Volkswagen could use bank-style clawback of CEO pay

Ideally, Winterkorn should shoulder his share of the financial pain. That would involve his employer clawing back some or all of his bonuses, akin to what banks have promised to do in the wake of......

Volkswagen chief faces grilling by board over diesel scandal

Volkswagen is under huge pressure to act, with its shares down more than a third in value since the crisis broke, and the bad news still coming. Image: Volkswagen chief executive Martin Winterkorn......

Volkswagen CEO's days appear numbered as emissions crisis deepens

The CEO was due to have his contract extended at a supervisory board meeting on Friday, but is now facing questions over why the scandal wasn't averted. Martin Winterkorn's days as head of......

What prompted Volkswagen to cheat on emission tests

Sales of Volkswagen cars in the US dropped around 12 per cent and the car maker was desperate to push sales to around 1 million cars in next three years. German carmaker Volkswagen is facing......

An end to speculations! Audi rules out entry into Formula One

A mechanic works on the AUdi R18 e-tron quattro. Photograph: Ker Robertson/Getty Images Germany's Audi has no plans to enter Formula One, the company said on Monday, seeking to end speculation......

Wait and watch! Formula One an option for Audi!

A mechanic works on the AUdi R18 e-tron quattro. Photograph: Ker Robertson/Getty Images Formula One remains an option for Audi, the German carmaker's chief executive Rupert Stadler was quoted as......