VW CEO counts on diplomacy to ease trade spat with U.S.

Volkswagen CEO Herbert Diess is hopeful that diplomacy can help defuse trade tensions with the United States, which is exploring putting tariffs on auto imports.


Russia ties stall Wolf's entry on to Porsche board

The United States' economic sanctions imposed on Russia will postpone former Magna International boss Siegfried Wolf from joining Porsche SE's supervisory board. Wolf cited risks related to his role as chairman of Russian van maker and contract manufacturer GAZ.

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