Volkswagen names new boss to steer sweeping overhaul
Herbert Diess will lead strategy simplification of Germany’s biggest car company
Herbert Diess will lead strategy simplification of Germany’s biggest car company
Markets boosted by Chinese promise to open economy further and lower import tariffs
Toyota move to end diesel car production for Europe overshadows opening day of show
Oliver Schmidt was also fined $400,000 for his role in Volkswagen’s diesel emissions scandal
VW vows to spend €20bn developing electric versions of all 300 models in its line-up
Carmaker had initially pledged to inform shareholders about the settlement
VW group CEO Matthias Mueller says acquisitions and partnerships not ruled out
Former chairman claims he warned VW’s supervisory board of scandal involving diesel engines in March 2015
Volkwagen is paying out billions in the US while playing hardball in Europe
Motor company is to bring to an end the most successful Le Mans racing operation in modern history, shifting its motorsport focus to the burgeoning Formula E category
Settlement in California covers owners of 475,000 polluting vehicles
First-half operating profit at VW plunges more than one-third to €900m
European car owners will not receive payouts on the scale of the €15 bn package agreed in US
Claim VW could have disclosed potential damage from emissions cheating earlier
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