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Business Series

Volkswagen's market share declines for the first time in eight years

Another blow for Volkswagen. The German carmaker has seen its market share decline for the first time in eight years. It comes in the wake of the

Business Series

US regulators reject VW's plans for emissions fix

US regulators have rejected Volkswagen’s plans to fix 2.0 litre cars equipped with equipment which “cheated” emissions tests allowing them to emit 40

Economy

Volkswagen unveils Budd-e at Las Vegas CES show

Volkswagen’s Budd-e had its world premier in Las Vegas at the Consumer Electronics Show one of two Volkswagen concept electric cars which were

USA

US justice department sues Volkswagen over emissions scandal

The US justice department is suing Volkswagen over the emissions scandal in which the German car manufacturer fitted illegal devices to its cars so

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Economy

Volkswagen blames 'small group' of employees for 'dieselgate' scandal

Volkswagen says a “chain of errors” led to the emissions cheating scandal rather than a one-off mistake, adding that it struggled with deadlines to

Business Series

Volkswagen says CO2 deviations fewer than suspected

Volkswagen says a probe into carbon-dioxide emissions irregularities has found that far fewer cars were affected than previously thought. CO2 issue

Economy

Volkswagen 'agrees loan' to cover emissions scandal costs

Volkswagen is said to have agreed the terms of a 20 billion euro bridging loan with banks to help shoulder the costs of its emissions scandal

Business Series

Volkswagen to cut capital spending and focus on future technologies

Volkswagen says it is to reduce capital spending to no more than 12 billion euros next year as it struggles with the enormous cost of its emissions

Economy

Winterkorn quits as Audi chairman as emissions probes continue

He resigned as head of Volkswagen in the wake of the diesel emissions tests scandal, then he left the family-owned Porsche – now he is quitting as

Economy

VW holds first post-emissions scandal board meeting

Volkswagen running out of time to prove it is not Das Problem as first board meeting since emissions scandal debates disaster

Economy

Volkswagen shares fall over 'false' CO2 and fuel readings

Another three billion euros have been wiped off Volkswagen’s market value after the company admitted the fuel consumption and CO2 emissions of some

Germany

More VWs recalled as emission doubts creep towards Audi and Porsche

More bad news at Volkswagen/Audi/Porsche, where 800,000 new cars are now deemed worth a recall because of failing to hit CO2 limits. It is another

Economy

Volkswagen CEO under pressure to explain Porsche emissions claims

Volkswagen’s new boss is under pressure to explain claims by US regulators that they’ve found more cars equipped to cheat emissions tests. What is

Germany

Volkswagen denies Porsche cars involved in emissions scandal

German car maker Volkswagen has denied cheating air pollution tests with its luxury diesel vehicles as well as its smaller engines. It follows new

Germany

US: Porsche and Audi drawn deeper into Volkswagen emissions-cheating scandal

The United States has expanded its investigation into Volkswagen, with claims the German carmaker has also installed emissions-control cheating

Economy

Experts want 'real driving emissions' tests for EU cars

Motor industry experts from EU member states gathered in Brussels have agreed that cars will undergo real driving emissions tests as well as

Economy

Volkswagen puts brave face on crash into the red

Volkswagen plunged into the red in the third quarter, the first such loss for 15 years. The reason is the 6.7 billion euros set aside to deal with

Germany

VW posts huge operating loss: 3.48 billion euros

Car maker Volkswagen has posted a third-quarter operating loss of 3.48 billion euros. It is the German group’s first quarter loss in more than 15

Economy

Toyota overtakes Volkswagen to top world car sales list

Toyota has taken over from Volkswagen as the world’s number one car manufacturer in terms of sales. As the diesel emissions scandal hit the German

Business Line

Business Line: how can banks and carmakers regain customers' trust?

Several years after the global financial crisis Europe’s banks are still trying to get back on track. Struggling to revive their fortunes and