NEW YORK, United States—Volkswagen has lost its “Green Car of the Year” prize for two models that employed technology at the heart of German giant’s pollution-cheating scandal, US prize organizers said Wednesday. Green Car Journal announced it…
BERLIN — A Volkswagen engine factory said Wednesday it has dropped one shift a week and the company’s financial services division imposed a temporary hiring freeze as the world’s largest automaker grapples with an emissions-rigging scandal. The…
FRANKFURT, Germany—Volkswagen on Tuesday revealed a plan to refit millions of vehicles affected by a worldwide pollution-cheating scam, as its new chief vowed to act ruthlessly to overcome the “severest test” in the car giant’s history. …
THE DIESEL emissions deception scandal that has engulfed Volkswagen, the world’s top-selling automaker, in the United States and Europe is unlikely to affect the sales of diesel-fueled motor vehicles in the Philippines.…
Matthias Müller (62) has been appointed CEO of Volkswagen AG with immediate effect. This was decided by the Supervisory Board at its meeting in Wolfsburg today (Friday). Müller is currently Chairman of Porsche AG in Stuttgart. He…
BERLIN, Germany—The pollution cheating scandal that has engulfed auto giant Volkswagen touches one of the main nerve centers of the German economy, given the importance of the car sector both politically and economically. READ: Volkswagen admits 11…
Volkswagen CEO Martin Winterkorn has resigned in the wake of the company’s admission that it has cheated on emissions regulations by using special software. The company’s diesel cars can apparently detect when they are being subjected…
DETROIT — Volkswagen AG’s smog-test scandal escalated Tuesday as the company acknowledged putting stealth software in millions of vehicles worldwide. The crisis has already cost VW more than 24 billion euros ($26 billion) in market value. The…
FRANKFURT, Germany—Volkswagen’s emissions cheating scandal escalated dramatically Tuesday when the automaker revealed 11 million of its cars worldwide could be affected, wiping a third off the company’s market value and threatening to topple its chief executive. As…
FRANKFURT, Germany—German auto giant Volkswagen’s shares plummeted nearly 20 percent Monday as investigations spread into revelations that hundreds of thousands of its diesel cars have software that secretly thwarts US pollution tests. Volkswagen, the world’s largest automaker by…
