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VW gets help from Daimler to deal with VW scandal

2015-10-18 18:35:31| Auto Dealers - Topix.net

Volkswagen has hired Christine Hohmann-Dennhardt, a compliance officer, away from Daimler. Normally, this wouldn't be particularly big news.

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Chinese investigative journalist jailed, refused bail after exposing high profile corruption scandal

2015-10-18 06:17:42| Telecom - Topix.net

Liu Wei detained on October 8, after series of articles exposing corruption of a high-profile qigong master, celebrities and party officials; news of detention censored on digital platforms but spread by journalists on social media The detention of respected investigative reporter Liu Wei on suspicion of allegedly illegally obtaining state secrets has sparked concerns among mainland journalists over their work responsibilities and safety. Liu, 37, deputy director of the Guangdong-based Southern Metropolis News , was detained by police in the city of Pingxiang, in Jiangxi province, on October 8, his newspaper confirmed on Friday night.

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Volkswagen's sales hold up after scandal

2015-10-17 10:13:36| Auto Dealers - Topix.net

European new car sales data for September released Friday showed Volkswagen AG weathered the initial storm in the two weeks following the explosion of the emissions scandal that forced the German company to lower earnings estimates, take a EUR6.5 billion charge and change its chief executive. For the month, VW's new passenger car registrations, a proxy for sales, rose 8.4% in the European Union, slightly below the 9.8% advance for the market as a whole, according to data released by the European Automobile Manufacturers' Association, or ACEA.

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VW Sales Hold Up in Immediate Aftermath of Emissions Scandal

2015-10-17 04:54:22| Automakers - Topix.net

European new car sales data for September released Friday showed Volkswagen AG weathered the initial storm in the two weeks following the explosion of the emissions scandal that forced the German company to lower earnings estimates, take a a 6.5 billion charge and change its chief executive.

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How will VW scandal impact European auto sales?

2015-10-16 10:45:21| Auto Dealers - Topix.net

Natalie Sauber, automotive consultant at Frost & Sullivan, discusses European auto sales figures and the impact the VW scandal had on the numbers. She speaks to Bloomberg's Anna Edwards on "Countdown."

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