Under the provocative headline «VW Toys With Giving Up the U.S. Mass Market,» Bloomberg reports that global brand chief Herbert Diess told dealers at the Detroit auto show that VW should stop trying to compete with Toyota and Honda and «focus on higher - end models.» (automobilemag.com)
WOLFSBURG, Germany / SAN FRANCISCO (Reuters)- Volkswagen will no longer offer diesel vehicles in the United States, its global brand chief said on Tuesday, ending speculation the company might return to the technology after its emissions scandal fades from memory. (reuters.com)
Volkwagen's board has ousted CEO Mattias Müller, replacing him with VW brand chief Herbert Diess, CNBC confirmed Thursday. (cnbc.com)