Herbert Diess surprisingly relinquishes leadership of the VW brand top. Before that, there appear to be major conflicts between him and the Supervisory Board. The Volkswagen boss is now backed by the majority owners – combined with an appeal. Despite handing over the top of the VW brand and the allegations to the Supervisory Board, … Read more
Wolfsburg VW CEO Herbert Diess hands over the management of the core brand to the previous co-managing director Ralf Brandstätter. The supervisory board of the world’s largest car maker announced on Monday evening after an extraordinary meeting in Wolfsburg. Diess, who as chairman of the brand board was also responsible for the division with the … Read more
The scrappage bonus helps the auto industry through and out of the financial crisis. Now there are calls for government support for the automotive industry. VW boss Diess speaks in favor of an auto “stimulus package”. Volkswagen calls for government investments in favor of the auto industry. “We urgently need an economic stimulus package for … Read more
Tuesday, January 14, 2020 – Lawsuits have already been filed against the VW managers responsible for the exhaust gas manipulation, and the public prosecutor is now opening proceedings against other employees. You may have been directly or indirectly involved in the development of the fraud software. The Braunschweig public prosecutor has charged Volkswagen employees with … Read more