Thierry Bolloré appointed as new Chief Executive Officer of Jaguar Land Rover

Former CEO of Groupe Renault, Thierry Bolloré has been appointed as the new Chief Executive Officer of Jaguar Land Rover, effective 10 September 2020. This announced was made by Chandrasekaran, Chairman of Tata Son...

P. Vijayaraghavan of TVS  Srichakra passes away

The TVS Group has announced the passing away of P. Vijayaraghavan. “It is with profound grief and sadness that we mourn the passing and honour the life of Mr. P. Vijayaraghavan,” a company note said.

Tata Motors spins off PV, EV businesses into new subsidiary

Tata Motors Ltd (TML) has spun off its passenger vehicles (PV) as well as its electrical vehicle (EV) business into a separate subsidiary. The TML Board has approved a plan to make the company’s PV as well as EV bus...

Warburg Pincus to invest $150 million in Apollo Tyres

The Board of Directors of Apollo Tyres Ltd has approved an issuance of compulsorily convertible preference shares in the company worth Rs 1080 crore million (approximately US$150 million) to an affiliate of Warburg ...

Shriram Automall acquires Bluejack, an  online car  auction platform

Shriram Automall India Limited (SAMIL) which is backed by Shriram Group & CarTrade, has acquired BlueJack, an online car selling portal in a bid to accelerate its offline auction market position with online used ca...

Ralf Speth to retire as CEO, Jaguar Land Rover; To continue as vice chairman of JLR

Ralf Speth has decided to retire from his current role as Executive Director and Chief Executive Officer of Jaguar Land Rover at the end of his contract term in September 2020. He will however, continue his relation...

CBI books former Maruti MD Jagdish Khattar in Rs 110cr PNB loan fraud

The Central Bureau of Investigation (CBI) has booked former Maruti Udyog (now Maruti Suzuki) Managing Director and founder of Carnation Auto (the company was recently sold to Mahindra First Choice Services) Jagdish ...

Mahindra announces further leadership changes

After the company announced some major board level changes and other high level management changes on December 20, 2019, Mahindra & Mahindra has now announced further leadership changes.

Anand Mahindra, Dr Goenka part of top M&M management restructuring

Anand Mahindra will take on the role of Non-Executive Chairman of the Board of Mahindra & Mahindra Ltd with effect from April 1, 2020. Dr. Pawan Goenka will be re-designated as Managing Director and CEO of the compa...

Groupe PSA, FCA to merge into Euros 170 billion auto behemoth

Barely five months after rejecting French auto major Groupe Renault as its bed partner, Fiat Chrysler Automobiles (FCA) has hopped back into the bed with another French automobile major – Groupe Peugeot S.A. Accordi...

Mahindra Two Wheelers Europe to acquire 100pc Peugeot Motocycles

Mahindra Two Wheelers Europe, a subsidiary of Mahindra & Mahindra Ltd. (M&M Ltd), will be acquiring all outstanding shares in Peugeot Motocycles (PMTC), taking its share to a complete 100pc. Peugeot Motocycles, a ma...

Guardians to be jailed, fined for offences by juveniles driving vehicles

Very soon, traffic violations will invite huge penalties for motorists in India as the Motor Vehicles (Amendment) Bill, 2019 was passed by Rajya Sabha.

FCA withdraws merger proposal to Groupe Renault

The Board of Fiat Chrysler Automobiles which met under the Chairmanship of John Elkann, has resolved to withdraw with immediate effect its merger proposal made to Groupe Renault.

FCA submits proposal for merger with Groupe Renault

Fiat Chrysler Automobiles N.V. has delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault has confirmed receipt of a pr...

Roy Kurian joins Tork Motors as Head, Sales & Marketing

Tork Motors, India’s first electric motorcycle maker, has appointed former Yamaha India Senior Vice President Roy Kurian as head of Sales & Marketing, of its flagship product T6X. Roy will focus on introducing T6X t...

Ather Energy announces entry into Chennai in June

Ather Energy products will not be available in Chennai by June 2019. Chennai is the second city the company is entering after its commercial launch in Bengaluru in 2018. With this, Ather plans to be in 30 cities ove...

Volkswagen Group to merge all passenger car entities in India

The Volkswagen Group has announced its intent to merge its three Indian subsidiaries: Volkswagen India Private Ltd (VWIPL), Volkswagen Group Sales India Private Ltd (NSC) and Skoda Auto India Private Ltd (SAIPL). Th...

Volvo Cars named as one of the world’s most ethical companies in 2019

Now this is an award that needs to be cherished and respected. Volvo Cars has been recognised by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a ...

Skoda, Volkswagen Group India inaugurate the new Tech Centre in Pune

Skoda and Volkswagen Group India have inaugurated a new Technology Centre in Pune, India. The opening ceremony was attended by Czech Prime Minister Andrej Babis and other government officials. On behalf of the Volks...

Cero (Mahindra MSTC Recycling Pvt. Ltd.) is India’s first authorised recycler of vehicles

Cero (Mahindra MSTC Recycling Pvt. Ltd.) has become India’s first authorised recycler for motor vehicles, having received accreditation by the Delhi Government on December 21, 2018. Cero, a joint venture between Mah...

It’s official now, Carlos Ghosn discharged from Nissan Chairman post

It is official now. Nissan’s legendary Chairman Carlos Ghosn has been shown the door by the management of Nissan Motor Company in Japan. The decision to discharge Ghosn of his post as Chairman of Nissan was taken by...

CNG infrastructure development will lead to massive cut in oil bills

Developing India’s CNG infrastructure could help achieve 50pc natural gas vehicles penetration by 2030 leading to crude oil import savings of Rs 11 lakh crore.

Nissan Chairman Carlos Ghosn arrested for financial misconduct allegations

One of automobile industry’s most powerful leaders, Carlos Ghosn of Renault-Nissan-Mitsubishi Alliance was arrested by the authorities in Japan on November 19, 2018.

Audi and Umicore develop closed loop battery recycling

Audi and Umicore have successfully completed phase one of their strategic research cooperation for battery recycling. The two partners are developing a closed loop for components of high-voltage batteries that can b...

Twenty Two Motors and KYMCO join forces to make future of EVs better in India

Indian electric vehicle manufacturer Twenty Two Motors and KYMCO, a Taiwanese two wheeler manufacturer announced their partnership in India enabling them to share knowledge, technology and expertise to create premi...

Mahindra First Choice Wheels enters premium used cars business with ‘Edition’

Mahindra First Choice Wheels, India’s leading multi-brand certified used car company has launched its “Edition” brand, the country’s first premium used cars franchise network.

TVS Ntorq 125 launched in Sri Lanka for LKR 2,54,900

TVS Motor Company has launched its 125cc scooter, TVS NTORQ 125 in Sri Lanka at LKR 2,54,900 (ex-showroom Colombo) for the drum brake variant and LKR 2,65,900 (ex-showroom Colombo) for the disc brake variant. Armed ...

Continental appoints new Plant Manager for Modipuram tyre plant

Technology company and premium tyre manufacturer Continental has announced the appointment of Kuldeep Singh as plant manager for its tyre plant in Modipuram-Meerut, India. Kuldeep Singh succeeds Vivek Devgun who lef...

Nikhil Nanda appointed Chairman, Managing Director of Escorts Ltd

The Board of Directors of Escorts Limited has appointed Nikhil Nanda as the Chairman and Managing Director of the company. Nikhil Nanda has succeeded Rajan Nanda, former Chairman and Managing Director of Escorts Lim...

Volkswagen Group entrusts Skoda Auto with major role in India 2.0 project

India’s largest car manufacturer Volkswagen has entrusted Skoda Auto in India to play a major role in the overall growth of its products in India as part of the group’s India 2.0 project. The Volkswagen Group compri...

Audi and Hyundai plan to develop fuel cell technology

Audi AG and Hyundai Motor Group are driving the development of fuel cell technology. The two companies plan to cross-license patents and grant access to non-competitive components. The agreement is currently subject...

Abraham Schot comes in place of Rupert Stadler at Audi AG

The Supervisory Board of Audi AG has decided to transfer the duties of the Board of Management Chairman to Abraham Schot on a temporary basis with immediate effect. As reported earlier, Audi CEO Rupert Stadler was t...

Audi CEO Rupert Stadler arrested in Germany

Rupert Stadler, CEO of Audi, one of the largest luxury car majors and part of the Volkswagen Group was arrested in Munich on June 18, 2018 in connection with the diesel scam that rocked Volkswagen and the automobil...

ICAT inaugurates new modern automotive test facilities

The International Centre for Automotive Technology ICAT) based in Manesar on the outskirts of Delhi inaugurated several new modern test facilities for vehicles on May 29, 2018. These were installed as a part of the...

Daimler DigitalLife Day, a 2-day digital extravaganza held in India

Following three successive editions in Germany, Daimler DigitalLife Day was held in Bangalore, hosted by Mercedes-Benz Research & Development India (MBRDI). Around 3,000 attended the two-day annual digital extravaga...

Audi plans to sell 800,000 electrified cars in 2025

Audi aims to sell approximately 800,000 fully electric cars and plug-in hybrids in the year 2025. At the Annual General Meeting of AUDI AG held on May 9, 2018, the Board of Management presented the updated “Audi.Vor...

Mahindra launches Automobili Pininfarina, a luxury car brand

After acquiring the Italian design house Pinifarina sometime back, Mahindra & Mahindra has announced the launch of Automobili Pininfarina, the world’s newest sustainable luxury car brand. Automobili Pininfarina will...

Honda Grazia sales cross 100,000 mark

Honda Motorcycle and Scooter India Pvt. Ltd. today announced that sales of its latest 125cc flagship scooter Grazia crossed the 1 lakh unit mark in less than 5 months of its launch. Grazia - Honda’s Advanced Urban S...

Deepak Jain appointed Chairman & MD, Lumax Industries

Lumax Industries Limited, a leader in end-to-end automotive lighting solutions in India, has announced the appointment of D.K. Jain as Chairman Emeritus and Chief Mentor to the Board, with effect from April 1, 2018...

Boparai confident of strong leadership position for Skoda Auto India

Gurpratap Boparai, the newly appointed Managing Director of Skoda Auto India is hopeful that his company would attain a strong leadership position in the Indian passenger car market in the next few years.

Adient , Arvind form JV to manufacture and sell automotive fabrics in India

Michigan (US) based Adient, a global leader in automotive seating which produces and delivers automotive seating for all vehicle classes and all major OEMs has formed a joint venture with India’s Arvind Ltd, one of...

India’s first BS VI compliant vehicle- Mercedes-Benz S 350 d

Luxury car brand Mercedes-Benz achieved a historic milestone in the Indian automotive industry, by being the first automobile brand in India to launch the first ever BS VI compliant vehicles, ‘Made in India, for I...

In surprise move, N Raja is appointed Chairman, Lexus India

Barely a few days after Toyota Kirloskar announcing that N Raja has been promoted as the Deputy Managing Director [subject to board approval] covering Sales & Service functional areas, comes the announcement that h...

N Raja is Deputy Managing Director of Toyota Kirloskar Motor

Toyota Kirloskar has announced the promotion of Mr. N Raja as the Deputy Managing Director [subject to board approval] covering Sales & Service functional areas. Raja has been with Toyota Kirloskar Motor for the la...

Kinetic Engineering Limited records a 48% growth in Q2 revenues

Kinetic Engineering Limited, part of the Kinetic Group of Companies headed by Arun Firodia which transformed its business from two-wheelers to auto component systems since 2009, has in a board meeting held on Decemb...

Auto industry leaders critical of intermittent regulatory uncertainties

Several auto industry leaders blasted the Indian government for intermittent regulatory uncertainties and urged the government to come out with clear and firm policy guidelines.

Lithium Urban Technologies target Delhi with its e-cabs

Delhi, one of the most polluted cities of the world, has a reason to breathe easy. Lithium Urban Technologies, India's first all electric solution to corporate needs has recognised Delhi as their newest market. Lith...

Gulf Petrochem appoints R. K. Mehra as Strategic Advisor

Gulf Petrochem Group announced that its Board of Directors has appointed Rakesh Mehra as Strategic Advisor for the group with immediate effect. Prior to being appointed, he held a number of executive positions most...

Hiroto Saikawa is new Nissan CEO; Carlos Ghosn continues as Chairman

Begin April 1, 2017, Hiroto Saikawa will be the new Chief Executive Officer of Nissan Motors. The decision to appoint Saikawa was taken at the recommendation of Chairman of the Board and Chief Executive Officer Carl...

Uno Minda Group in JV agreement with Katolec Corporation of Japan

Minda Industries Limited, the flagship company of Uno Minda Group has entered into Joint Venture (JV) agreement with Katolec Corporation, Japan. The proposed name for the joint venture company is Minda Katolec Elect...

Bajaj Auto first to comply with BS IV emission norms

Bajaj Auto has announced that it is ready to comply with EPCA’s direction of neither selling nor registering any pre – BS IV vehicle from April 1, 2017. The company announced that all its two and three-wheelers manu...

PSA Group, CK Birla Group sign two JVs with HMFCL and Avtec

PSA Group of France and CK Birla Group have signed joint-venture agreements to produce and sell vehicles and components in India by 2020. It was in 1976 that Citroën S.A. and Peugeot S.A. merged to form the PSA Peug...

Pawan Goenka elevated to MD, Mahindra & Mahindra

Mahindra and Mahindra Limited (M&M) announced that Anand Mahindra, who currently holds the position of Chairman and Managing Director, is being designated as Executive Chairman of the Company with Dr. Pawan Goenka b...

Cyrus Mistry praised; Tata Nano a loss making project, admits Tatas

The slugfest between the ousted Chairman of Tata Sons Cyrus Mistry and the Tata Group is appearing to go in favour of Mistry, with the latest developments vindicating him on several stands.

Ather Energy gets Rs 205 cr funding from Hero MotoCorp

Bengaluru based Ather Energy, the smart electric two-wheeler start-up, announced a fresh round of funding of Rs 180 crores from Hero MotoCorp for 26-30% stake.

Tatas say Mistry email leak made in “undignified manner”

Tata Sons has reacted in a very mature manner to the way in which Cyrus Mistry’s mail to the Board of Directors was leaked to the public and media wherein he has levelled charges against several Tata officials as we...

Cyrus Mistry comes out with guns blazing in letter to Tata Sons’ Board

Cyrus Mistry who was ousted from his position as Chairman of Tata Sons finally came out with his guns blazing in a hard hitting letter to the Directors of Tata Sons and to the Trustees of the Tata Trusts. He said in...

Ratan Tata is Interim Chairman, Tata Sons; Mistry replaced

Ratan Tata is back as the interim Chairman of Tata Sons. The Tata Sons Board took a decision to replace Cyrus P. Mistry as Chairman. This sudden decision which was taken at a Board meeting held in Mumbai on October ...

Nissan completes 34pc acquisition of Mitsubishi Motors for US $ 2.28 billion

Mitsubishi Motors Corporation (MMC) has announced that Nissan Motor Co., Ltd. has become its largest shareholder after completing the purchase of 34% of MMC-issued stock for 237 billion JPY (approx US $ 2.28 billion...

Tork T6X electric motorcycle garners 1000+ booking in 24 hours

Call it the Tesla effect, or some such thing, but Tork's T6X electric motorcycle which was launched in Bengaluru on September 30, 2016 has kicked up a storm capturing imaginations and interest of the motoring world ...

Dr. Pawan Goenka awarded 2016 FISITA Medal

Dr. Pawan Goenka, Executive Director, M&M Ltd and Chairman of the Board of SsangYong Motors, is the first Indian to receive the prestigious 2016 FISITA Medal of Honor, for his outstanding contribution to the global ...

Bosch to invest  100 million  Euros (Rs 743 crore) in India plant expansion

The Bosch Group is strengthening its presence in the Indian growth market. “In 2016, we are planning to invest more than 100 million euros (Rs 743 crore approx) in our Indian manufacturing and development locations”...

Mercedes-Benz ‘Safe Roads’, in its second year, travels to Kochi

Mercedes-Benz and its group companies Mercedes-Benz India (MBIL), Daimler India Commercial Vehicles (DICV), Mercedes-Benz Research and Development India (MBRDI) and Daimler Financial Services India (DFS) have inaugu...

Relief for auto makers as SC lifts ban on diesel vehicles in Delhi NCR

The Supreme Court of India on August 12, 2016 has lifted the ban on diesel vehicles with engine capacities of 2000cc and above but has asked affected car makers to deposit of one per cent of ex-showroom price as gre...

Hero Motocorp reappoints Pawan Munjal as Chairman, MD &CEO

The Board of Directors at Hero MotoCorp Ltd has reappointed Pawan Munjal as the Chairman, Managing Director & Chief Executive Officer of the company for a period of five years with effect from October 1, 2016. His c...

Mahindra Intertrade,  MSTC Ltd. JV agreement for auto shredding facility

Mahindra Intertrade Ltd., a part of the Mahindra Partners Division of Mahindra Group, and MSTC Ltd. (a Government of India enterprise) have signed a formal joint venture agreement to set-up India’s first-of-its-kind...

Volkswagen IT Services India set up in Pune

With the objective of building internal IT capabilities and offering Volkswagen Group brands across geographies a centralised IT delivery and support location, Volkswagen recently set up Volkswagen IT Ser...

Sunil Kant Munjal to step down as Jt MD of Hero MotoCorp

Sunil Kant Munjal, Joint Managing Director, Hero MotoCorp, and Chairman, Hero Corporate Service has decided to step down from the Board of Directors of Hero MotoCorp, once his tenure as the Joint Managing Director o...

Prelim approval of 2.0L TDI Volkswagen settlement plan in US

Volkswagen AG announced that Judge Charles R. Breyer of the United States District Court for the Northern District of California has granted preliminary approval of the settlement agreement reached on June 28 with p...

Sajeev Rajasekharan is new Executive VP, Suzuki Motorcycle India

Suzuki Motorcycle India Private Limited (SMIPL), a subsidiary of Suzuki Motor Corporation, Japan, has announced the appointment of Sajeev Rajasekharan as its new Executive Vice President for Sales & After-Sales. In ...

Another 1.1 million Volkswagen vehicles to undergo emission modifications

The Federal Motor Transport Authority (KBA) of Germany has given the go-ahead for the modification of around 1.1 million further vehicles of the Volkswagen Passenger Cars, Volkswagen Commercial Vehicles and Audi bra...

Suzuki fuel mileage scandal sees Osamu Suzuki stepping down

Taking responsibility for the improper road tests that Suzuki Motor Corporation (SMC) had conducted that led to discrepancies in the fuel mileage of Suzuki vehicles, the Board of Directors of SMC resolved in a meeti...

Volkswagen Group India begins recall of cars to fix emission glitches

German auto giant Volkswagen will formally begin recalling cars in the country from July 2016 to fix emission software. To begin with the company will recall 198,500 cars in the country next month to fix emission ...

Volkswagen recalls 800,000 cars in Germany for rectifying emission glitches

Volkswagen has now recalled 800,000 cars in Germany for fixing the emissions glitch which it had in 2015 admitted to have resorted to in order to evade strict emission norms. Germany's Federal Motor Transport Author...

Suzuki Motors apologises but denies cheating; Heads roll in Mitsubishi

Japanese automaker Suzuki Motor Corp. apologised on Wednesday May 18, 2016 for improper road tests that the company had conducted, but denied reports of any cheating on mileage numbers. The Suzuki fuel mileage scand...

Nissan takes 34pc equity stake in Mitsubishi Motors for 237 Billion Yen

Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, (MMC) have announced that they have signed a Basic Agreement to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC ...

Volkswagen not to submit interim results in sensitive diesel scam probe

Volkswagen which had earlier stated that it would submit interim results of its probe into the diesel emissions scam, has now said it will not be able to do so because of various sensitive reasons. This decision, th...

Honda Motorcycle & Scooter India 4th plant in India inaugurated

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) inaugurated its fourth manufacturing plant at Vithalapur (Mandal taluk, Ahmedabad district, Gujarat) in India. This green factory came up in a record 13 months!

Mary Barra is named Chairman of GM Board of Directors

The General Motors Board of Directors has announced it has unanimously elected Mary Barra as its next Chairman, effective immediately. She succeeds Theodore (Tim) Solso, who will continue serving as the Board’s Lead...

Mahindra acquires a major style statement; To buy Pininfarina

Tech Mahindra Limited, a leading provider of IT, Networks and Engineering solutions and BPO services, and Mahindra & Mahindra have jointly entered into an agreement with Pincar S.r.l., to purchase a controlling stak...

VW Group audit confirms misconduct and shortcomings

Germany based Volkswagen Group has admitted that the software-influenced NOx emissions behaviour of its cars in the US and elsewhere was due the interaction of three factors: The misconduct and shortcomings of indi...

Kaher Kazem replaces Arvind Saxena as new President & MD, GM India

Kaher Kazem has been appointed president and managing director of GM India, effective January 1, 2016. He will be based at GM India’s Gurgaon headquarters. Kazem replaces Arvind Saxena in GM India.

323700 VW Group cars affected in diesel emissions scam in India

Volkswagen Group India has notified the Ministry of Heavy Industries and the Automotive Research Association of India (ARAI) that approximately 323700 cars belonging to the Volkswagen, Skoda and Audi companies in In...

Indian Govt agency ARAI to issue notice to Volkswagen

On the one hand while Volkswagen is facing tremendous pressure coupled with major embarrassment on the global front because of the software fudging leading to tinkering with diesel engine emissions in their cars, on...

Another 800,000 VW cars involved in diesel emission irregularities

With regards to the latest notice issued by the United States Environmental Protection Agency (EPA) for violation of the Clean Air Act (CAA) to Volkswagen AG, Audi AG and Volkswagen Group of America, Inc., the Volks...

More trouble for Volkswagen as EPA issues 2nd notice

The United States Environmental Protection Agency (EPA) has stated that it is issuing a second notice of violation (NOV) of the Clean Air Act (CAA) to Volkswagen AG, Audi AG and Volkswagen Group of America, Inc. Thi...

Tata Motors partners with the football Legend Lionel Messi

Tata Motors has signed-up the football player star, 4 consecutive times Best Player of the World, Lionel Messi, in a long-term association as it global brand ambassador to promote and endorse its passenger vehicles,...

Volkswagen India will complete evaluation of affected cars by Nov end 2015

Even though unconfirmed reports have said that thousands of Volkswagen cars in India have been affected by the diesel emissions scam, Volkswagen Group India has stated that its representatives have met Government o...

Dr. Christine Hohmann-Dennhardt to move from Daimler to Volkswagen

The Chairman of the Supervisory Board of Volkswagen AG, Hans Dieter Pötsch, has asked the Chairman of the Supervisory Board of Daimler AG, Dr. Manfred Bischoff, to release the Member of the Board of Management for...

German transport authority gives Volkswagen timetable for global recalls

The Federal Motor Transport Authority (KBA) has come out with a timetable for Volkswagen to recall cars affected by the emissions scam, a result of fraud manipulation by the German car major. The Volkswagen Group wi...

Nissan sponsors global cricket events in major ICC partnership deal

Nissan (www.nissan.in) has agreed to a major eight-year deal with the International Cricket Council (ICC) that further strengthens its ties with global sport. The agreement, which runs through 2023, confirms Nissan ...

Volkswagen management decides on reorientation of diesel strategy

After the news of mega emission scam involving Volkswagen cars in the US and elsewhere in the world, comes the news from Germany based Volkswagen Group (http://www.volkswagenag.com) about the reorientation of the di...

Volkswagen: Das Auto Scam

It’s the biggest scam to hit the global auto industry. No recall of a car, anywhere in the world, has ever had such a distasteful flavour of deceit and intrigue. Germany based Volkswagen has some of the best brands ...

VW scam will lead to enormous financial damages, says Muller of VW Group

Admitting that the recent emissions scam committed by the Volkswagen Group will lead to enormous financial damage which “it is still not possible to quantify as of today”, the new CEO of Volkswagen Aktiengesellschaf...

German Chancellor Merkel, Modi visit Bosch facilities in Bangalore

On October 6, 2015, Indian Prime Minister Narendra Modi and German Federal Chancellor Angela Merkel visited the facilities of Bosch in Bangalore. The visit is part of the chancellor’s three-day state visit to India,...

Volkswagen to refit diesel vehicles with EA 189 EU5 engines

Now that the diesel emissions scam has hit Volkswagen hard on its face, the company is announcing its action plan to correct the emissions characteristics of diesel vehicles. The company had apparently used an impro...

VW Group restructured; Sacks employees involved in emission scandal

As a fallout of the massive US emission scandal involving Volkswagen, the Volkswagen Supervisory Board not only restructured the Volkswagen group but also recommended the immediate suspension of some of its employee...

5 million Volkswagen cars affected in emissions scandal

An internal evaluation in the Volkswagen Group has revealed that approximately five million Volkswagen Passenger Cars brand vehicles are affected worldwide. Certain models and model years of these vehicles (such as ...

Matthias Müller succeeds Winterkorn as CEO of Volkswagen Group

Matthias Müller (62) has been appointed CEO of Volkswagen AG with immediate effect. This was decided by the Supervisory Board at its meeting in Wolfsburg on September 25, 2015). Müller is currently Chairman of Porsc...

Volkswagen CEO Dr. Martin Winterkorn quits over emissions scandal

The Volkswagen global emission scandal involving diesel engine powered VW cars took its first major toll on September 23, 2015 with Prof. Dr. Martin Winterkorn, CEO of Volkswagen AG resigning from his post. Acceptin...




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