Volkswagen Group

The U.S. Justice Department on May 3 disclosed the filing of criminal charges against former Volkswagen AG Chief Executive Martin Winterkorn, accusing him of conspiring to cover up the German automaker's diesel emissions cheating.

Car giant Volkswagen announced onr April 24 investments of 15 billion euros ($18 billion) in electric and autonomous vehicles in China by 2022, in a massive bet on the vital market.

Maria Sharapova spent time prior to the start of the Stuttgart Grand Prix flinging a factory-fresh 700-horsepower Porsche 911 RT2 RS around a test track in Germany's automobile capital.

BERLIN (Reuters) - Volkswagen has chosen Herbert Diess as its new chief executive in an overhaul that includes streamlining the company's multiple car brands into just three groups while preparing its truck business for a potential listing.

Porsche and Audi, Volkswagen’s main luxury car divisions, plan to develop a joint platform for electric vehicles that will enable them significantly cut down on costs, German newspapers quoted their chief executives as saying.

The operation of the BMW, Daimler, Audi and Porsche car manufacturing plants has stalled in Germany over a round-the-clock warning strike organized by the IG Metall trade union to pressure employers for a higher salary, local media reported on Friday.

The controversy over Volkswagen AG's diesel-emissions cheating took another twist when the carmaker apologized for a test that exposed monkeys to engine fumes to study effects of the exhaust. 

Volkswagen has said that its namesake brand sold more vehicles worldwide in 2017 than ever before, a sign it is recovering from a bruising emissions-cheating scandal three years ago.

 Volkswagen's  core autos division increased vehicle sales to a record 6.23 million cars last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.

Workers at German companies including premium carmakers Audi and BMW were staging further walkouts on Jan. 12 amid labor talks seeking higher pay and shorter working hours which are set to continue next week.