After the awkward auto show apologies of the past year, Volkswagen executives are looking forward to a rosy time in the near future after the brand stabilizes itself.
Those “good times” will return, according to global brand chief Herbert Diess, but not before three to four years of rough slogging. In a Bloomberg TV interview from the Paris Auto Show, Diess mulled adding new models to its U.S. lineup. (Read More…)
After German media reported his suspension last week, Audi announced today technical development boss Stefan Knirsch is stepping down and leaving the automaker.
The executive, who sat on Audi’s management board, found himself caught up in the investigation surrounding Volkswagen’s diesel emissions scandal. Meanwhile, a German newspaper claims that newly discovered documents show ex-Volkswagen CEO Martin Winterkorn mislead U.S. authorities before the scandal broke. (Read More…)
It’s not the podium an automaker wants to find itself on top of.
After marking the first anniversary of its emissions debacle, former “clean diesel” builder Volkswagen finds itself staring down the barrel of $9.15 billion in investor lawsuits, the Wall Street Journal reports.
When it comes to being sued by investors, no German company can match Volkswagen’s performance. (Read More…)
The Volkswagen Vanagon has a global cult following, for reasons I have never understood, and the Westfalia camper version is an object of heavy-duty veneration among Vanagon zealots. You hear about the crazy prices that any Westfalia Vanagon will fetch … but it turns out that most serious Volkswagen fanatics are too cheap to pay the prices they quote so knowledgeably. So, rough examples of the Vanagon show up often at cheap self-service wrecking yards.
Here’s an ’82 that I found last week in the Denver area. (Read More…)
A criminal charge has been laid in the U.S. Justice Department’s probe into the Volkswagen diesel emissions scandal.
A Volkswagen engineer pleaded guilty to conspiracy charges in a U.S. District Court in Detroit today, Reuters reports. (Read More…)
Faced with the option of waiting to see if their cars can be fixed or accepting a hefty cash payout, diesel Volkswagen owners are opting to take the money and run.
Once-fierce loyalty to the dirty “clean diesels” seems to have evaporated, as most owners who’ve registered for the settlement want the automaker to buy back their car, Automotive News reports. (Read More…)
Former Volkswagen chairman Ferdinand Piëch resigned his position a month after questioning and failing to get answers from ex-CEO Martin Winterkorn about the company’s defeat devices, an internal probe revealed.
The finding from the investigation by U.S. law firm Jones Day was published in the German newspaper Bild am Sonntag, Bloomberg reports, shedding light on the power struggle that preceded the diesel emissions scandal. (Read More…)
America’s Volkswagen dealers took the brunt of the automaker’s diesel emissions scandal, but a cash payout designed to ease their troubles is on the way.
Lawyers for the dealers, who were once poised to revolt against their employer, announced a tentative settlement deal with the automaker today, Reuters reports. (Read More…)
A grownup game of keep-away is taking place in Germany, and Volkswagen is the kid without the ball.
Work stoppages are looming or already occurring at four of the automaker’s plants after a supplier dispute left Volkswagen without key transmission and seat parts. With the costly fallout of its emissions scandal top of mind, the automaker plans to waltz into the supplier’s factories and take what it needs, Automotive News Europe reports. (Read More…)
The powers that be at Volkswagen aren’t big fans of the Pokémon Go app. While most people think of it as a fun and nerdy augmented reality game, the automaker’s executives see it as a one-way ticket to industrial espionage.
Because of this, Volkswagen’s 70,000 employees are forbidden from installing the app on their company phones, according to the German publication Bild (via Carscoops). (Read More…)