VW board suspends R&D heads of core brand, Audi, Porsche: sources
[BERLIN] Volkswagen has suspended the R&D chiefs of its core VW brand, luxury division Audi and sports-car maker Porsche, sources familiar with the matter said on Monday.
The carmaker's supervisory board last Friday agreed to put a number of employees on leave until the details of VW's emissions cheating scandal were cleared up, without providing names.
Reuters reported last Thursday that VW would fire top brand executives as it tries to recover from the scandal.
Audi, VW and Porsche declined comment.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
India’s IndiGo gets into long haul game with Airbus A350 deal
Hertz reports US$392 million loss as it unwinds Tesla fleet burden
Changi Airport’s Q1 passenger movements surpass pre-pandemic levels
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race