Volkswagen Group’s two top leaders, CEO Herbert Diess and Chairman Hans Dieter Poetsch, were charged with market manipulation in Germany over allegations they failed to inform investors early enough about the automaker’s diesel-emissions scandal.
Skoda expects annual sales of 15,000 units for the Superb plug-in hybrid. Key markets for the midsize model will be Germany,the UK, Sweden and the Czech Republic
Germany’s KBA motor vehicle authority has told Audi that it faces penalties for its failure to remove illegal software from diesel cars that can manipulate emissions levels, the Bild am Sonntag newspaper reported.
GEFCO Slovakia celebrates its 15th anniversary this year. Luc Nadal, the head of the group, informed journalists about the company history and current results in the region in Bratislava.
Nissan is looking for its third CEO in as many years. Following the resignation of Hiroto Saikawa after a scandal over pay, the Japanese automaker’s board needs to find a leader who can guide the company through decade-low profits and job cuts as car sales slow globally.
Britain should delay Brexit beyond Oct. 31 rather than leave the European Union without a deal, which would be particularly harmful to large automakers, the head of the sector’s industry body said.
The Frankfurt auto show will see debuts of key electric vehicles such as Porsche’s first series production EV, the Taycan, and Volkswagen’s mass-market battery-powered hatchback, the ID3.
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