The emissions scandal does not just affect VW top executives and EU authorities. It is also having a deep impact on Volkswagen employees. They worry about the car maker's reputation and their jobs.
German carmaker Volkswagen has announced it will boost investments in the development of electric cars in the next five years. The company has set out to become a global leader in e-mobility and new-energy vehicles.
Net profits tumbled in the third quarter at Volkswagen as the world's biggest carmaker booked higher-than-expected charges related to the emissions cheating scandal in the US. Surprisingly, VW's future looks rosier.
A court in Detroit has sentenced the first VW employee in connection with the German carmaker's diesel emissions-cheating scandal. James Liang was handed a 40-month prison term after pleading guilty to conspiracy.
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.
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