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Wed, Jun 19 2019

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Czech owners of Skoda, Volkswagen cars qualify for $23 million compensation, court says

PRAGUE A Prague district court has ruled that a number of Czech owners of Skoda and Volkswagen cars qualify for 533 million crowns ($23.30 million) in compensation linked to VW's diesel emissions scandal, the ruling seen by Reuters said.

UPDATE 3-Czech owners of Skoda, VW cars qualify for $23 mln compensation, court says

PRAGUE, June 19 A Prague district court has ruled that a number of Czech owners of Skoda and Volkswagen cars qualify for 533 million crowns ($23.30 million) in compensation linked to VW's diesel emissions scandal, the ruling seen by Reuters said.

Prague court rules Czech Skoda, VW owners qualify for $23 mln in compensation - report

PRAGUE, June 19 A Prague district court has ruled that Czech owners of Skoda and Volkswagen cars qualify for 533 million crowns ($23.30 million) in compensation linked to the so-called Dieselgate emissions scandal, a news website reported on Wednesday.

Volkswagen aims to boost in-house software development to 60% by 2025

BERLIN Volkswagen said on Tuesday it would put 5,000 digital experts into a new unit called "Car.Software" by 2025 as the German carmaker aims to develop at least 60% of its software in-house by then, up from less than 10% currently.

Algerian partner of Germany’s VW held over graft allegations: state TV

ALGIERS An Algerian court on Monday ordered the detention of Mourad Eulmi, head of family-owned firm SOVAC that is a partner of Germany's Volkswagen AG, on suspicion of corruption, state television reported.

UPDATE 2-Algerian partner of Germany’s VW held over graft allegations -state TV

ALGIERS, June 17 An Algerian court on Monday ordered the detention of Mourad Eulmi, head of family-owned firm SOVAC that is a partner of Germany's Volkswagen AG, on suspicion of corruption, state television reported.

Algerian court orders detention of partner of Germany’s VW - state TV

ALGIERS, June 17 A judge at a court in Algiers on Monday ordered the detention of Mourad Eulmi, head of the family-owned firm SOVAC, a partner of Germany's Volkswagen AG , over corruption allegations, state TV reported.

Volkswagen could place additional Traton shares after IPO: CFO

HAMBURG German carmaker Volkswagen could place additional shares of its Traton unit after the truckmaker's planned initial public offering, Volkswagen finance chief Frank Witter said in a call with journalists on Monday.

Volkswagen could place additional Traton shares after IPO -CFO

HAMBURG, June 17 German carmaker Volkswagen could place additional shares of its Traton unit after the truckmaker's planned initial public offering, Volkswagen finance chief Frank Witter said in a call with journalists on Monday.

Algerian partner of Germany's VW questioned in corruption case: state TV

ALGIERS Mourad Eulmi, the head of the Algerian family-owned firm SOVAC which runs an assembly plant with Germany’s Volkswagen AG, was questioned in court about corruption accusations on Sunday, state TV reported.

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