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VW CEO and chairman charged with market manipulation by German court in relation to 2015 emissions scandal
Former VW CEO Martin Winterkorn was also charged in the indictment filed Tuesday. He left the automaker days after the diesel scandal broke in 2015.
The German automotive conglomerate has the cash to invest in Tesla if it wanted, Manager Magazine reported.
Ford and VW have stepped up their alliance — Ford will develop an electric vehicle using VW tech by 2023
The VW Group also announced on Friday that it would invest $2.6 billion in the self-driving-car startup ArgoAI. Ford invested $1 billion in 2017.
Volkswagen CEO Herbert Diess said "ebit macht frei" at an internal company event, echoing the maxim "arbeit macht frei." He apologized for the remark.
Volkswagen CEO warns Trump’s trade war is crushing demand for autos — and it’s making the first quarter ‘difficult’
"This is a big concern for us, so the first quarter for sure will be a difficult quarter for Volkswagen," CEO Herbert Diess said at Davos.
Volkswagen’s CEO said it will make EVs that are as good as Tesla’s for half the price in 2020: Report
Volkswagen CEO Herbert Diess said last week that by 2020 the automaker will make electric vehicles that are as capable as Tesla's for half the price, Electrek reports. Volkswagen and Tesla did not immediately respond to Business Insider's requests for comment.