German state premier on defensive over close ties with VW

6 Aug by

German state premier on defensive over close ties with VW

German state premier on defensive over close ties with VW

The government of Germany’s Lower Saxony, which holds a fifth of Volkswagen’s (VOWG_p.DE) voting rights, on Sunday denied a newspaper report that its premier softened speeches critical of the carmaker in the diesel emissions scandal at the company’s request. Premier Stephan Weil, already facing an unexpected election after the defection of a member of his ruling coalition to Chancellor Angela Merkel’s conservatives, is under fire for what some see as a too-cozy relationship with VW. The mass circulation newspaper Bild am Sonntag quoted a VW employee as saying that the company “rewrote and watered down” an October 2015 speech by Weil to the state legislature about the diesel scandal after Weil shared a draft with the company.

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Source:: https://finance.yahoo.com/news/german-state-premier-defensive-over-124128150.html

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