World Big 3 German carmakers’ shares fall amid allegations of industrial collusion Yomna Yasser Jul 24, 2017 0 Shares in the top three German carmakers slide sharply on Monday after it was reported that EU antitrust officials…
Industry & Trade China’s carmaker Geely reportedly acquiring 49.9% stake in Malaysia’s iconic Proton Yomna Yasser May 24, 2017 0 Chinese automaker Geely will be acquiring a 49.9 percent stake in Malaysia's iconic, home-grown, but…
Banks Deutsche Bank staff won’t be quitting over bonus cuts: Paper Yomna Yasser Feb 27, 2017 0 Bonus cuts at German flagship lender Deutsche Bank, announced in January, have so far not led to a mass exodus of…
Industry & Trade Volkswagen brand to return to top of volume carmakers by 2020: CEO Ghada Ismail Nov 22, 2016 0 Volkswagen's core brand has a goal of returning to the top of volume carmakers by 2020, with adequate margins, VW…
Tech news VW sets up cyber security firm with ex-Israeli spy chief Noha Gad Sep 14, 2016 0 Volkswagen is forming a company with the former head of Israel's Shin Bet intelligence agency to develop cyber…
Industry & Trade EU finds Volkswagen broke consumer laws in 20 countries – report Yomna Yasser Sep 5, 2016 0 The European Commission has found that Volkswagen broke consumer laws in 20 European Union countries by cheating on…
Industry & Trade VW, suppliers struggle to resolve dispute in marathon talks Noha Gad Aug 23, 2016 0 Volkswagen (VOWG_p.DE) and two of its auto parts suppliers were pushing to resolve a contract dispute early on…
Industry & Trade VW says more than 25,000 workers, six plants hit by production problems Noha Gad Aug 22, 2016 0 Volkswagen (VOWG_p.DE) on Monday said production at six plants was impacted by interruptions with more than 25,000…
Industry & Trade VW says talks to end supplier dispute will resume on Monday Noha Gad Aug 21, 2016 0 Volkswagen (VOWG_p.DE) is seeking a negotiated settlement with suppliers in a dispute over contracts that is…
Tech news VW gets German approval for tech fixes on 140,000 2.0-liter cars Noha Gad Aug 18, 2016 0 Volkswagen (VOWG_p.DE) has received approval by Germany's motor vehicle authority KBA for technical fixes on…