Diess will be succeeded in his role by Porsche boss Oliver Blume, according to the carmaker.
The German car giant has claimed its presence in Xinjiang has a positive impact despite reports of ongoing human rights abuses. VW is also facing accusations of using slave labor in Brazil under the former dictatorship.
15 Jul 2021
Owners of VW cars in the Netherlands will be entitled to compensation of between €1,500 and €3,000 over the diesel emissions scandal, an Amsterdam court ruled.
28 Jun 2021
The German automobile giant has now set a timeline for its exit from combustion engine cars. The changes will affect Europe first, with the US and China to follow "a little later."
27 Mar 2021
The auto group says past executives breached their "duty of care." Both ex-Volkswagen and Audi CEOs, Martin Winterkorn and Rupert Stadler, have rejected the accusations.
9 Sep 2020
The German automobile maker has expressed grave concerns over the use of Nazi imagery by a Mexican distributor. Volkswagen said it "strongly" disapproved of showing such images at affiliated facilities.
31 Jul 2020
Nearly 50 hours of secretly recorded conversations appear to show Volkswagen engaging in legally dubious behavior in a dispute with a supplier. Now the carmaker is investigating who released them to the media.
30 Nov 2019
VW is under pressure for working with the Chinese government in Xinjiang after evidence of human rights abuses against Uighurs in the region. Meanwhile, the German and US governments urged China to uphold human rights.
22 Nov 2019
German carmakers Daimler, BMW and Volkswagen have been ordered to pay €100 million for forming a cartel to fix steel prices. Germany's competition watchdog has zeroed in the steel industry in recent years.
1 Oct 2019
What has the 'dieselgate' scandal cost Volkswagen?
21 Sep 2019
Volkswagen has agreed to pay out millions over a class-action suit brought by about 100,000 Australian consumers. The company has paid billions to US and Canadian consumers and faces a second Australian lawsuit.
27 Aug 2019
The man who built Volkswagen into the world’s largest carmaker has died at age 82. Ferdinand Piech became CEO of struggling VW in the 1990s and he successfully returned the automaker to profit and laid the groundwork for its dominance in the sector with his acquisition of Porche. Bloomberg’s Chris Bryant discusses his legacy on “Bloomberg Markets: European Open.” Bryant is a Bloomberg Opinion columnist. The opinions expressed are his own.