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... 

Ferdinand Alexander Porsche, the man responsible for creating one of the world’s most iconic cars, has died in Germany. A statement from the German company confirmed Professor Porsche, grandson of company founder Ferdinand Porsche, had passed away in Salzburg. The designer, nicknamed Butzi, joined the family company in 1956 where he worked in the technical design department. In 1962 he was made... 

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... 

Volkswagen are planning a total takeover of Porsche, revising earlier reports that VW was only buying half of the sports car giant, news magazine Der Spiegel said Saturday. According the magazine, the sale will be completed in two stages – first 49.9 percent will be taken over, as had been reported this week, then VW will move to buy the rest of the company. Porsche are to receive around €8 billion...