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Volkswagen

Volkswagen to cut output
Local German Business News In English

German auto giant Volkswagen will cut output to deal with effects of the financial and economic crises but denied Friday that it would eliminate 25,000 jobs and confirmed its 2008 sales targets.
Source: The Local: Money

Volkswagen

VW agrees to kick the 'Crackberry' habit

Carmaker Volkswagen will deactivate emails on German staff BlackBerry devices out of office hours to give them a break. Ref. Source 6

Volkswagen History & Civil Business Politics

Volkswagen likely to outsell GM in China

It will be close, but a sales win by VW would end nine years of GM dominance Ref. Source 1

Volkswagen

EPA accuses Volkswagen of evading emission laws and potentially exposing people to harmful pollutants

Carmaker allegedly installed software on about 482,000 cars to evade Clean Air Act regulations. Ref. USAToday

Volkswagen

Volkswagen CEO Martin Winterkorn resigned Wednesday as a growing scandal over falsified emissions tests rocked the world's biggest carmaker.

"I am doing this in the interests of the company even though I am not aware of any wrongdoing on my part," Winterkorn said in a statement after an emergency meeting with Volkswagen directors.

He said he was stunned by the scale of the misconduct and was accepting responsibility to clear the way for a "Fresh start" For the company. Ref. CNN

Volkswagen

Fresh start? Between the recalls, the government fines, and the class actions suits from owners, VW will be luck to survive let alone have a Fresh Start.

I have read estimates of the company's liability as 11 BILLION dollars over this.

Volkswagen

How uni kids exposed a $77bn lie

IT WAS just another uni project. But what these students found exposed a global disgrace that could destroy a corporate giant. Ref. Source 8a

Volkswagen Politics Business Civil & History

Porsche's Matthias Mueller named Volkswagen CEO

Matthias Mueller will replace Martin Winterkorn as CEO at Volkswagen after Winterkorn resigned this week amid the automaker's emissions cheating scandal. Ref. USAToday