Continental eyes takeover deals in tire businessWed, 21, Sep 2016
Continental is pondering takeover deals to strengthen its tire business as part of its expansion strategy.
Bosch teams up with SAP on Internet of ThingsWed, 21, Sep 2016
Europe's biggest software firm SAP and German car parts maker Robert Bosch have signed an agreement to partner to connect everything from screwdrivers to cars to the Internet.
VW investors seek $9 billion in damages over emissions scandalWed, 21, Sep 2016
Volkswagen Group is facing claims for 8.2 billion euros ($9.14 billion) in damages in the legal district where the automaker is based. The company is being sued by investors who are angry at the drop in VW's stock price following the disclosure that the carmaker rigged U.S. diesel tests.
VW has no plans for trucks unit IPO before 2019, report saysTue, 20, Sep 2016
VW Group has no plans for a public listing of its trucks business until 2019, a German magazine reported on Tuesday, citing senior managers at the carmaker. Some analyst had speculated that VW might sell or float its truck operations to help raise funds as the carmaker is pushing to become a global force in trucks.
Haldex picks ZF's $647 million bid over higher Knorr-Bremse offerMon, 19, Sep 2016
Swedish braking systems maker Haldex has backed a 5.53 billion crowns ($647 million) takeover offer from German car parts firm ZF Friedrichshafen, even though it is less than a rival bid from Germany's Knorr-Bremse.
VW being sued by BlackRock as more investors, governments take legal actionFri, 16, Sep 2016
BlackRock, the world's largest money manager, is joining a growing list of investors and governments lining up to sue Volkswagen AG almost a year after the German carmaker admitted to duping emissions tests for as many as 11 million diesel cars.
VW sets up cybersecurity firm with ex-Israeli spy chiefWed, 14, Sep 2016
Volkswagen is forming a company with the former head of Israel's Shin Bet intelligence agency to develop cybersecurity systems for Internet-connected cars and self-driving vehicles, the partners said in a statement today.
Imaginary VW deadline prompts flood of investor lawsuits in GermanyWed, 14, Sep 2016
Volkswagen Group investors are rushing to file more lawsuits in Germany to meet a deadline that lawyers say may be imaginary. Shareholders who want to sue are concerned that Sept. 19, the first business day after the one-year anniversary of VW's admission of cheating, may be the deadline to file.
VW CFO's task: Fund innovation while taking a $20 billion hitMon, 12, Sep 2016
As CFO, it falls to Frank Witter to figure out how to fund the innovation needed to succeed in a rapidly changing auto market -- electric vehicles, driverless technology and ride-sharing services -- while digesting an unprecedented 18 billion euro hit ($20 billion) from fines and other costs related to the scandal. That means enforcing much stricter financial discipline on an organization accustomed to unbridled spending and engineering excess.
VW's Mueller says he cannot rule out further production delaysWed, 07, Sep 2016
Volkswagen Group CEO Matthias Mueller said he cannot rule out further production delays due to problems with single suppliers. Last month a dispute with Bosnia's Prevent Group halted output of the Golf and Passat models in Germany.
Germany requests EU mediation in Fiat emissions disputeSat, 03, Sep 2016
The European Commission said Germany requested that it mediate a dispute with Italy over whether Fiat Chrysler's vehicles breached emissions rules.
VW CEO expects turnaround to start bearing fruit in 2-3 yearsTue, 30, Aug 2016
Volkswagen AG CEO Matthias Mueller is pushing forward with a technological and organizational revamp of Europe's largest carmaker despite internal opposition and expects his efforts to begin bearing fruit in two to three years.