Focus on German Companies in Crisis: The German economy appears healthy, but a number of major companies are warning of cracks beginning to show. Volkswagen and Deutsche Bank are struggling to keep up their images.
A former top manager for Audi has reportedly been detained as part of an investigation into the emissions cheating scandal at parent company Volkswagen. Prosecutors say they are widening their probe.
Volkswagen's mass recall of polluting diesel cars in the United States is proving more difficult and costlier than expected, forcing the beleaguered German carmaker to set aside billions more in the third quarter.
German auto giant Volkswagen has announced a recall of 281,000 cars in the United States due to defective fuel pumps. The recall is another blow to the image of the auto giant after the Dieselgate scandal.
Before the Frankfurt Motor Show opened, car company bosses were read the riot act by the chancellor. Now the show is open to the public, but it is still much too early to speak of a turning point, says Henrik Böhme.
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