Herbert Diess

German automaker Volkswagen Group’s (OTC: VWAGY) CEO Herbert Diess on Tuesday berated the Group of Seven nations for failing to set an end-date for phasing out coal and called for more action to reach the 2030 climate goal to reduce greenhouse gas emissions to at least 55%...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk sought to hire Herbert Diess — currently, the CEO of Volkswagen AG (OTC: VWAGY), to lead Tesla in 2015, according to reports.  What Happened: Diess came close to assuming the mantle at Tesla and even had the contract in his hands, according to...

Volkswagen AG (OTC: VWAGY) OTC shares closed 29.25% higher on Wednesday. What Happened: The German automaker’s American Depository Shares have soared 52.43% since Friday’s closing. Last week, Volkswagen revealed its technology roadmap for batteries and charging up till the year 2030....

Volkswagen (OTC: VLKAF) CEO says the company is not worried about the prospect of an electric car from Apple Inc (NASDAQ: AAPL). What Happened: Rumors have been flying that the Sacramento-based tech giant might be getting ready to jump into the auto industry. In December,...

Volkswagen AG (OTC: VWAGY) CEO Herbert Diess said that the German automaker is making a move to shift away from gasoline guzzling vehicles to build more electric vehicles in order to better compete with Tesla Inc (NASDAQ: TSLA), Reuters reported Monday. What Happened: The company's...

Tesla Inc’s (NASDAQ: TSLA) Model Y is a reference car for other automakers, according to Volkswagen AG (OTC: VWAGY) Herbert Diess. What Happened: A day after he disclosed that the Palo Alto-based electric vehicle maker's CEO Elon Musk took a Volkswagen ID.3 vehicle on a test drive ...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk met with his Volkswagen AG (OTC: VWAGY) counterpart Herbert Diess at a small airport where the latter test drove ID.3 and ID.4 electric cars, according to a video released by the German automaker. What Happened: The meeting took place at the Braunschweig...

While Tesla Inc (NASDAQ: TSLA) grows and sells more electric vehicles and batteries, the company's ultimate goal is to transition the entire world to sustainable energy. CEO Elon Musk has said in the past that if another company develops better electric cars and puts Tesla out of business...

Tesla Inc (NASDAQ: TSLA) shares traded higher by 2.8% on Thursday morning after a German magazine suggested VOLKSWAGEN AG/ADR (OTC: VWAPY) may be interested in a buyout of Tesla. What Happened According to Manager Magazin, Volkswagen CEO Herbert Diess is “the biggest Tesla fan” and...

The pioneer of the assembly line is joining forces with the company that made The People’s Car. Ford Motor Company (NYSE: F) and Volkswagen AG (OTC: VLKAF)(OTC: VLKAY) announced Tuesday a collaboration that aims to develop commercial vans and medium-sized pickups as soon as 2022. Dearborn and...