I n the diesel affair has the prosecutor Braunschweig a fine over one billion euros against Volkswagen imposed. “Volkswagen accepts the fine and is thus committed to its responsibility,” said Volkswagen AG on Wednesday. According to the results of the investigations of the prosecutor’s office, it had come to “breaches of supervision in the department… Continue reading Volkswagen has to pay a billion euros fine
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VW redistributes responsibility in the Group
V olkswagen CEO Herbert Diess will divide responsibility within the Group for the world regions in the future for his brands. In the future, one leading brand will take over group-wide control of a clearly defined world region, said Volkswagen on Friday in Wolfsburg. Decisions could be made more decentralized. “We’re giving the responsibility over… Continue reading VW redistributes responsibility in the Group
Where to go with our cars?
D he is American president Donald Trump can not decide. First he sets the import duties for steel and aluminum on ice, just to announce tariffs on imported cars shortly thereafter , The share prices of German automakers are on the stock market, industrial and commercial agents groan, even speak of an “economic disaster”. But… Continue reading Where to go with our cars?
Shouting slap
D he Daimler CEO Dieter Zetsche has been wearing a mantra for almost three years. Shortly after the announcement of the VW diesel scandal Zetsche had said his company does not manipulate and do not cheat. Since Monday evening, such statements are in a completely different light. Daimler Must call back three-quarters of a million… Continue reading Shouting slap
The electric car does not come alone
M sometimes things just take a bit longer. Electromobility is an example. The topic has been going through the railroad for decades. But in road-bound traffic – that lasts. Now it seems that the electric car will prevail, at least in the medium term, and slowly, but steadily, the electric (city) bus sneaks into public… Continue reading The electric car does not come alone
VW Truck & Bus will soon be called Traton
D In the future, the commercial vehicle group in the Volkswagen Group wants to operate under the name Traton Group instead of “Volkswagen Truck & Bus”. The new name is an important milestone on the way to a leading global market position, said CEO Andreas Renschler on Wednesday. Under the roof of the Traton Group,… Continue reading VW Truck & Bus will soon be called Traton
Prosecutor sees overall responsibility for diesel fraud VW
Prosecutor sees overall responsibility for diesel fraud at VW exhaust scandal Prosecutor sees overall responsibility for diesel fraud at VW From Braunschweig’s chief prosecutor Klaus Ziehe said that Volkswagen AG as a whole has a duty and not just a department. The first procedure has already been completed.
Who owns the VW billion?
D The federal states are divided over the distribution of the billion-dollar fine that the Volkswagen Group has paid to Lower Saxony for the diesel scandal. While the finance ministers of the states of Hesse, Schleswig-Holstein and Brandenburg endorse a nationwide distribution, Bavaria and Hamburg reject this. Of course everyone has additional resources available. But… Continue reading Who owns the VW billion?
Investors sell car values and Beiersdorf
S The high level of losses on automotive stocks and Beiersdorf shares pushed the German stock market down sharply on Thursday. The F.A.Z. Index, which is 100 times broader in the market, yields 0.92 percent to 2450 points. The default Dax index yielded 0.85 percent to 12,587 points. The prices also fell in New York.… Continue reading Investors sell car values and Beiersdorf
Questions about Stadler’s role in the exhaust gas scandal
e In its own agenda item “Rupert Stadler” does not exist at the meeting of the supervisory board of Volkswagen on Monday. The pressure on the Audi boss at the weekend but after media reports of investigations against him in the United States because of the manipulation of diesel vehicles has become so large that… Continue reading Questions about Stadler’s role in the exhaust gas scandal