Volkswagen mulling sale of Lamborghini

Volkswagen mulling sale of Lamborghini

Volkswagen is looking at options for its luxury brand Lamborghini, including a sale or stock listing, Bloomberg reported, citing people familiar with the matter. Chief Executive Herbert Diess in March…
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US sues Volkswagen over massive fraud

US sues Volkswagen over massive fraud

  The US is suing Volkswagen over the diesel emissions scandal accusing the German carmaker of "massive fraud". Volkswagen's former chief executive Martin Winterkorn is also being sued. The Securities…
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Volkswagen announces heavy job cuts

Volkswagen announces heavy job cuts

Despite high profits in 2018, German carmaker Volkswagen has announced heavy job cuts. The company has said it would reinvest the money saved into developing electric vehicles. Volkswagen announced that…
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