QUOTE AND NEWS
BBC News  Jul 7  Comment 
This is the first arrest in Germany related to Volkswagen's emissions-test cheating scandal.
Channel News Asia  Jul 7  Comment 
China's top quality watchdog has asked General Motors, Daimler's Mercedes-Benz and Volkswagen to fulfill their obligations to recall vehicles in China affected by faulty Takata air bags, it said in a statement.
Channel News Asia  Jul 6  Comment 
The U.S. Justice Department on Thursday said it has charged a former Audi manager with directing employees at the company, a division of Volkswagen AG, to design software to cheat U.S. emissions tests in thousands of Audi diesel cars.
Reuters  Jul 6  Comment 
Mining giant Glencore has signed a major deal to sell up to 20,000 tonnes of cobalt products to a Chinese firm, a move that in turn helps Volkswagen secure car batteries for its shift to electric vehicles, four sources said.
Channel News Asia  Jul 6  Comment 
Volkswagen is recalling 766,000 vehicles of its core passenger car brand worldwide for a software update to their braking control systems, a spokesman said.
The Economic Times  Jul 4  Comment 
Lespiaucq’s India stint began in May 2014. The company's replacement in India is likely to be announced within the next few months.
CNNMoney.com  Jul 4  Comment 
Volkswagen will sell cars in Iran for the first time in 17 years, taking advantage of the easing of sanctions.
Forbes  Jul 4  Comment 
Breaking up VW would almost double its stock market value, said Evercore ISI. In a report, Evercore ISI pointed to recent successful spinoffs like Ferrari, Volvo and Jaguar Land Rover as an example for VW shareholders.




 

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