N The board of the Volkswagen Group usually meets on Tuesdays. When he met again on Wednesday for an unscheduled meeting, it was already apparent to initiates that there had to be a significant issue. How significant – this was soon after the stock market closed, when the company announced in a mandatory statement to… Continue reading The diesel scandal comes at a high price for Volkswagen
Tag: VW
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
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
Auto industry makes Trump a “peace offer”
D he German automakers are trying to avert a trade war with America by proposing to completely abolish tariffs on cars in trade between Europe and America. Richard Grenell, American ambassador to Germany, traveled to Washington this Wednesday with this “peace offer” from the auto industry “Wall Street Journal” , Grenell have on their own… Continue reading Auto industry makes Trump a “peace offer”
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
And what do the customers have from it?
D he prosecution has Braunschweig Volkswagen in the diesel affair fined a total of one billion euros. It has been detected for some time, now see the prosecutor “breach of duty” in the Group occupied. In the United States VW had already had to pay billions of penalties for the diesel affair. And there were… Continue reading And what do the customers have from it?
“It’s not just about a department of Volkswagen”
D he public prosecutor Braunschweig sees the responsibility for the Volkswagen diesel scandal in the enterprise management and not only in a department located. “It was not just about a department of the company, it’s about the VW AG Overall, “said senior prosecutor Klaus Ziehe. Volkswagen had explained in its interpretation of the fine decision… Continue reading “It’s not just about a department of Volkswagen”
“Pope Lamborghini” auctioned for 715,000 euros
The Pope in November 2017 with the CEO of Lamborghini – and a Lamborghini Picture: dpa More than twice as much as money was hoped for was taken with a 580-hp sports car, the manufacturer had given to the Pope. Much of it is to help victims of the “Islamic state”. D he Lamborghini ,… Continue reading “Pope Lamborghini” auctioned for 715,000 euros
70 percent upside potential for VW
D The diesel crisis is not over yet, but the Volkswagen Group does not seem to be much connected with analysts. A new study now sees a price potential of almost 70 percent of the automotive share and is primarily targeting a group division. The renowned car analyst Jürgen Pieper has raised the price target… Continue reading 70 percent upside potential for VW