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Gulf Independent - Volkswagen
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Volkswagen to cut 30,000 jobs at VW brand by 2020 ECONOMY

Volkswagen to cut 30,000 jobs at VW brand by 2020

Volkswagen and its powerful labour unions agreed to cut 30,000 jobs at the core VW brand in exchange for avoiding forced redundancies in Germany until 2025.

4:45 AM November 25 2016
VW emissions scandal deepens as prosecutors probe chairman INTERNATIONAL

VW emissions scandal deepens as prosecutors probe chairman

German prosecutors have widened a probe into suspected market manipulation by managers at Volkswagen to include the carmaker's supervisory board Chairman Hans Dieter Poetsch, VW said on Sunday.

4:45 AM November 25 2016
VW to explore new green car venture with China's JAC Motor INTERNATIONAL

VW to explore new green car venture with China's JAC Motor

Volkswagen AG signed a preliminary deal with China's Anhui Jianghuai Automobile (JAC Motor) to explore making electric and hybrid cars in a new joint venture, the Chinese automaker said on Wednesday.

4:45 AM November 25 2016
VW says cuts 28,000 workers' hours over supply woes INTERNATIONAL

VW says cuts 28,000 workers' hours over supply woes

German auto giant Volkswagen said on Monday it would halt production at six plants for several days as a legal dispute with two key suppliers deepened.

4:45 AM November 25 2016
Volkswagen agrees to $14.7bn US emissions settlement INTERNATIONAL

Volkswagen agrees to $14.7bn US emissions settlement

Volkswagen has agreed to pay out $14.7 billion in a US settlement over its emissions-cheating diesel-powered cars, pledging to buy back or fix cars that tricked pollution tests ...

4:45 AM November 25 2016
VW outlines new strategy as it seeks to emerge from emissions scandal ECONOMY

VW outlines new strategy as it seeks to emerge from emissions scandal

Reeling after months of scandal and stock market losses, German carmaker Volkswagen laid out a plan Friday its chief executive says will put the company on the right path.

4:45 AM November 25 2016
Volkswagen says Hessa al-Jaber to join supervisory board ECONOMY

Volkswagen says Hessa al-Jaber to join supervisory board

Volkswagen said engineer Hessa al-Jaber would replace Akbar al-Baker as Qatar's representative on the carmaker's supervisory board, allowing it to meet a legal quota for women board members.

4:45 AM November 25 2016
Investors sue VW in Germany for more than 3bn euros INTERNATIONAL

Investors sue VW in Germany for more than 3bn euros

A group of 278 institutional investors from Germany and abroad is suing embattled auto giant Volkswagen for more than 3.0 billion euros ($3.3 billion) in damages over the emissions-cheating scandal ...

4:45 AM November 25 2016
German prosecutors say 17 suspects now targeted in VW emissions probe INTERNATIONAL

German prosecutors say 17 suspects now targeted in VW emissions probe

German prosecutors looking into the massive emissions-cheating scandal at auto giant Volkswagen said Tuesday that the number of suspects under investigation had increased from six to 17.

4:45 AM November 25 2016
VW says global sales climb, worsen in US ECONOMY

VW says global sales climb, worsen in US

German automaker Volkswagen said global sales of all its brands rose by 3.7% in January compared to the same month last year, although they worsened in the US.

4:45 AM November 25 2016
VW chief apologizes over emissions scandal on first US trip ECONOMY

VW chief apologizes over emissions scandal on first US trip

Volkswagen chief executive Matthias Mueller on Sunday apologized for cheating diesel car emissions tests on his first official US visit since the scandal broke in September.

4:45 AM November 25 2016