Volkswagen’s ( VOWG_p.DE ) CEO has rejected calls for the carmaker to compensate customers in Europe over the ‘Dieselgate’ emissions scandal along the lines of its $15 billion deal in Continue Reading
Volkswagen AG’s ( VOWG_p.DE ) diesel emissions settlement with U.S. regulators is valued at nearly $10.3 billion, a source briefed on the agreement said on Thursday. The settlement includes offers Continue Reading
Electric Car In an effort to make good on a pledge to cut its carbon output anywhere from 80 percent to 95 percent by 2050, Germany is mandating that new Continue Reading
When Martin Winterkorn dropped by to order some new glasses in the Volkswagen company town of Wolfsburg, he was “visibly dejected”, according to his optician. But the visit wasn’t last Continue Reading
Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the carmaker for what they see as breaches of its capital markets duty in the emissions scandal, Continue Reading
The suggestion was startling: Maybe VW should give up on selling cars to America’s masses. It was late January, at the Detroit auto show, and Herbert Diess, the global chief Continue Reading
Siemens AG said on Wednesday it would cut about 2,500 jobs at its Process Industries and Drives division, most of them in Germany, in response to intense competition in the Continue Reading
Iran said Monday it expected to renew an energy relationship with German company Siemens, which was suspected of Internet sabotage in 2010. Siemens Chief Executive Joe Kaeser met in Tehran Continue Reading
The charging plug of an electric Volkswagen Passat car is pictured at charging station at a VW dealer in Berlin, Germany, February 2, 2016. U.S. authorities have asked the German Continue Reading
China’s Beijing Enterprises Holdings Ltd. has emerged as the front-runner to acquire a German operator of waste-burning power plants from private-equity firm EQT for around €1.8 billion ($2 billion), according Continue Reading
