VW hires Kenneth Feinberg to handle emission-cheating claims

Volkswagen has hired Kenneth Feinberg to create a program to compensate owners of diesel-powered cars caught up in an emissions-cheating scandal. Feinberg is known for his work in compensating victims of the General Motors ...

Volkswagen to offer all-electric car-sharing from 2019

German auto giant Volkswagen said Thursday it would launch an all-electric car-sharing service in Berlin next year, hoping to show off new models and break into a fast-growing market.

VW slashes thousands more jobs to fund electric transition

German car giant Volkswagen said Wednesday it would slash thousands of posts to cope with its transition to electric and autonomous driving the day after reporting rising profits, as its CEO had to apologise for an ill-advised ...

VW faces first big German court date over 'dieselgate'

The first major German court case against Volkswagen over the "dieselgate" scandal that has shaken up the car industry gets under way Monday, as investors pursue the world's largest automaker for billions in compensation.

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