The German states of Hesse and Baden-Wuerttemberg said on Friday they would sue Volkswagen Group for damages over its emissions-test cheating scandal, joining a group of equities investors also seeking compensation.
Following intensive discussions, Dr. Bernd Bohr and Heinz Hermann Thiele have agreed that Dr. Bohr will resign his seat on the Supervisory Board of Knorr-Bremse AG effective July 4, 2016 and thus also step down as Chairman of this body.
Te German state of Lower Saxony, Volkswagen Group’s second-largest shareholder, refused to sign off on the actions last year of two of the company’s board members in an unusual public split among the automaker’s close-knit owners.
Carl Horst Hahn (born 1 July 1926) is chairman emeritus of the Volkswagen Group. He served as the Chairman of the Board of Management of the group’s parent company, Volkswagen AG (formerly Volkswagenwerk AG) from 1982 to 1993.
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