Volkswagen has named Herbert Diess as its new chief executive. Photograph: Fabian Bimmer/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 t(...)

  Traders work on the floor of the New York Stock Exchange at the start of the trading day in New York. Photograph: Justin Lane/EPA

European shares rose on Tuesday after Chinese president Xi Jinping promised to cut import tariffs, fuelling optimism that a trade war between his coun(...)

Tougher EU emission targets taking effect by 2021 are forcing many car brands to reconsider their model line-ups at the very least. Photograph: Fabrice Coffrini/AFP/Getty Images

The future of diesel cars overshadowed all the gleaming new metal unveiled on the opening day of the Geneva motor show. On the eve of show Toyota had (...)

Oliver Schmidt, a former Volkswagen executive, has been sentenced to seven years in prison in the US. Photograph: Joe Wilsens/EPA

A US-based Volkswagen executive who oversaw emissions issues was sentenced to seven years in prison and fined $400,000 (€339,000) by a judge on Wednes(...)

Mercedes CEO Dieter Zetsche and F1 driver Lewis Hamilton at the Frankfurt Motor Show. Photograph: Reuters

German car maker Daimler has set itself a new target of saving €4 billion by 2024-2025 as electric cars may only deliver half the margin contribution (...)

Volkswagen shareholders look at a Bentley Bentayga car at the annual shareholder meeting in Hanover, Germany. Photograph: Reuters

Volkswagen has rejected investor calls for the carmaker to publish the results of a key investigation into its diesel emissions cheating scandal, sayi(...)

Matthias Mueller, chief executive officer of Volkswagen AG, said the company is more open than it used to be to a potential tie-up with Fiat Chrysler. Photograph: Krisztian Bocsi/Bloomberg

Volkswagen left the door open to a potential tie-up with Fiat Chrysler or another rival on Tuesday, as a drop in operating profit at its biggest car b(...)

Pulling VW out of near-bankruptcy in the early 1990s, Ferdinand Piech began investing billions of dollars, deutschmarks and eventually euro in research and development and the buying up of other brands

The Volkswagen diesel scandal has taken a Shakespearian twist. Former chairman Ferdinand Piech has claimed that he warned the company’s supervisory bo(...)

A Volkswagen car dealership in San Diego, California: Along with a $4.3bn settlement  with the US justice department and EPA,  VW will plead guilty to charges, including wire fraud and violating the US Clean Air Act. Photograph: Reuters/Mike Blake

Oliver Schmidt’s decision to holiday in Florida now seems foolhardy. As a senior VW manager linked to the firm’s diesel emissions scandal, a vacation (...)

The #8 Audi R18 e-tron quattro of Lucas di Grassi (Brazil), Loic Doval (France) and Oliver Jarvis (Great Britain) races on the track during the 24 hours of Le Mans on June 18th, 2016. Photograph: Brian Cleary/Getty Images

Audi has killed off the most successful Le Mans racing programme in modern history, shifting its motorsport focus to the burgeoning Formula E category(...)

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