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Volkswagen dumps jailed Audi CEO

Volkswagen has severed ties with suspended Audi CEO Rupert Stadler, who has been jailed since June in connection with an emissions investigation......»»

Category: topSource: cnnOct 4th, 2018

Volkswagen dumps jailed Audi CEO

Volkswagen has severed ties with suspended Audi CEO Rupert Stadler, who has been jailed since June in connection with an emissions investigation......»»

Category: topSource: cnnOct 4th, 2018

Jailed Audi CEO Steps Aside While He Tries to Clear His Name - Wall Street Journal

Wall Street JournalJailed Audi CEO Steps Aside While He Tries to Clear His NameWall Street JournalBERLIN—Volkswagen AG on Tuesda.....»»

Category: topSource: googlenewsJun 19th, 2018

Jailed Audi CEO Steps Aside While He Tries to Clear His Name

Volkswagen said the chief executive of its luxury brand Audi, jailed in a probe into the car maker’s diesel-emissions cheating scandal, has stepped aside pending clarification of the issues that led to his arrest......»»

Category: smallbizSource: wsjJun 19th, 2018

Jailed Audi CEO Rupert Stadler fired as Volkswagen grapples with scandal fallout

Audi CEO Rupert Stadler is leaving the Volkswagen luxury brand after he was jailed in Germany on suspicion of involvement in the VW emission.....»»

Category: topSource: usatodayOct 2nd, 2018

Volkswagen recalls Audi A3s in the US over air bag concerns

The recall is expected to affect 153,152 Audi A3 cars built between 2015 and 2020, including the Sedan, Etron and Cabriolet models, as well as certain S3 Sedans......»»

Category: topSource: foxnewsMar 27th, 2021

Audi"s 2020 outlook "significantly below" last year amid coronavirus

Audi , a unit of Volkswagen , said on Thursday it saw deliveries, revenue and operating profit "significantly below" last year as the coronavirus outbreak plays out......»»

Category: topSource: reutersApr 30th, 2020

Audi"s Hungarian plant to halt production on Monday

Volkswagen Group's Audi brand will halt output at its plant in Hungary on Monday, the factory said, after Volkswagen announced a suspension of production at plants in Italy, Portugal, Slovakia and Spain......»»

Category: topSource: reutersMar 17th, 2020

Monthly sales reports fall even further by the wayside in the car industry as Volkswagen, Audi join the movement to quarterly reporting

Carsten Koall/Getty Images Volkswagen and Audi will begin repo.....»»

Category: topSource: businessinsiderJan 30th, 2020

As German Car Companies Layoff, Can Ford And GM Be Far Behind?

In the last few days, Volkswagen’s Audi division management said it will cut as many as 9,500 people. BMW management has stated it will cut many people as well. Today, Mercedes parent........»»

Category: blogSource: 247wallstNov 29th, 2019

Audi To Lay off 9,500 Staff As Part Of Strategic Plans

Volkswagen AG (OTC: VLKAF) subsidiary Audi AG has reached an agreement with its work council to lay off up to 9,500 employees by 2025, the company  0.....»»

Category: blogSource: benzingaNov 27th, 2019

VW"s Audi to cut one in ten jobs to fund shift to electric vehicles

Volkswagen's luxury car unit Audi on Tuesday said it would cut one in ten jobs, freeing up billions of euros to fund its shift toward electric vehicle production......»»

Category: topSource: reutersNov 26th, 2019

Audi to cut 9,500 jobs by 2025: source

Volkswagen's luxury car unit Audi is planning to cut 9,500 jobs by 2025, a person close to the matter said......»»

Category: topSource: reutersNov 26th, 2019

Audi gives job guarantees in Germany until 2029: sources

Volkswagen's luxury car unit Audi has agreed to give employment guarantees until 2029 in its home-market Germany, two people close to the matter said......»»

Category: topSource: reutersNov 26th, 2019

VW"s Audi making progress in talks on cost cuts: spokesman

Talks with labor representatives on cutting costs at Volkswagen's luxury car unit Audi are making progress, an Audi spokesman said on Tuesday......»»

Category: topSource: reutersNov 26th, 2019

Talks stall over thousands of job cuts at VW"s Audi: sources

Volkswagen's premium unit Audi wants to cut thousands of jobs to fund a costly transition to electric vehicles, but talks with powerful labor representatives have hit a logjam, two sources familiar with the matter told Reuters......»»

Category: topSource: reutersNov 22nd, 2019

BMW executive Markus Duesmann tasked with reviving Audi

Volkswagen on Friday installed former BMW executive Markus Duesmann to reinvent Audi after the German premium brand lost key engineering know-how and influence in the wake of the 2015 diesel-cheating scandal......»»

Category: topSource: reutersNov 15th, 2019

Volkswagen names Markus Duesmann as Audi chairman, effective April 1, 2020

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallNov 15th, 2019

Volkswagen installs BMW executive as new Audi chief

Volkswagen on Friday said former BMW executive Markus Duesmann, an expert in procurement and engine development, will take over as Volkswagen Group's board member responsible for research and as head of Audi......»»

Category: topSource: reutersNov 15th, 2019

Germany"s car watchdog sets Audi ultimatum to remove illegal diesel software: report

Germany's motor vehicle authority (KBA) has told Volkswagen's premium brand Audi that it faces penalties for its failure to remove illegal software from diesel cars that can manipulate emissions levels, the Bild am Sonntag (BamS) newspaper reported......»»

Category: topSource: reutersSep 15th, 2019

BMW engine development expert Duesmann set to become Audi chief in April: report

BMW's engine development and purchasing expert, Markus Duesmann, is set to become the CEO of Volkswagen's Audi premium brand, after BMW dropped its opposition to his early departure, a German newspaper reported on Saturday......»»

Category: topSource: reutersSep 14th, 2019