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Tag: volkswagen
Volkswagen slumps to first quarterly loss in 15 years
2015-10-28 12:46:03| Auto Dealers - Topix.net
The news came as the carmaker's new CEO was about to fly out to China with German Chancellor Angela Merkel and other business leaders to promote trade in a major export market and try to limit the damage of a scandal that has rocked the auto industry. Almost six weeks after it admitted using illegal software to cheat U.S. diesel emissions tests, Europe's biggest carmaker is under pressure to identify those responsible, fix up to 11 million affected vehicles and convince regulators, investors and customers that it won't make the same mistakes again.
Tags: years
loss
quarterly
volkswagen
Volkswagen Apologizes for Emissions Scandal at Auto Show
2015-10-28 09:54:11| Automakers - Topix.net
A top Volkswagen executive Herbert Diess apologized at the Tokyo auto show Wednesday for the automaker's emissions-cheating scandal, promising to win back customer trust, and said it will delay the launch of a diesel vehicle in Japan . The head of VW's Japan division Sven Stein, who appeared at the VW booth before Diess, bowed for several seconds in a Japanese style of apology.
Tags: show
auto
volkswagen
emissions
Volkswagen Group brings in new Head of Group Strategy from GM
2015-10-26 15:55:28| Green Car Congress
Tags: group
head
strategy
brings
Scandal-hit Volkswagen hires Opel exec as strategy chief
2015-10-26 15:10:14| Automakers - Topix.net
Volkswagen AG is hiring a top strategy executive from competitor Opel as it seeks to recover from a scandal over its cheating on U.S. diesel emissions tests. Taking on Thomas Sedran as Volkswagen's new chief of corporate strategy brings another outside voice to the company as it re-examines its culture in the wake of the scandal.
Tags: chief
strategy
volkswagen
opel
Volkswagen Loses Global Sales Lead to Toyota Amid Diesel Scandal
2015-10-26 11:16:58| Auto Dealers - Topix.net
Volkswagen AG lost the lead in global auto sales to Toyota Motor Corp. after claiming the No. 1 spot three months ago, as the German carmaker braces for consumer blowback from a widening emissions-cheating scandal.
Tags: sales
global
lead
toyota
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