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Articles by Christian Stampfer

VW to Pay $4.3 Billion in Dieselgate Criminal and Civil Settlement

VW to Pay $4.3 Billion in Dieselgate Criminal and Civil Settlement

DETROIT—Beleaguered German automaker Volkswagen said Wednesday it had reached a $4.3 billion settlement with the U.S. government over the Dieselgate scandal.
As part of the deal, the company will plead guilty to misconduct for deliberately selling diesel-powered cars that did not meet federal emissions regulations.
“Volkswagen deeply regrets the behavior that gave rise to the diesel crisis,” said Matthias Müller, the company’s CEO.
The company said that the resolution is comprised of four …

Report from Detroit – Highlights from the 2017 North American International Auto Show

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DETROIT—The North American International Auto Show remains one of the most important auto shows in the automotive industry. However, over the past years the Consumer Electronics Show in Las Vegas has gained significant importance. The Detroit show is held at the Cobo Center in Detroit and starts with two press days on January 9 and 10, followed by two industry preview days and a charity day. On Saturday, January 14 …

Senior VW Exec Arrested in Miami over Dieselgate

Senior VW Exec Arrested in Miami over Dieselgate

DETROIT—A top Volkswagen executive was arrested Saturday evening as he prepared to board a flight from Miami to Germany, accused of deceiving federal regulators about the use of special software that cheated on emissions tests.
Oliver Schmidt, who as general manager of the engineering and environmental office for VW of America had served as the beleaguered automaker’s top emissions compliance executive in the United States, was charged with defrauding the government …

At CES 2017, Auto Industry Asks ‘How Are We Driving Tomorrow?’

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DETROIT—Over the past years, the Consumer Electronics Show in Las Vegas has gained significant importance for the automotive industry, despite it being held immediately prior to the North American International Auto Show in Detroit. The question of “How are we driving tomorrow?” was the central focus of every car manufacturer at this year’s show.
For 2017, the automakers in attendance included BMW, Mercedes-Benz, Toyota, and Volkswagen. Additionally, new competitors in the …

The Strange Tradition of ‘Dinner for One’ and ‘Dinner for One’ Reviews

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MUNICH — If we think of a tradition, we commonly remember behaviors or actions we had already known for some time. The word itself derives from the Latin term “tradere,” which means to transmit or hand over something. Passing on traditions has become human nature, performed from generation to generation.
One such tradition, which was passed on to me, is watching “Dinner for One,” an 18-minute television sketch from 1963. Every …

Upgrade Planned for Copenhagen Airport

Upgrade Planned for Copenhagen Airport

Copenhagen Airport may be getting a makeover.
TThe Danish government announced a 20 billion kroner ($2.8 billion) plan that calls for the expansion of the western part of the airport allowing more aircraft to park at one time.
The airport currently provides 108 jet bridge and remote parking stands and the airport’s CEO, Thomas Woldbye, said that traffic has increased greatly in recent years and that the airport would run out of …

Air Berlin Appoints Lufthansa Executive as New CEO

Air Berlin Appoints Lufthansa Executive as New CEO

MUNICH—Air Berlin announced the appointment of a new CEO, Thomas Winkelmann late Sunday.
The Berlin-based carrier said that Winkelmann will succeed its current CEO, Stefan Pichler, on February 1, 2017. Pichler assumed the position two years ago.
Winkelmann previously served as the CEO of Lufthansa’s low-cost carrier Germanwings from 2006 through 2015 and was later manager of that airline’s Munich hub.
The upheaval in the C-suite comes at a time when Air Berlin …