38 Articles
Official
New CEO declares VW on right path despite profit hit

Investors think the worst of Dieselgate is behind them

Volkswagen's first-quarter operating profit fell on Thursday, but optimism over its new chief executive, the carmaker's financial health and lower provisions for the diesel emissions scandal lifted its shares.

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VW's warring stakeholders to hash out new strategy

Here's a rundown of the key players and issues Volkswagen faces

Volkswagen directors will meet on Thursday to discuss a far-reaching shake-up of its structure and leadership, in a test of unity for the car and truck maker's often divided management, labor chiefs and other stakeholders.

Report
Volkswagen reportedly naming VW brand chief Herbert Diess as new CEO

Stock rises on the news Matthias Mueller could be reassigned or out

BERLIN/HAMBURG — Volkswagen is seeking to replace Chief Executive Matthias Mueller with the head of its core VW brand, Herbert Diess, as part of a broader overhaul of its management structure to boost efficiency, two people familiar with the matter said. VW, still struggling to put its 2015 diesel emissions scandal behind it, said earlier on Tuesday it could replace Mueller as part of a management revamp. The shares jumped on the news and were up 4 percent at over 170 euros

Report
VW apologizes, again, for diesel scandal

Volkswagen brand chairman Herbert Diess is the latest VW executive to publicly apologize for the company's diesel scandal. He used a portion of his CES keynote to promise the company would fix things.

Official
BMW names new CEO, chairman and head of development

Big changes are afoot in the top ranks at BMW, as the Bavarian automaker has announced not just one, but several appointments in the top floors of its towering headquarters in Munich in what the company itself is referring as "a generational change" in its leadership.

Report
BMW exec says public chargers not important for EV success

What has BMW learned from years of electric vehicle test programs and working with Mini E drivers and the ActiveE Electronauts? According to BMW board member Herbert Diess, it's that public charging is not an important piece of the puzzle of making EVs a success. The way those early EV drivers Sebastian Blanco

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BMW's Herbert Diess: i3 plug-in launch is "revolutionizing," driving is "just great fun"

Just how hard is it to change direction in a BMW? While driving one of the company's vehicles, you'll find little disagreement that it can be easy, even quite pleasurable. But if you're trying to change the direction of the company itself – making the idea of driving fun play nice with fuel efficiency and plug-ins – well, then it's a bit more difficult. You need to take your time, Sebastian Blanco

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