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Matthias Mueller News
Volkswagen leaves door open on tie-up as VW brand struggles
Wed, Mar 15, 2017
But any tie-up would also likely mean thousands of job losses that unions and politicians in Italy and Germany would strongly oppose.
Tata Motors signs MoU with Volkswagen Group on joint production of cars
Fri, Mar 10, 2017
The document lays down the scope and objectives in order to reach agreement on the modalities and terms of a long-term cooperation in identified areas of partnership.
Porsche, Audi lift Volkswagen to record underlying profit
Sat, Feb 25, 2017
Sales of the German carmaker`s luxury brands lifted underlying operating profit before special items 14 percent to 14.6 billion euros ($15.5 billion) in 2016, after the company reported its biggest ever loss in 2015.
Volkswagen board to discuss brand overhaul on November 4
Thu, Nov 03, 2016
Volkswagen's supervisory board will hold an extraordinary meeting on Friday, November 4, to consult on a wide-ranging restructuring of the carmaker, two sources close to the board told Reuters on Wednesday.
Volkswagen still long way from drawing line under engine-rigging scandal
Wed, Jun 29, 2016
Financially, VW is on a solid footing, with annual sales of around 200 billion euros and a workforce of 600,000.
VW boss Matthias Mueller apologises to shareholders over emissions scandal
Wed, Jun 22, 2016
The stock has since recovered somewhat, but is still 26% below the levels before the scandal broke last September
Volkswagen CEO apologizes Barack Obama in person over emission scam
Thu, Apr 28, 2016
The scandal broke when the EPA took action against Volkswagen.
Despite loss due to emission scandal, top executives will be paid Rs 479 crore for 2015: Volkswagen
Thu, Apr 28, 2016
VW posted a loss of 1.6 billion euros for 2015 and set aside 16.2 billion euros to cover possible regulatory fines, lawsuits and recall costs so far resulting from the scandal.
Volkswagen will take $18 billion hit to 2015 results over emissions scandal
Sat, Apr 23, 2016
Volkswagen (VW) said on Friday the money it was setting aside to pay for the scandal would drive it to a 2015 net loss of 1.36 billion euros, the largest in its history and the first on an annual basis since 1993.