Law firm Jones Day presents its investigation results on the Volkswagen emissions scandal to the carmaker's board this week. And by Thursday VW has to tell US regulators how it wants deal with manipulated cars in the US.
German automaker Volkswagen posted a doubled net profit in 2017, selling more cars than ever before. Its bottom line held up despite an emissions scandal, but fallout from a recent testing scandal lies ahead.
Despite ongoing issues emanating from the 2015 Dieselgate scandal, and existential concerns over the future of diesel itself, the Volkswagen Group sold more, made more and paid more in 2017 than ever before.
For a long time, news from Brazil mostly meant bad news. The talk was of nepotism, corruption and the worst economic crisis in history. That seems to be in the past, reports DW's Manuela Kasper-Claridge from Sao Paolo.
Workers at Volkswagen in Germany have won a considerable pay hike. Wages at the world's largest carmaker are in line with the rest of Germany's metalworking sector, as the ECB sees an inflationary upside.
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