In a new twist in Volkswagen’s diesel emissions cheating scandal, a high-profile ex-official for the automaker has been reportedly arrested by the FBI on charges of conspiracy to defraud the United States. On Saturday, the Federal Bureau of Investigation detained Oliver Schmidt, who headed Volkswagen’s regulatory compliance office in the United States from 2014 to March 2015, the New York Times... 

Volkswagen Group has displaced Toyota for the first time as the world’s largest car manufacturer in terms of production. The German carmaker produced 4.4 million vehicles in the first nine months of the year, overtaking its Japanese rival by 400,000 units, consulting firm IHS Global Insight said on Wednesday. Volkswagen Group owns a variety of models such as Skoda and Seat and high-end lines...