VW manipulated world measurement data at eleven million vehicles in Germany alone, the Group must recall 2.4 million diesel cars. The leadership of the group knew well before the manipulations in the United States, as initially added
The facts:. Volkswagen has begun prepare the callbacks in the exhaust affair. On some models, the action should, however, still slow – about the Passat (12.4 / 13:48). There is also controversy over the management bonuses. The board wants to keep the premium. The state of Lower Saxony tried to stop the bonus payments. (10.4 / 11.4). Other problems threaten the American FBI: The Authority asserts Volkswagen have already lied in 2013 about emissions. (April 3 / 19:15)
VW works council head urges voluntary bonuses waiver
Tuesday, 1 April, 11:20: the council boss of Volkswagen, Bernd Osterloh, has claimed in an interview with the newspaper “Handelsblatt” a voluntary renunciation of the Management Board on the bonuses for the year, 2015. “I have warned in the autumn, the Group Management Board in view of the many problems with the Dieseläffäre with restraint may,” Osterloh said. He was angry that the board still not submitted an acceptable proposal for a bonus waiver. “It is also about morality”. However, he knows also that “a waiver on ethical grounds is only once a voluntary decision of the Board”.
Lower Saxony Prime Minister Weil expected end of bonuses dispute this week
Monday, April 18, 00.00 h Lower Saxony Prime Minister Stephen Weil (SPD) expected in the dispute over millions of bonuses for board members of VW by the end of the week a friendly solution
with in an interview. the Monday edition of “Bild” said Weil, a member of the VW supervisory board is: “It’s at the bonuses not to the economic success or failure of a year, but a longer period. But I am confident that we will see next week in Supervisory quite a reasonable and acceptable solution for both sides. “
Because showed sympathy for demands, the VW board members should completely renounce their bonuses. “I can understand the public discussion. The task now is to find a fair balance between contractual basis and legitimate public expectations, “Weil told” Bild “.
He can understand,” when citizens say do not have the Volkswagen workers on tape the company brewed up the mess. Even so we sat down on a massive scale for the jobs. “Because commented also confident that we have clarified the direct consequences of the VW affair until the summer. on the question of whether the VW affair with regulation of “No, not, of course, but I am hopeful that we have regulated the direct consequences up to the summer holidays – so VW is back on an ordinary street in the second half of the lumber slope..” <: Boni-question was terminated because answered / p>
VW holds chief US Woebcken firmly
Friday, April 15 22:58: Despite last critical statements by traders , Volkswagen (VW) in the US state leader Hinrich Woebcken firmly. The previously active as interim successor to the suddenly retired Michael Horn former BMW managers remain CEO of Volkswagen Group of America, said Volkswagen boss Herbert Diess on Friday. Last
VW board had the influential US-Association of VW dealers, the Horn wore on his hands, had indignation over “mismanagement” and Woebcken, who is also head of the North America region, so that a confidence vote given. Accepted Boni-cuts
11:25: the Volkswagen Corporation lowers the performance-related bonuses of top managers by 30 percent, as the ZDF reported. Supervisory board chairman Hans Dieter Pötsch will retroactively waive compensation payments in the millions. Lower Saxony Prime Minister Weil Stepahn welcomed as a representative of the major shareholder Lower Saxony step.
The matter will be treated according to the report today in the Lower Saxony Parliament. Because insisted on significant cuts of the controversial bonuses. Due to the exhaust affair criticism of the planned amount of the bonuses had become loud.
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+ 1.85 (+ 1, 67%)
New bad news: VW must move Passat recall - because of insoluble problems
13:48 pM: the bad news for the diesel-recall of VW endless: Because currently insoluble problems the overdue start the workshop action for the Passat will be delayed by several weeks. Instead, Volkswagen wants to a spokesman other vehicles - including the Gulf - formerly beordern in the workshops. "We are now with the Federal Motor Transport Authority (KBA) talk and think about how we can choose the next cluster concretely," it said on Tuesday from Wolfsburg on request of the German Press Agency.
When the first Golf models could then appear in the workshops, is ultimately subject to the approval of the authority. From the group's circles told dpa that optimistic voices still hope for the green light in April.
At the same time, the investigations would continue the Passat. "But this will take a few more weeks. We also need to revise the software continues to convert the vehicles according to the specifications can," the spokesman explained.
For the time corridor at Passat is VW declined to comment. After dpa information, the callback could be delayed even until June. He should already start in early March. But the KBA denied for weeks the release. Official reasons call for neither VW nor the KBA
circles. VW board wants to part of the bonus payments renounce
9:53 The Board of Volkswagen wants voluntarily forego for information of the German Press Agency on some of the controversial bonus payments. In the VW-tip would advise on Tuesday, sources in group circles. A proposal to lay on the table, details were not immediately known. A VW spokesman in Wolfsburg wanted to discussing not comment.
The six-member presidium of the supervisory board had not been able to agree on a regulation on the multi-million dollar compensation on Monday. After dpa information the council, the state of Lower Saxony and the IG Metall in favor because of the exhaust scandal achieve substantial reductions in special payments for the board
Winterkorn would waive his bonus -. At least partially
Tuesday, April 12 08:05: the retired due to exhaust scandal former VW CEO Martin Winterkorn logs in the debate about a reduction or even elimination of bonuses for top executives to speak: He was prepared to voluntary partial waiver, Winterkorn told the "Handelsblatt"
the price of Volkswagen's preferred shares
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