Christoph Rauwald and Eyk Henning

Business

VW Considers Options for Record $3.6 Billion Dividend

New Volkswagen Passat automobiles are transported on a railway vehicle carrier outside the inactive VW automobile factory in Zwickau, Germany, on April 2. New Volkswagen Passat automobiles are transported on a railway vehicle carrier outside the inactive VW automobile factory in Zwickau, Germany, on April 2. (Krisztian Bocsi/Bloomberg News)

Volkswagen AG is considering whether to pay out a record 3.3 billion-euro ($3.6 billion) dividend as planned, or use at least part of it to shore up its finances for what is shaping up to be the biggest economic crisis since World War II.

April 8, 2020
Business, Equipment

Brake Manufacturer Knorr-Bremse Plans IPO

Bendix/Knorr-Bremse booth at MATS The Bendix booth at the Mid-America Trucking Show in March. (John Sommers II for Transport Topics)

Knorr-Bremse AG has opted to list shares in Frankfurt later this year after majority billionaire owner Heinz Hermann Thiele explored a range of strategic options for one of the world’s largest makers of truck and train brakes.

September 17, 2018