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Volkswagen diesel scandal may ensnare more employees

  Bloomberg Volkswagen AG chairman Hans Dieter Poetsch said the number of employees implicated in its diesel-emissions scandal could rise beyond those identified so far, highlighting the struggles the German carmaker faces to resolve the deepest crisis in its history. US authorities asked VW to refrain from taking steps against some employees in order to not jeopardize ongoing investigations, Poetsch ...

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Mitsubishi to debut new SUV model in Europe

  Bloomberg Mitsubishi Motors Corp. will unveil a sport utility vehicle that will debut in Europe, its first new model since joining the Renault-Nissan alliance, as Chairman Carlos Ghosn strengthens the Japanese company’s credentials as an SUV brand. The Eclipse Cross compact SUV coupe to be revealed at the Geneva auto show on Tuesday will be shipped to its second-biggest ...

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German factory orders slump on ‘investment’

  Bloomberg German factory orders plunged at the steepest pace in eight years as demand for investment goods weakened. Orders, adjusted for seasonal swings and inflation, fell 7.4 percent from December, when they increased 5.2 percent, data from the Economy Ministry in Berlin showed on Tuesday. That’s the biggest drop since January 2009. The typically volatile reading compares with a ...

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