VW's diesel damages approach $24 billion, clouding 2016 profitFri, 24, Feb 2017
VW Group's provisions for the diesel scandal rose to 22.6 billion euros ($23.9 billion), as the company continues to tally damages from the worst business crisis in its history. The costs overshadowed improving business as operating profit rose to 14.6 billion euros, helped by record sales of Audi and Porsche cars.
Takata's guilty plea to be considered Monday by U.S. judgeSun, 26, Feb 2017
VW caps executive pay, tightens bonus eligibilityFri, 24, Feb 2017
VW said it is shaking up its executive pay with a cap on earnings as it looks to quell widespread anger over bonuses paid even as the carmaker suffered record losses in the aftermath of its emissions scandal.
Key Safety, Takata aim to reach deal by end of March, source saysFri, 24, Feb 2017
VW exec Schmidt pleads not guilty, but must stay behind bars, judge saysThu, 23, Feb 2017
Volkswagen executive Oliver Schmidt will remain behind bars as an extreme flight risk even after not-guilty pleas were entered on his behalf during his arraignment Thursday in U.S. District Court in Detroit.
Audi supervisory board backs CEO StadlerFri, 24, Feb 2017
VW board expected to support Audi's Stadler despite criticism over scandalThu, 23, Feb 2017
Audi CEO Rupert Stadler is expected to win the backing of top officials at the carmaker and parent company Volkswagen Group this week, despite criticism of his handling of the group's emissions scandal, two sources close to the matter said.
German lawmakers call for inquiry into VW compliance chief exitWed, 22, Feb 2017
Lawmakers from Volkswagen's home region called on Wednesday for an inquiry into the sudden departure of the German carmaker's compliance chief last month, saying they were concerned the supervisory board was not overseeing the business effectively.
German court bars discussion of emissions documents in Audi caseWed, 22, Feb 2017
Takata ranks last in reputation among 100 most-visible companies in U.S.Tue, 21, Feb 2017
Troubled airbag supplier Takata took last place on a list ranking the reputations of the 100 most-visible companies in the U.S., landing in the “critical” score category, the Harris Poll said Tuesday.
Audi fires 4 engineers from diesel divisionMon, 20, Feb 2017
Audi, which has been caught up in parent VW Group's emissions-cheating scandal, has fired four engineers from its diesel division. The dismissed engineers include the automaker's engine development chief and a former head of emissions in the U.S., a report said.
VW CEO slams infighting as spat escalates over worker agreementMon, 13, Feb 2017
VW Group CEO Matthias Mueller sought to calm nerves at the automaker as festering disputes with labor leaders and allegations from former Chairman Ferdinand Piech threatened to disrupt efforts to overcome its diesel-cheating scandal.