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Volkswagen on Thursday hands over the reins to new CEO Oliver Blume.
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Volkswagen on Thursday hands over the reins to new CEO Oliver Blume.
Canada announced Tuesday tentative deals with Volkswagen and Mercedes-Benz.
German auto giant Volkswagen said Thursday that it was able to overcome global economic headwinds and supply chain issues.
The future CEO "will be judged on VW's success in China" and the US, two key markets where Volkswagen has struggled in recent times.
The change at the top comes as Volkswagen is aiming to become the world's biggest electric car manufacturer by 2025.
"There were grave and systematic violations of human rights, and Volkswagen is directly responsible," lead prosecutor Rafael Garcia told AFP.
Victims forced to work in slave-like conditions at a Brazilian property owned by Volkswagen during the country's dictatorship.
Volkswagen said it would pay £193 million ($242 million, 226 million euros) to British claimants over its 2015 diesel emissions tests cheating.
Volkswagen was able to "mitigate" the impact of supply bottlenecks for parts, such as semiconductors.
German auto giant Volkswagen said Thursday its first quarter operating profit increased significantly in 2022.