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Volkswagen CEO Herbert Diess apologizes after appearing to reference Nazi slogan

Volkswagen CEO Herbert Diess has apologized after appearing to reference a notorious Nazi slogan while talking about the company's profits......»»

Category: topSource: moneycentralMar 15th, 2019

Volkswagen board condemns CEO Diess for evoking Nazi phrase, NY Post reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 18th, 2019

Volkswagen supervisory board condemns CEO"s "EBIT macht frei" remark

Volkswagen's supervisory board on Friday condemned remarks made by the company's chief executive after he appeared to allude to a Nazi-era slogan when he attempted to describe the carmaker's earnings potential......»»

Category: topSource: reutersMar 15th, 2019

Volkswagen Ups Electric Car Production Goal to 22 Million in the Next Decade

Its previous goal was 15 million. Volkswagen CEO Herbert Diess announced Tuesday that the car maker would produce 22 million electric cars over t.....»»

Category: europeSource: fortuneMar 12th, 2019

Volkswagen CEO: Will review group"s brand portfolio by year-end

Volkswagen Chief Executive Herbert Diess on Tuesday said the multi-brand conglomerate was reviewing its portfolio of brands as it seeks to slim down and hike profitability......»»

Category: topSource: reutersMar 12th, 2019

Volkswagen to unveil U.S. plan at end of first quarter, mulls further China steps in 2019

Volkswagen will decide whether it makes sense to raise its stake in Chinese joint venture companies toward the end of this year or beginning of next year, Chief Exectuive Herbert Diess said on Tuesday......»»

Category: topSource: reutersMar 12th, 2019

Volkswagen shuffles management responsibilities at core brand

Volkswagen shuffled management responsibilities at its core brand on Monday, freeing up Group CEO Herbert Diess to oversee the carmaker's radical strategy to mass produce electric cars......»»

Category: topSource: reutersFeb 25th, 2019

Volkswagen boss says U.S. tariffs could cost up to 2.5 billion euros: Financial Times

The biggest threat to Volkswagen's 2019 profit is potential tariffs from the United States, Chief Executive Herbert Diess told the Financial Times......»»

Category: topSource: reutersFeb 21st, 2019

VW CEO says hopes U.S. investments help avoid tariffs against EU

Volkswagen's Chief Executive Herbert Diess said an $800 million investment to build a new electric car in Chattanooga, Tennessee should help ease tensions with United States President Donald Trump......»»

Category: topSource: reutersJan 14th, 2019

Expect VW (OTCMKT:VLKAY) to Be the Most Profitable Maker of Electric Cars

Expect VW (OTCMKT:VLKAY) to Be the Most Profitable Maker of Electric Cars $VLKAY, $F, $GM, $TSLA Friday, Volkswagen (OTCMKT:VLKAY) CEO Herbert Diess said he expected the multi-brand car-making group to be the most profitable manufacturer of.....»»

Category: topSource: livetradingnewsNov 19th, 2018

Volkswagen expects to be the most profitable maker of electric cars

Volkswagen Chief Executive Herbert Diess on Friday said he expected the multi-brand carmaking group to be the most profitable manufacturer of electric cars thanks to economies of scale......»»

Category: topSource: reutersNov 16th, 2018

Volkswagen CEO to take responsibility for China business: source

Volkswagen chief executive Herbert Diess will take on responsibility for the carmaker's business in China, a source said as VW's supervisory board met in Wolfsburg on Friday......»»

Category: topSource: reutersNov 16th, 2018

Volkswagen is planning to produce millions of electric cars

Volkswagen's CEO says it's getting ready to make millions of electric cars. In an interview with Automotive News, Herbert Diess said the company has sourced the batteries and booked production fo.....»»

Category: topSource: moneycentralNov 13th, 2018

VW could build up to 50 million electric cars: Automotive News

Volkswagen could build up to 50 million electric cars on its new electric vehicle platform and is looking at expanding its manufacturing footprint in the United States, Chief Executive Herbert Diess told Automotive News......»»

Category: topSource: reutersNov 12th, 2018

VW capable of building 50 million electric vehicles: CEO in Automobilwoche

Volkswagen's electric vehicle platform and battery procurement plans are being readied to handle production of 50 million vehicles, Chief Executive Herbert Diess told German trade publication Automobilwoche......»»

Category: topSource: reutersNov 12th, 2018

Volkswagen capable of building 50 million electric vehicles: CEO in Automobilwoche

Volkswagen's electric vehicle platform and battery procurement plans are being readied to handle production of 50 million vehicles, Chief Executive Herbert Diess told German trade publication Automobilwoche......»»

Category: topSource: reutersNov 12th, 2018

VW may sideline Audi, link with rivals in new 10-year plan

Volkswagen boss Herbert Diess will outline a 10-year plan on Nov. 16 to slash research costs by working with rivals, a step which would sideline Audi as the group's leading development center......»»

Category: topSource: reutersNov 2nd, 2018

Volkswagen"s CEO said it will make EVs that are as good as Tesla"s for half the price in 2020: Report (TSLA)

Michael Sohn / Associated Press Volkswagen CEO Herbert Diess said last week that by 2020 the automaker will make electric vehicles that are as capable.....»»

Category: topSource: businessinsiderOct 29th, 2018

German carmakers have 50 percent chance of staying ahead, VW says

Germany's carmakers only have a 50 percent chance of surviving as leading players in the auto industry unless they transform to meet new regulations and adapt their supply chains, Volkswagen Chief Executive Herbert Diess said on Tuesday......»»

Category: topSource: reutersOct 16th, 2018

VW brand must become significantly more efficient: CEO

The VW brand needs higher profits and must become significantly more efficient to be able to finance its future, Volkswagen group Chief Executive Herbert Diess told the brand's staff magazine......»»

Category: topSource: reutersSep 12th, 2018

Volkswagen CEO received memorandum about emissions cheating fallout: NDR

Volkswagen Chief Executive Herbert Diess was given a memorandum warning the carmaker might face legal action in the U.S. over the use of cheating software in cars just days before the scandal broke, a public broadcaster reported on Friday......»»

Category: topSource: reutersAug 24th, 2018