The German carmaker’s investment, comes months after General Motors injected $500 million into US ride-hailing app Lyft, the FT reports. » Read More
Former GM Vice Chairman Bob Lutz tells CNBC he would not know where to start if he were the next CEO of Volkswagen.
Squawk Box Live in Europe had all the news and analysis on the unfolding emissions scandal.
Here are some of the winners and losers of the biggest scandal to hit Volkswagen in its 78-year old history.
For a year, VW officials insisted to U.S. regulators that tests on its diesel cars showing a spike in pollution levels on the road were in error.
Jim Cramer takes the German word ‘schadenfreude’ to its logical conclusion with Volkswagen.
Jim Cramer thinks this market is irrational right now, and stocks are headed lower. The key is patience.
"You now have a passionate constituency that feels betrayed," said Mike Jackson, CEO of Florida-based AutoNation.
Shares of BMW drop sharply on a report that its diesel engines "significantly" exceeded regulatory limits. VW's SEAT also implicated.
More than two years after researchers reported abnormalities in Volkswagen emissions, the automaker is engulfed in a scandal.
Matthias Muller, the current chief of Volkswagen subsidiary Porsche, is expected to be named CEO of Volkswagen, sources told CNBC.
Platinum gained ground after a four-day rout prompted by fears that auto industry demand could take a hit following the Volkswagen scandal.
One analyst says an automaker that competes with Volkswagen may have the right product formula to benefit now.
Volkswagen's emissions cheating scandal has divided investors on Asia's auto stocks.
European stocks closed sharply lower on Thursday, as the fallout from the Volkswagen emissions scandal caused auto stocks to tumble.
In light of the storm surrounding accusations that Volkswagen rigged their cars to pass emission tests in the U.S., CNBC looks at other auto scandals.
German business sentiment unexpectedly rose in September, the Ifo Institute said on Thursday.
Squawk Box Live in Europe had news and analysis on Volkswagen, after its CEO Martin Winterkorn resigned Wednesday.
Asian shares traded mixed on Thursday, with Japan's Nikkei 225 index lagging on its first day of trade following a five-day long weekend.
In Europe, some automakers have taped up test cars' doors and grilles to bolster their aerodynamics, the NYT reports.
Some hedge fund traders claimed to have bet against Volkswagen stock before news of the emissions cheating scandal broke, the FT reports.