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VW executives to accept 'sharp reductions' in bonuses

Carmaker struggles to stem further fallout as issue is causing ripples in political circles
Thursday, April 14, 2016 - 05:50

Mr Mueller (right) and Mr Poetsch. The former had been quick to prescribe belt-tightening to the carmaker's 600,000-strong workforce in the wake of the global scandal.


VOLKSWAGEN'S top executives are willing to accept "sharp reductions" in their annual bonuses as the carmaker struggles to stem the fallout from its massive engine-rigging scandal, the regional state premier of Lower Saxony, where VW is based, said on Wednesday.


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