Edition:
United States

Andreas Cremer

Thyssenkrupp CEO offers resignation, opening way for breakup

Jul 05 2018

BERLIN/FRANKFURT/DUESSELDORF Thyssenkrupp boss Heinrich Hiesinger has asked to step down less than a week after sealing a landmark joint venture deal with India's Tata Steel, bowing to growing investor pressure for a more radical restructuring of the group.

Volkswagen fined one billlion euros by German prosecutors over emissions cheating

Jun 13 2018

BERLIN Volkswagen was fined one billion euros ($1.18 billion) over diesel emissions cheating in what amounts to one of the highest ever fines imposed by German authorities against a company, public prosecutors said on Wednesday.

VW-Betriebsrat will Randbereiche fördern, nicht verkaufen

Jun 08 2018

Wolfsburg Der VW-Betriebsrat lehnt den Verkauf von Randbereichen des Konzerns ab, sperrt sich aber nicht gegen andere Lösungen.

Volkswagen labour boss says will block sale of specialist assets

Jun 08 2018

WOLFSBURG, Germany Volkswagen's powerful works council will continue to block the potential sale of specialist industrial assets and instead seek to work with the carmaker's new chief executive to develop them, its labour leader told Reuters.

Volkswagen's labour boss aims to foster, not sell, non-core assets

Jun 08 2018

WOLFSBURG, Germany Volkswagen's powerful works council will continue to block potential sales of the carmaker's non-core industrial assets and instead seek steps with the new chief executive to advance the units, its top labour leader said in an interview.

Volkswagen expects to beat electric car sales goal on China, Europe demand

May 28 2018

WOLFSBURG, Germany Volkswagen's core brand expects to beat the company's stated target of selling 1 million electric cars by 2025, a senior manager said, citing solid demand in China and Europe, as well as untapped potential in the southern hemisphere.

Volkswagen's biggest brand to by-pass Paris auto show

May 17 2018

BERLIN/PARIS Volkswagen will not display its core brand at the Paris motor show this year, the latest and most prominent carmaker to swerve the biennial industry gathering.

VW's Audi finds emissions problem with another 60,000 cars

May 08 2018

BERLIN/MUNICH Audi has discovered emissions-related problems with a further 60,000 cars, it said on Tuesday, dealing a fresh setback to parent Volkswagen more than 2-1/2 years after it first admitted to cheating U.S. diesel exhaust tests.

Ex-VW-Chef Winterkorn in den USA im Dieselskandal angeklagt

May 04 2018

Washington/Hamburg/Berlin Volkswagen will gerade in die Zukunft als "anständiges" Unternehmen starten, da taucht ein altes Gespenst wieder auf: der Dieselskandal.

New VW CEO vows integrity drive but investors unimpressed

May 03 2018

BERLIN Volkswagen's new chief executive on Thursday vowed to make the carmaker "more honest" as it fights to recover from 2015's diesel emissions scandal, but its wary investors called for outside vetting of steps to restore its reputation.

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