Automotive
When Oliver Blume ascends to the top job at German automaker Volkswagen in September, he will be faced with taming the challenges that led to the fall of his predecessor, Herbert Diess, last week.
Jul 26, 2022
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Automotive
German auto giant Volkswagen said on Thursday that it would bulk up its investment in electric vehicles and digitalisation to 89 billion euros ($101 billion) over the next five years.
Dec 9, 2021
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Automotive
Volkswagen's CEO has firmly rejected claims of planned job cuts at its flagship plant, with the auto giant instead unveiling plans for a new electric car factory to rival Tesla.
Nov 10, 2021
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Internet
Facebook unveiled fresh protections Wednesday against online attacks on journalists, activists and celebrities as the social media giant battles a crisis over its platforms' potential harms.
Oct 14, 2021
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Automotive
Former Volkswagen chief executive Martin Winterkorn will pay the auto giant a record mulimillion sum to settle a negligence claim surrounding the "Dieselgate" emissions scandal, informed sources said Sunday.
Jun 6, 2021
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Automotive
German auto giant Volkswagen said Friday it would seek unspecified damages from two former CEOs over the "dieselgate" emissions cheating scandal that has cost it tens of billions of euros.
Mar 26, 2021
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Automotive
Car giant Volkswagen's supervisory board on Monday announced a deal to end infighting over top jobs and strategy that risked toppling chief executive Herbert Diess, saying the boss's strategy had their "full support".
Dec 15, 2020
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Business
The founder and chief executive of scandal-hit Wirecard resigned on Friday after the German payments provider was hit with fresh fraud allegations that have left it struggling for survival.
Jun 19, 2020
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Business
Coronavirus-hit Lufthansa inched closer to securing a nine-billion-euro bailout from the German government after the airline's supervisory board approved the rescue plan on Monday.
Jun 1, 2020
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Business
Germany and the European Commission have reached agreement on a giant Berlin-funded rescue plan for coronavirus-hit Lufthansa, a Commission spokeswoman and a source close to the negotiations said Friday.
May 30, 2020
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