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Tag Archives: Volkswagen

Volkswagen Re-Enters Iranian Market After 17 Years

Volkswagen Re-Enters Iranian Market After 17 Years

German carmaker Volkswagen (VW) said Tuesday it would resume exports to Iran as soon as next month, marking a return to the resurgent market of the Islamic Republic after a 17-year absence. The aim is to reduce the manufacturer’s dependence on volatile markets such as China and Brazil. VW’s deliveries …

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Leonardo DiCaprio is Making a Movie on the Volkswagen Scandal

Leonardo Dicaprio

Leonardo DiCaprio is to produce a film about the Volkswagen emissions scandal. His production company Appian Way and Paramount Pictures have bought the rights to an as-yet-unwritten book about the scandal, according to the Hollywood Reporter. Paramount and Leonardo DiCaprio’s Appian Way have acquired the rights to a book proposal …

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Samsung may be about to Have it’s Own Volkswagen Scandal

Independent lab tests have found that some Samsung TVs in Europe appear to use less energy during official testing conditions than they do during real-world use, raising questions about whether they are set up to game energy efficiency tests. The European commission says it will investigate any allegations of cheating …

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Volkswagen turns to Porsche boss to steer it out of crisis

Volkswagen (VOWG_p.DE) will name Matthias Mueller, the head of its Porsche sports car brand, as its chief executive, a source close to the matter said on Thursday, as the fallout from the U.S. vehicle emissions test rigging scandal broadened. Mueller, 62, has been widely tipped to succeed Martin Winterkorn, who …

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Volkswagen CEO Likely to Get $32 Million Pension After Leaving

Martin Winterkorn, engulfed by a diesel-emissions scandal at Volkswagen AG, amassed a $32 million pension before stepping down Wednesday, and may reap millions more in severance depending on how the supervisory board classifies his exit. After Winterkorn disclosed Wednesday that he had asked the board to terminate his role, company …

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