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
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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
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
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.
Daimler in stand-by mode
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Diesel is thicker than water
A Supervisory Boards control the management. That’s what the Stock Corporation Act says. at Volkswagen In addition, the company’s supreme inspectors have a special obligation to the public to educate millions of duped buyers of diesel cars about the background of the exhaust gas scandal and to find out and name those responsible. The Supervisory… Continue reading Diesel is thicker than water
Better lawsuit opportunities for VW buyers
D The model declaration suit is referred to by some consumer advocates and lawyers as the “Lex Volkswagen”. According to the request of Federal Minister of Justice Katharina Barley (SPD), it should be useful for up to two million Volkswagen customers, whose claims expire at the end of 2018. Even before the entry into force… Continue reading Better lawsuit opportunities for VW buyers
Because: diesel crisis will occupy VW for years
Looks skeptical on VW: Stephan Weil, head of government of Volkswagen’s second largest shareholder, the state of Lower Saxony. Picture: dpa When Volkswagen had to pay a billion penalty, hoped in Wolfsburg, the processing of the diesel affair nearing an end. Shareholder Niedersachsen does not see that coming yet. D he exhaust scandal will Volkswagen… Continue reading Because: diesel crisis will occupy VW for years
A favorite of Ferdinand
H at Rupert Stadler telephoned Ferdinand Piëch after the raid last week? It would be conceivable: The silent become former VW Patriarch was after all the great mentor of Stadler been – so far still a potential advisor for difficult life situations. Conversely, the appreciation was appreciably large. Although Stadler was not an engineer, but… Continue reading A favorite of Ferdinand