VW Group's supervisory board will discuss an investigation by German prosecutors into Audi CEO Rupert Stadler, as the automaker weighs how to tackle the latest fallout from its emissions scandal, Reuters reported.
Former VW Group chief Martin Winterkorn and the CEOs of Audi and Bosch have been asked to testify before a German court in connection with a lawsuit seeking damages from the automaker over its emissions-cheating scandal, a report said.
Volkswagen's top managers must commit to faster decision-making and working more closely together to push the company firmly beyond a diesel-emissions scandal and maintain its industry leadership amid wrenching technological change, CEO Herbert Diess told 400 top managers.
VW plans to shut down production at its Wolfsburg, Germany, factory during September because of the switch to WLTP emissions-testing standards. VW builds the Golf, Tiguan and Touran models in the plant.
Audi introduced the production version of its new crossover, the Audi Q8, during a brand summit in Shenzen, China, featuring a suite of new technology features, with plans for an autonomous parking system.
Automakers such as Aston Martin and McLaren are increasingly launching hypercars, which help them raise the profile of their brands. Limited production runs sell out before the cars are even built, despite multi-million euro price tags.
The latest issue of the Automotive News Europe monthly magazine is ready to view. The new edition examines how ultraluxury automakers such as Aston Martin, McLaren and Ferrari have found a way to build and sell hypercars at a hefty profit. Something that was not always the case.
The Volkswagen brand's U.S. sales rose 4 percent in May, powered by new and redesigned crossovers. Audi deliveries inched higher, fueled by sales of the A4 sedan and Q5 crossover, extending the luxury brand's streak of year-over-year sales gains to 103 months.