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The Foreign Desk

Ex-Magna CEO could take control of Volkswagen’s assets in Russia

NE Global - September 12, 2022

The Russian media reported that Volkswagen AG could sell its Russian business – including an assembly plant and an internal combustion engine producer –...

The end of the internal combustion engine

Kostis Geropoulos - August 20, 2021

With the EU’s Fit for 55 legislation package, the internal combustion engine is set to disappear: From 2035, all new registered vehicles in Europe...

EU antitrust chief fines VW, BMW €875 mln for restricting competition in emission cleaning

Kostis Geropoulos - July 9, 2021

Daimler, BMW Volkswagen Group have breached European Union’s antitrust rules by colluding on technical development in the area of nitrogen oxide cleaning, the EU’s...

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