Geely threatens fine in the millions

With a spectacular coup Geely became a major shareholder of Daimler. But the Chinese automaker is said to have reported its involvement of the Financial Services Authority too late. A delicate punishment threatens. Geely owner Li Shufu and Daimler CEO Dieter Zetsche Saturday, 12.05.2018 14:23 clock Due to missed registration deadlines at the Daimler entry,… Continue reading Geely threatens fine in the millions

Supplier Rebel Prevent achieves partial success

The district court of Leipzig has made a decision in the dispute between the Prevent subsidiary ES Guss and VW – and thus far behind the request of the supplier. Factory premises of the automotive supplier ES Automobilguss in Schönheide Friday, 11.05.2018 5:32 pm In the legal dispute with VW, the automotive supplier ES Automobilguss… Continue reading Supplier Rebel Prevent achieves partial success

Ex-VW boss Winterkorn apparently wants to wait for access to the file

In the USA, Martin Winterkorn is being sought with an arrest warrant. In Germany, Minister of Transport Scheuer has accused him of “nibbling style”. Winterkorn wants to speak according to a report but only under conditions. Martin Winterkorn Friday, 11.05.2018 08:25 clock The behavior of ex-VW CEO Martin Winterkorn reminds a bit of the VW… Continue reading Ex-VW boss Winterkorn apparently wants to wait for access to the file

PSA Group suspends controversial severance pay for the time being

Opel is after the takeover by France’s PSA Group at a crossroads: The management wants to drastically reduce the workforce, the union suspects a clear-cut, which threatens the substance. Employees in front of Opelwerk in Rüsselsheim Wednesday, 09.05.2018 19:03 clock After a long dispute, the Car manufacturer Opel be Controversial severance program for the time… Continue reading PSA Group suspends controversial severance pay for the time being

Disrupted relationship

Expulsion or departure at your own request? The upcoming replacement of VW CEO Matthias Müller is puzzling. It seems certain that no one was really convinced. VW boss Matthias Müller Tuesday, 10.04.2018 20:20 For the shareholders of Volkswagen There was already enough to discuss at the upcoming Annual General Meeting on May 3: diesel bans,… Continue reading Disrupted relationship

Do VW customers now have the chance to get a new car?

The Hamburg district court has a VW dealer obliged to exchange a manipulated diesel car for a new car. The verdict is not yet final, but it could still help other victims. In a VW dealership (symbol image). Friday, 16.03.2018 16:24 Why is the verdict in Hamburg so spectacular? For the first time a German… Continue reading Do VW customers now have the chance to get a new car?

VW boss Herbert diess said before US authorities

US investigators have apparently interviewed VW boss Herbert Diess because of the diesel scandal. A direct connection with the US indictment Martin Winterkorns does not exist according to the news agency Reuters. VW boss Herbert Diess Tuesday, 08.05.2018 16:01 clock The new Volkswagen CEO Herbert Diess has testified according to information from group circles before… Continue reading VW boss Herbert diess said before US authorities

VW examines billions suit against winter grain

The US Justice has issued arrest warrants for Martin Winterkorn. But the former VW boss threaten not only criminal consequences – the Group also checks according to a media report financial claims against the ex-manager. Martin Winterkorn (archive) Saturday, 05.05.2018 18:26 For the former VW boss Martin Winterkorn The consequences of the diesel scandal are… Continue reading VW examines billions suit against winter grain

VW’s version of the single adversaries fizzles

The indictment of US justice against the former VW boss Martin Winterkorn contradicts the previous defense strategy of the car company. What did the then leadership know about diesel fraud? VW plant in Wolfsburg (archive) Friday, 04.05.2018 16:53 clock This Thursday should actually be a liberation for Volkswagen. The new CEO Herbert Diess promised his… Continue reading VW’s version of the single adversaries fizzles

Martin Winterkorn indicted in the US

Martin Winterkorn is said to be complicit in the VW emissions scandal: At least that’s what the US Department of Justice sees it – and accuses the former Volkswagen boss of complicity. Ex-VW boss Martin Winterkorn Thursday, 03.05.2018 22:11 clock The US Department of Justice accused Volkswagens former CEO Martin Winterkorn the complicity in the… Continue reading Martin Winterkorn indicted in the US