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VW considers significant cut in executive bonuses: sources

Published 04/12/2016, 02:32 PM
© Reuters. Logo of Volkswagen is pictured on the wall at the 86th International Motor Show in Geneva
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BERLIN (Reuters) - Volkswagen (DE:VOWG_p) is moving toward a significant reduction in executive bonuses as the German carmaker grapples with the fallout from a diesel emissions scandal, people familiar with the matter said on Tuesday.

© Reuters. Logo of Volkswagen is pictured on the wall at the 86th International Motor Show in Geneva

Blueprints for executive compensation being discussed by Volkswagen's supervisory and management boards represent an "appropriate and fair solution" for all parties involved, the sources said.

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