Edition:
International

Edward Taylor

VW-Präsidium berät Anliegen von Konzernchef Diess

Dec 02 2020

Hamburg/Frankfurt Der innere Machtzirkel des Aufsichtsrats von Volkswagen hat bei seinen Beratungen am Dienstag nicht über eine Vertragsverlängerung für Konzernchef Herbert Diess entschieden.

VW seeks to avert crisis after CEO demands confidence vote

Dec 01 2020

FRANKFURT Volkswagen's top committee on Tuesday avoided discussing a potential contract extension for Chief Executive Herbert Diess in a bid to defuse a looming leadership crisis at the world's largest carmaker, a person familiar with the deliberations told Reuters.

VW bets on Porsche racecar engineer to help overtake Tesla

Dec 01 2020

FRANKFURT Alexander Hitzinger, a 49-year-old engineer who defected to Apple after helping to develop Porsche's winning 919 racecar, has been lured back to Volkswagen Group for perhaps his biggest challenge yet - building an electric car to take on Tesla.

Zukunft von Diess an VW-Spitze entscheidet sich am Dienstag

Nov 30 2020

Hamburg Der innere Machtzirkel des VW-Aufsichtsrats befasst sich Insidern zufolge am morgigen Dienstag mit der Zukunft von Herbert Diess als Konzernchef.

Exclusive: VW CEO pushes for contract extension in vote of confidence move - sources

Nov 28 2020

FRANKFURT Volkswagen Chief Executive Herbert Diess has asked the families who control a majority voting stake in the world's largest carmaker to back a contract extension for him in a bid to break a deadlock, two people familiar with the matter said.

EXCLUSIVE-VW CEO pushes for contract extension in vote of confidence move -sources

Nov 27 2020

FRANKFURT, Nov 27 Volkswagen Chief Executive Herbert Diess has asked the families who control a majority voting stake in the world's largest carmaker to back a contract extension for him in a bid to break a deadlock, two people familiar with the matter said.

Daimler will shrink with shift to electric, autonomous cars: CEO

Nov 12 2020

FRANKFURT Daimler will be a smaller company five years from now, focused on capturing recurring revenues with software-based services as Mercedes-Benz seeks to redefine luxury in an era of electric self-driving cars, Chief Executive Ola Kaellenius said.

BMW warns of pandemic risks as third-quarter profit rebounds

Nov 04 2020

FRANKFURT BMW's third-quarter profit rose almost 10% thanks to Chinese demand for luxury cars, but the German automaker warned a new wave of coronavirus infections sweeping Europe and the United states posed a "considerable" risk to its business.

Mercedes bets on evolution as Tesla touts revolution in automated driving

Oct 28 2020

IMMENDINGEN, Germany As Tesla touts the cutting-edge nature of its new Full Self Driving software, rival Mercedes-Benz says it has developed a similar system but stops short of allowing members of the public to take it on urban roads.

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