European antitrust authorities are investigating allegations that Germany's top carmakers colluded to disadvantage foreign competitors. If found guilty, the companies could pay billions in fines for breaching EU cartel rules.
German police have taken Porsche manager Jörg Kerner into custody, amid concerns that he could flee the country. The emissions scandal has spread from Volkswagen's core VW division to many other brands.
German Economy Minister Peter Altmaier has said he doesn't understand why domestic carmakers have been so slow to invest in the development and production of electric cars. He called it a big strategic mistake.
The German carmaker has initiated the deepest changes to its management since the diesel emissions scandal of late 2015, replacing its CEO and establishing a corporate structure designed to speed up decision making.
With a new boss known for finding efficiencies installed at VW, it appears that change is coming for Europe's largest car group. Yet workers at the company’s Wolfsburg headquarters are calm and positive about the future.
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