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VW starts work on 5th plant in China despite economic slowdown

Aug. 9, 2015 06:01 CET

Volkswagen is pushing ahead with expansion of its manufacturing capacity in China despite the recent slowdown in vehicle sales. Construction work has started on a plant in the east China port city of Qingdao....
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VW board members came close to demanding Piech's resignation, paper says

April 18, 2015 22:33 CET

Senior members of Volkswagen's supervisory board were prepared to demand Chairman Ferdinand Piech's resignation had he not agreed to a statement backing CEO Martin Winterkorn, a German newspaper reported. Piech had initially resisted pressure from other board members to back Winterkorn during an emergency meeting....
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