Volkswagen is closing two coal-fired power stations at its major plant in Wolfsburg, Germany and has rejected offers to sell them to slash the company’s carbon dioxide emissions, CEO Herbert
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Herbert Diess, chief executive of Volkswagen, stated Luca de Meo, who stepped down as chief executive of the German automaker’s Spanish Seat brand this month, was probably in talks with
Volkswagen needs to accelerate the reformation of its business to prevent itself from becoming another Nokia, which lost its market dominance in the handset to Apple, the German automaker’s CEO
Volkswagen slashed its forecasts for operating profit and sales expansion on Monday because of a slump in demand for passenger cars, while keeping profit margin targets. “It is fair to
Volkswagen’s new ID.3 electric vehicle are going to be 40% cheaper to construct than the electric version of its Golf model, Chief Executive Herbert Diess informed investors on Monday. The
Volkswagen on Friday selected former BMW executive Markus Duesmann to reinvent Audi as the German premium brand appears to have lost key engineering know-how and influence following the 2015 diesel-cheating
Volkswagen CEO Herbert Diess on Friday stated the German automaker has no strategy to cooperate with American electric automaker Tesla. During the interview in Wolfsburg, Germany, Diess stated that Tesla
Volkswagen’s CEO and chairman will continue to stay in office, the company’s supervisory board stated on Wednesday, a day after German prosecutors brought charges against them for their role in
German automaker Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to spend in the “internationalization” of the division, CEO Herbert Diess stated on Tuesday.
Volkswagen workers supported a restructuring of Volkswagen on Tuesday after CEO Herbert Diess vowed to spend 1 billion euros ($1.1 billion) on a new battery cell production plant close to
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