Martin Winterkorn, the Volkswagen CEO who resigned over revelations that the car maker had deliberately cheated on emissions tests, is to give up his other powerful roles in the group.
German police raided auto giant Volkswagen's headquarters and other sites Thursday, as part of an investigation into a massive pollution-cheating scandal engulfing the group.
The new chief of scandal-hit Volkswagen braced his workforce for tough times ahead on Tuesday, admitting that billions laid aside for fines and damages arising from a massive pollution cheating scam will not be enough.
In a study of the world's most valuable brands, ten German titles placed in the top 100. But without Volkswagen getting itself into hot water over emissions cheating the result could have been even better.
Volkswagen named a new chairman, Hans Dieter Pötsch, on Thursday, who with CEO Matthias Müller will have the tough job of leading the company through the months of recovery from its emissions cheating scandal.
German prosecutors said Thursday that they had not launched a formal inquiry against Martin Winterkorn, the former chief executive of auto giant Volkswagen, contrary to what they originally stated this week.
Volkswagen on Tuesday revealed more details about the vehicles fitted with pollution-cheating software as the German auto giant's new chief promised a grand plan of action to resolve the "severest test in (the company's) history".
Renowned Swedish scientist and environmental campaigner Per Kågeson has spoken about a warning he made almost two decades ago, regarding car makers rigging emissions tests.
The Volkswagen emissions cheating scandal has raised serious questions about the viability of diesel as a clean energy source. Could this be the chance to dominate Germany that electric cars have been waiting for?
Millions of cars manufactured by Volkswagen's luxury subsidiary Audi were also fitted with engines containing software enabling them to cheat regulators' emissions tests, media reported on Monday.
Volkswagen ignored warnings from staff and a supplier years ago that the emission test rigging software that sparked the company's worst ever corporate scandal was illegal, news reports said on Sunday
The EU has decided to change its diesel car emission tests to prevent the sort of rigging used by German auto giant Volkswagen after discrepancies in the results, EU sources said.
Swiss authorities said on Friday they had temporarily banned the sale of new Volkswagen brand diesel-engine models potentially equipped with software capable of tricking environmental tests.
Embattled German carmaker Volkswagen named Matthias Müller, head of its luxury sports car brand Porsche, as its new chief executive on Friday, tasked with steering it out of the wreckage of its pollution test rigging scandal.
Almost three million Volkswagen diesel cars included software that allowed them to foil regulators' emissions tests, the German government said on Friday.
There have been plenty of jokes about Volkswagen's origins in the Nazi era after news of its dodging emissions standards broke. But less well known is the role a British officer played in saving the company directly after the Second World War.
From the local museum to the main football stadium to the theme park down the road, everything in the German town of Wolfsburg has something of Volkswagen.
Porsche CEO Matthias Müller has been chosen to become the new leader of Volkswagen amid the company's ongoing emissions cheating scandal, Reuters reported on Thursday.
Martin Winterkorn who stepped down as CEO of Volkswagen on Wednesday could receive a €60 million golden handshake from the scandal-hit car manufacturer.
UPDATE: As the emissions scandal spreads across the Volkswagen (VW) group, the company admitted that cars in Europe also cheated on tests. Executives from Audi and Porsche - both owned by VW - are to stand down from their jobs on Friday.
Update: German top-of-the-range carmaker BMW on Thursday denied suggestions in a newspaper report that it might have cheated in pollution tests on its diesel cars, as rival group VW has admitted to doing.
The pollution cheating scandal that has engulfed auto giant Volkswagen touches one of the main nerve centres of the German economy, given the importance of the car sector both politically and economically.
Volkswagen CEO Martin Winterkorn quit on Wednesday afternoon after coming under intense pressure over a pollution cheating scandal that has sparked a US criminal investigation and worldwide legal action.
The opposition Green Party claimed on Tuesday evening that the German government admitted to knowing about Volkswagen's emissions cheating software in July - and did nothing about it.
