On Friday, Handelsblatt reported VW also plans to halt production for a week next month of the Golf
Hinrich Woebcken, head of Volkswagen of America, has said that the company will ramp up its electrification strategy and that there are no plans to replace the Beetle
Volkswagen shares lost up to 37% of their value in the days after authorities exposed illegal levels of pollution emitted from VW diesel cars
Volkswagen raked in record sales and revenue last year despite wrestling with the fallout from its diesel-emissions crisis
Ralf Brandstaetter joined the VW brand's management board as head of procurement in December 2015
Under its India 2.0 plan, the group will develop and manufacture cars to meet the requirements of the region
The green panel noted that the company has recalled only 64% of cars as undertaken by it and 36% of the polluting vehicles were still on roads
Auto major reboots India operations, it will produce new series of cars and make fresh investment in the market
The fine is one of the biggest ever penalties imposed by German authorities against a company.
A planned alliance with Tata announced last year was aimed at achieving cost savings and technical synergies but was scrapped in five months.
A renowned cost-cutter, Diess took over from Matthias Mueller on Thursday
The supervisory board would seek to bring works council executive Gunnar Kilian onto the company's management board to try to secure backing for Diess and his plans, said sources
Worldwide sales of the group's cars, trucks and buses jumped 4.3 per cent to 10.7 million vehicles in 2017
Proposals by European Commission for progressive cuts in carmakers' average carbon dioxide emissions by 2025 and 2030 will cause us real pain, says Volkswagen CEO
The German automaker has agreed to spend $800 million in California
The raid was related to suspicions of overpayments for works council chief Bernd Osterloh, the spokesman said. Osterloh's office was also searched
Volkswagen in July said that an initial public offering of its trucks business had no priority at the moment
Volkswagen is struggling to put the two-year-old "Dieselgate" scandal behind it, and working to transform itself to mass-market electric cars
Shares in the German carmaker fell as much as 3% on Friday
After cooperation talks with India's Tata Motors failed