S&P Plances Volkswagen AG (VLKAY) Ratings on CreditWatch Negative

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VW brand development chief Neusser to leave: Spiegel

September 24, 2015 8:21 AM EDT

FRANKFURT (Reuters) - VW brand development chief Heinz-Jakob Neusser will join the ranks of senior Volkswagen managers forced to leave the carmaker in the wake of its diesel emissions scandal, German weekly Spiegel reported on Thursday, citing no sources.

Volkswagen declined to comment on the Spiegel report.

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BMW Stock Craters on Reports Its X3 May Have Emission Issues

September 24, 2015 6:40 AM EDT

Shares of BMW AG sank over 9% in German trading Thursday following reports its X3 xDrive 20d sport utility vehicle emitted as much as 11 times the European limit. The news follows the Volkswagen AG emissions scandal this week that gutted the stock and led to the departure its... More