Due to the severe crisis at German automaker VW the multi-million dollar bonuses are highly controversial. Head of supervisory board Dieter Pötsch is calling for cuts.
A Volkswagen (VW) manager, currently jailed in connection with the German automaker's emissions scandal in the United States, has pleaded guilty in a Detroit courtroom, hoping for lesser punishment.
Two years of leaks about emissions cheating and pollution fears have damaged Germany's standing as the world leader in car production. But analysts think the scandal could have surprising positives for the industry.
The premier of one of Germany's biggest states says he allowed Volkswagen to vet a 2015 speech about the automaker's emissions fraud. For nearly 60 years, VW has been given special status under the law in Lower Saxony.
After German chancellor candidate Martin Schulz called for a Europe-wide quota for electric cars, the debate among German politicians, the EU and carmakers has picked up steam. In China, such a quota already exists.
© 2017 Deutsche Welle |
Legal notice |
| Mobile version