Herbert Diess

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 Elon Musk talks to the press as he arrives  at the construction site of the new Tesla factory near Berlin. Photograph:  Maja Hitij/Getty Images

If the German car industry’s obituary is written sooner rather than later, the last days may feature as a symbolic turning point. This is a cautionar(...)

Volkswagen chief executive  Herbert Diess  will pass the leadership of the core brand VW to the former co-managing director Ralf Brandstätter. Photograph: Alexander Koerner/EPA

Volkswagen chief executive Herbert Diess apologised to the company’s supervisory board for having made “inappropriate and wrong” statements at an inte(...)

Volkswagen has agreed to compensate tends of thousands of German drivers after a court found against the company and its “immoral, malicious” manipulation of diesel engines. Photograph: Filip Singer/EPA

Volkswagen has agreed to compensate tens of thousands of German drivers after a court found against the company and its “immoral, malicious” manipulat(...)

VW urged the European Central Bank to buy short-term commercial debt to help it weather the coronavirus pandemic. Photograph: Getty

Volkswagen is burning through approximately €2 billion in cash per week, the world’s largest carmaker revealed, as factory closures across Europe and (...)

Floor traders from TradeMas work in an off-site trading office in Brooklyn as the New York Stock Exchange remained closed, due to the outbreak of the coronavirus. Photograph: Brendan McDermid/ Reuters

European shares closed in the red on Friday after the EU failed to agree on a coronavirus rescue package. Uncertainty resurfaced in the market, draggi(...)

Volkswagen has 124 production sites worldwide, of which 72 are in Europe, with 28 in Germany alone.  Photograph: iStock

Volkswagen Group, the world’s biggest carmaker, is suspending production at factories across Europe as the coronavirus pandemic hits sales and disrupt(...)

Up to a fifth of PSA customers who bought a car in January and February offering a hybrid or battery version chose the cleaner option

Peugeot owner PSA and BMW are in the lead in the race to cut car emissions in Europe, pulling ahead of Volkswagen. Only two months into the new CO2 r(...)

Renault has named Luca de Meo as its chief executive as the French carmaker looks to stabilise the company.

Renault has named Luca de Meo as its chief executive as the French carmaker looks to stabilise the company following the chaos that engulfed the group(...)

In his annual speech to senior staff, Volkswagen chief executive Herbert Diess also lamented the company’s inability to woo investors as successfully as US rival Tesla, whose market capitalisation is closing in on VW

Volkswagen chief executive Herbert Diess has warned that the world’s largest carmaker will have to “slaughter some sacred cows” and transform itself i(...)

Elon Musk: ‘Everyone knows that German engineering is outstanding.’ Photograph: Philip Pacheco/AFP

Tesla chief Elon Musk grabbed the headlines on a flying visit to Berlin on Tuesday, announcing he would build his first European production facility n(...)

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