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Volkswagen

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Business

German watchdog probes former VW board

The German financial watchdog has filed a complaint against the entire former board of Volkswagen over possible market manipulation.

The German financial watchdog has filed a complaint against the entire former board of Volkswagen over possible market manipulation.

Business

VW Dieselgate damage could have been worse

Despite the diesel emissions test cheating scandal Volkswagen's underlying profit fell less than expected in the first quarter thanks to demand for its Audi and Porsche models.

Despite the diesel emissions test cheating scandal Volkswagen's underlying profit fell less than expected in the first quarter thanks to demand for its Audi and Porsche models.

Business

Toyota invests in ride-hailing firm Uber

Toyota has become the latest carmaker to invest in an on-demand ride-hailing company by forging a deal with Uber. It follows General Motors investing in Lyft and Volkswagen in Gett.

Toyota has become the latest carmaker to invest in an on-demand ride-hailing company by forging a deal with Uber. It follows General Motors investing in Lyft and Volkswagen in Gett.

Business

Norway's wealth fund to sue Volkswagen over Dieselgate

Norway's sovereign wealth fund plans to join the class-action lawsuits filed in German courts against Volkswagen over the carmaker's emissions scandal.

Norway's sovereign wealth fund plans to join the class-action lawsuits filed in German courts against Volkswagen over the carmaker's emissions scandal.

Business

VW warns of big challenges ahead

Volkswagen says it's confident of solid growth this year despite 'Dieselgate' but admitted the scandal could cost much more than the amount set aside so far and assets might have to be sold.

Volkswagen says it's confident of solid growth this year despite 'Dieselgate' but admitted the scandal could cost much more than the amount set aside so far and assets might have to be sold.

Business

Braking bad: auto industry plagued by scandals

In this edition of Business Line we focus on the 'Dieselgate' scandal - the effects on Volkswagen and Mitsubishi along with the unanswered questions for European owners of VWs.

In this edition of Business Line we focus on the 'Dieselgate' scandal - the effects on Volkswagen and Mitsubishi along with the unanswered questions for European owners of VWs.

News

Volkswagen emission cheating costs rise to more than €16bn

Volkswagen has announced it will be putting aside €16.2 billion to help pay for its emissions scandal, more than double the €6.7 billion it told

Volkswagen has announced it will be putting aside €16.2 billion to help pay for its emissions scandal, more than double the €6.7 billion it told