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......»»
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......»»
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.....»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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.....»»
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........»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»