VW board

Volkswagen said on Wednesday Hessa Al-Jaber, the former IT minister for Qatar, would be nominated to the carmaker's supervisory board, replacing Akbar Al Baker, chief executive of Qatar Airways. Al-Jaber's appointment pave

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VW told to overhaul board pay, operations

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 plan to boost profits and end years of "mismanagement."

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VW says emissions scandal bill could get much bigger

Volkswagen's emissions test cheating scandal could cost it much more than the $18 billion earmarked so far and it might have to sell assets to foot the bill, the German carmaker said on Thursday. Europe's biggest motor man

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VW says emissions scandal bill could get much bigger

Volkswagen's emissions test cheating scandal could cost it much more than the $18 billion earmarked so far and it might have to sell assets to foot the bill, the German carmaker said on Thursday. Europe's biggest motor man

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VW CEO says will strengthen cooperation with Qatar

Volkswagen will strengthen cooperation with Qatar, its third-largest shareholder, chief executive Matthias Mueller said, as Europe's biggest carmaker struggles to overcome the emissions scandal and reposition its business. &qu

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VW CEO says will strengthen cooperation with Qatar

Volkswagen will strengthen cooperation with Qatar, its third-largest shareholder, chief executive Matthias Mueller said, as Europe's biggest carmaker struggles to overcome the emissions scandal and reposition its business. &qu

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VW takes $18bn hit over emissions scandal

Volkswagen (VW) said on Friday it would take a 16.2-billion-euro ($18.2 billion) hit to its 2015 results and slash its dividend to help pay for its emissions-test cheating scandal. The news came amid growing signs a regulatory cla

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VW recalls 91,000 Passat sedans in US to fix cable insulation

Volkswagen is recalling 91,000 Passat sedans in the US to fix insufficient cable insulation that could cause short circuits, it said on Friday. The cars were assembled between 2012 and 2014, VW said. Vehicles in other markets were

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VW recalls 91,000 Passat sedans in US to fix cable insulation

Volkswagen is recalling 91,000 Passat sedans in the US to fix insufficient cable insulation that could cause short circuits, it said on Friday. The cars were assembled between 2012 and 2014, VW said. Vehicles in other markets were

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BMW, VW, Daimler recall vehicles in US with Takata air bags

The three largest German automakers said they will recall 2.5 million vehicles in the US equipped with Takata Corp air bags, the latest moves in a long-running safety crisis involving the Japanese automotive supplier. On Wednesday

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