The Volkswagen Group’s ability to repay debt has improved, according to UK-based credit rating agency Fitch Ratings. The agency raised the VW Group’s debt outlook to stable, from negative. It also reaffirmed the Group’s BBB+ long-term debt rating. Volkswagen had been rated at A, but with the...

Germany’s automobile authority, the KBA, has just approved a new round of TDI fixes that allows Volkswagen to fix another 460,000 cars. That number brings the total number of fixable vehicles to more than 5 million. The technical fix is for VW Group models with the smaller 1.2L TDI, which is...