Martin Winterkorn
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Statements from the boards of directors of automakers are generally dry, dispassionate, and formal. So the language of a terse item issued yesterday by the board of Volkswagen Group was remarkable in its directness. Not to mention its inferences about the company's former CEO Ferdinand Piech, who remains a powerful and major shareholder. DON'T MISS: VW's home state calls diesel actions 'inexcusable' as scandal expands (Nov 2016) The statement summary read, "The Supervisory Board of Volkswagen AG emphatically repudiates the assertions made by Ferdinand Piëch as reported recently in the...
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VW diesel probe finally reaches to top; former CEO Winterkorn investigated by German prosecutors
German prosecutors have extended a probe into Volkswagen's use of "defeat device" software in diesel cars to former CEO Martin Winterkorn. Winterkorn, who resigned shortly after the existence of VW "defeat device" software was revealed by the EPA, has said he had no knowledge of the...
Stephen Edelstein -
VW diesel deception known by highest execs, lawsuits say
Every scandal comes down to a set of related questions: who knew what, and when did they know it? Thus far, in the VW diesel emission scandal, those questions remain unanswered. A report from an independent inquiry into the entire chain of events, commissioned by VW Group and conducted by law firm...
John Voelcker -
VW CEO Tipped Off About U.S. Diesel Probe Earlier Than Previously Known
Did Volkswagen CEO Martin Winterkorn know about the company’s “defeat device” built into its diesel vehicles, and the impending scandal, as early as May 2014? Based on some information recently leaked to a German newspaper, Bild-Zeitung, it’s become a possibility he might...
Bengt Halvorson -
Solid-State Batteries For Electric Cars: 'Great Potential,' VW CEO Says
VW CEO Martin Winterkorn showed interest in solid-state batteries during a recent speech.
Stephen Edelstein -
European Auto Industry Asks For Higher Carbon Emission Limits
Led by Volkswagen CEO Martin Winterkorn, carmakers are asking for less-strict European emissions standards.
Stephen Edelstein -
As a group, German automakers have not been at the front of the move toward plug-in electric cars. Nonetheless, Volkswagen Group will be the world leader in electric and hybrid cars by 2018. It says. The bold claim came not from an offhand comment by an executive at this week's Frankfurt Auto Show, but in a press release announcing that the VW Group had set its "sights on market leadership in electric mobility by 2018." “We are starting at exactly the right time," said Group CEO Martin Winterkorn before the show. "We are electrifying all vehicle classes, and therefore have everything we...
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Hydrogen Fuel-Cell Cars Not Viable, Says Volkswagen CEO
Leave it to the Germans to be blunt. Volkswagen Group CEO Martin Winterkorn has rendered his company's verdict on the future of hydrogen fuel-cell vehicles: They're not viable. Fuel-cell cars suffer from a lack of infrastructure, he said, will be far too costly for consumers, and use a fuel that...
John Voelcker -
VW Commits To Launching Hybrid Option On Every Model: Report
It appears Volkswagen is copying Toyota’s commitment to offer a hybrid option on every model in its lineup, if the latest comments from the automaker’s CEO, Martin Winterkorn, are to be believed. The German auto giant sees hybrids, more specifically, range-extended plug-in hybrids, as...
Viknesh Vijayenthiran -
Volkswagen Forms Research Alliance To Help Spur EV Development
When it comes to electric vehicle (EV) development, even auto giants like Toyota and Daimler are partnering up with smaller specialist firms--in this case Tesla--to benefit from technology sharing and other synergies in their quest to become leaders in the field. So it should come as no surprise...
Viknesh Vijayenthiran