Repentant VW to expand compensation programme to larger vehicles

The auto major announced in November it was offering the compensation for 482,000 owners of 2009-2015 2.0-litre diesel cars. But it didn't extend the compensation to larger vehicles. Volkswagen AG......

New Volkswagen CEO warns staff of 'massive cutbacks'

It was the first admission that the emissions crisis, which has sent tremors through the broader auto industry, could lead to significant job cuts at the company. New Volkswagen Chief Executive......

Shareholder advisor has 'real doubts' over new Volkswagen management

Volkswagen faces paying out billions of dollars in fines and compensation after it admitted rigging tests on some of its diesel cars to make them appear cleaner. Shareholder advisory firm Hermes......

Volkswagen to start firings over emissions scandal, say sources

Volkswagen will start firing people responsible for rigging US emissions tests and shake up management on Friday, two sources familiar with the plans said, as the German carmaker tries to get to......