In this Sept. 26, 2015 file photo a giant logo of the German car manufacturer Volkswagen is pictured on top of a company's factory building in Wolfsburg, Germany. (AP Photo/Michael Sohn, file)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Volkswagen said Wednesday that its top managers' bonuses will be cut significantly, citing the need to send a "signal" on executives' pay following the automaker's diesel emissions scandal.The supervisory board, which is the German equivalent of a board of directors, would not be affected, except for chairman Hans Dieter Poetsch – the company's chief financial officer until he switched jobs late last year. Volkswagen said this was "at his own request". On Sept. 22, Volkswagen said about 11 million diesel vehicles worldwide were fitted with the software.Volkswagen's 2015 results originally were supposed to be released March 10, but the company shifted them to the end of April because of "open questions" related to the costs of the emissions scandal.
FOLLOW THIS ARTICLE