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Financial Planning and Analysis
92% of CFOs Say They’re Fully Prepared for a Recession: Weekly Stat
CFO self-assurance around their performance, the economy, and their ability to ride out a recession are high, per recent CFO research.
By
Adam Zaki
| February 8, 2023
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Volkswagen
Risk & Compliance
EU Fines BMW, Volkswagen $1B Over Delaying Clean Emissions Technology
The carmakers were accused of breaching EU antitrust rules between 2006 to 2014.
By
Lauren Muskett
| July 8, 2021
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People
CFOs On the Move: Week Ending February 21
Vox, Volkswagen, Nike, Groupon, DuPont, House of Saka, Yelp, Mondi, Russel Metals, Endo International, TriNet
By
Lauren Muskett
| February 21, 2020
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Strategy
Tesla Delivers First ‘Made in China’ Vehicles
With the deliveries from the Shanghai plant, "China-made Model 3 vehicles will start running on China’s large streets and small lanes."
By
Matthew Heller
| December 30, 2019
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IPOs
Volkswagen Aims to Raise $2.1B From Truck Unit IPO
The carmaker plans to invest proceeds into transforming auto production as it readies to launch electric vehicles.
By
Lauren Muskett
| June 14, 2019
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Strategy
Volkswagen Wins Labor Support for Restructuring
Workers backed the restructuring after the automaker presented its new $1.1 billion battery plan.
By
Lauren Muskett
| May 14, 2019
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Technology
VW Charges up Spending on Electric Vehicles
The world’s largest automaker announces a $40 billion spending plan that will accelerate its shift away from combustion-engine vehicles.
By
Matthew Heller
| November 20, 2017
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Financial Performance
VW Adds $2.95B to ‘Dieselgate’ Scandal Costs
The automaker's latest writedown brings the total bill from its diesel emissions cheating scandal to more than $30 billion.
By
Matthew Heller
| September 29, 2017
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Credit
The CFO as ‘Chief Commercial Officer’
AutoGravity’s finance chief analyzes huge amounts of customer data to set strategy.
By
David Katz
| July 10, 2017
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Technology
VW Buys Canadian Mobile Payments Company
The acquisition of PayByPhone gives the automaker "a charter to focus on general mobility services.”
By
Matthew Heller
| December 28, 2016
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Legal
VW Extends $21 Billion Credit Line to June
The carmaker is still hoping to return to the bond market as it continues to deal with the fallout from its emissions scandal.
By
Matthew Heller
| November 28, 2016
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Risk & Compliance
Judge OKs $14.7B Settlement in VW Scandal
VW calls the approval of the deal with 475,000 vehicle owners "an important milestone in our journey to making things right in the United States."
By
Matthew Heller
| October 25, 2016
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Risk & Compliance
VW Posts $6B Loss on Emissions Scandal Costs
The loss reflects VW's writedown of $18.2 billion for costs related to the scandal and analysts predict the final number could reach $32 billion.
By
Katie Kuehner-Hebert
| April 22, 2016
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Risk Management
Moody’s Questions VW’s Response to Scandal
"The emission crisis might cause lasting damage to VW’s once-solid reputation with adverse effects on its future earnings and cash flows," says Moody's.
By
Matthew Heller
| October 27, 2015
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Technology
EPA Accuses VW of Cheating on Smog Tests
The agency says software installed in nearly half a million diesel cars enabled them to pass emission standards.
By
Katie Kuehner-Hebert
| September 21, 2015
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