Volkswagen profit jumps, but 'great challenges' ahead

Volkswagen on Wednesday reported a leap in second quarter profit thanks to strong sales, but the German car giant warned that strict new emissions tests and global trade tensions posed "great challenges" in the months ahead.

VW to take $18 billion hit as German carmakers face recall

German carmaker Volkswagen capped two grim days for the country's auto industry by revealing its diesel emissions cheating cost it a chunky 16.2 billion euros ($18.2 billion) for 2015 alone—and that's likely only a part ...

VW CEO says he's 'endlessly sorry' for tarnishing brand

Volkswagen AG's emissions scandal crisis escalated Tuesday as the company issued a profit warning, set aside billions to cover the fallout and saw its shares take another battering. The CEO of the world's top-selling carmaker ...

Pressure grows on Volkswagen as bad news piles up

The fallout from Volkswagen's emissions-cheating scandal intensified Wednesday, as investors bailed out and European regulators pressured VW to quickly disclose the findings of an internal investigation. In the U.S., the ...

Senate panel probing VW's use of tax credits

The Senate Finance Committee opened a probe Tuesday into Volkswagen's use of a federal tax credit intended for fuel-efficient cars as the company's emissions-rigging scandal widened.

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