Germany's financial watchdog is investigating whether Volkswagen illegally disclosed information about emissions violations to third parties, adding to the company's legal headaches more than two years after the scandal broke
Continental expects "strong" profit and sales in the fourth quarter as carmakers' accelerating embrace of electric and self-driving technologies boost orders at the company's core automotive business.
Ferdinand Piech, the driving force behind Volkswagen and Audi for decades, is cutting all ties to the company he considered to be more important than his own family. He will resign from the board of VW Group's parent, Porsche SE, on Dec. 8.
Volkswagen of America named a California advertising agency executive as vice president of marketing. Jim Zabel, managing director of Omni Advertising in Los Angeles and a former account manager for the Hyundai and Honda brands, will start Nov. 27.