VW has lured a second top manager away from BMW, hiring Markus Duesmann as the new chief executive of its subsidiary Audi. It’s a chance to finally close the Dieselgate chapter, catch up with rivals and go electric.
Jul 24, 2018 in
Opposition from activist investors spurred Heinrich Hiesinger to step down just days after closing a hard-won merger deal with Tata Steel.
Jul 06, 2018 in
ThyssenKrupp and Tata Steel have finally agreed to merge their steel businesses. But opposition from a major shareholder suggests major strategic differences.
Jul 02, 2018 in
Senior figures on VW’s supervisory board are alarmed at the slow pace of its internal Dieselgate investigation, highlighted by US criminal charges brought last week against its former CEO.
May 07, 2018 in
Before ThyssenKrupp’s boss can revamp the company, he must spin off its European steel business and quell calls by an investor for a more radical overhaul.
Mar 26, 2018 in
An IPO of the unit, which includes Scania and MAN trucks, could come in early 2019.
Mar 04, 2018 in
Already suffering from allegations of bribery and cost overruns on several naval orders, ThyssenKrupp Marine Systems has now been barred from bidding to build Germany's next generation of battleships.
Mar 02, 2018 in
German officials believe Audi manipulated 210,000 vehicles sold in Europe and the US to cheat exhaust level tests. The investigation has now taken on a new dimension.
Feb 06, 2018 in
Softbank, the giant Japanese technology company, hopes to make a German used-car platform a global business.
Jan 24, 2018 in
On the heels of a new diesel scandal, Audi management wants to turn the page by bringing new models and fresh designs to market.
Jan 22, 2018 in
Volkswagen’s CEO says the carmaker is set on overhauling its culture. But old habits die hard, and an American outsider could be the real catalyst for change.
Sep 18, 2017 in
Swedish carmaker Volvo is hoping to break into the German luxury niche with a stable of almost all-electric vehicles.
Aug 31, 2017 in
A little-known German businessman is trying to create a German steel giant by derailing the proposed merger of Tata Steel and ThyssenKrupp's steel division.
Aug 23, 2017 in
Lower Saxony's state premier sits on the supervisory board of scandal-plagued Volkswagen. In an interview he sharply criticizes the carmaker, but insists his own position is perfectly sound.
Aug 21, 2017 in
Israel steps up an inquiry into possible bribery in warship negotiations. Cancellation of the deal could damage Germany’s stature as a purveyor of warships.
Jul 18, 2017 in