Tag Archives: Audi

VW’s Audi R&D head to be suspended over emissions scandal – Bild am Sonntag

Volkswagen’s (VOWG_p.DE) Audi head of development will be suspended this coming week as part of the investigation into an emissions scandal, Bild am Sonntag reported citing sources. Investigations by Jones Day have shown that Stefan Knirsch, an Audi board member, knew about the use of cheat software in 3.0 litre diesel engines and gave a false promise under… Read More »

VW’s Audi steps up collaboration with Chinese tech groups

Volkswagen’s (VOWG_p.DE) luxury car unit Audi has agreed to deepen collaboration with Chinese internet technology groups to offer more digital services in the world’s largest car market. Audi and FAW-Volkswagen, VW’s joint venture with FAW Car Co Ltd (000800.SZ), have signed letters of intent with Alibaba (BABA.N), Baidu (BIDU.O) and Tencent (0700.HK), Audi said on Sunday. Financial terms… Read More »

British businesses ‘lazy and fat’, pro-Brexit trade minister says

Britain as a trading nation has become “too lazy and too fat” and business leaders are more interested in playing golf on Friday afternoons than in seeking new export markets, International Trade Secretary Liam Fox was recorded saying. Fox, who was a prominent campaigner for Britain to leave the European Union and says the country must forge new… Read More »