Volkswagen Scandal
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Volkswagen To Fix, Buy Back More Polluting US Diesel Vehicles
The settlement deal covered luxury VW, Audi and Porsche vehicles with 3.0-litre engines, meaning Volkswagen has now agreed to spend as much as $17.5 billion in the US to resolve claims from owners as well as federal and state regulators over polluting diesel vehicles.
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Swiss Set To Drop Criminal Probe Of VW Emissions Scandal
The Office of the Attorney General said it had informed the German carmaker and its Swiss dealership arm this month "that it considers the investigation to be complete and intends to drop the case," it said in a statement.
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Mass "Dieselgate" Suit Against Volkswagen Over Emission Cheating Scandal
Volkswagen will on Thursday get a taste of the anger felt by duped German diesel drivers when consumer groups file the country's first class-action suit over an emissions cheating scandal.
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Volkswagen Reaches $157 Million Diesel Settlement With 10 US States
German automaker Volkswagen AG said Thursday it reached a settlement with 10 US states on environmental and consumer claims stemming from its emissions cheating scandal.
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Volkswagen Pleads Guilty In Emissions Scandal, Agrees To Pay $4.3 Billion
Six high-level Volkswagen employees have been indicted by a grand jury in the company's emissions cheating scandal, as the company admitted wrongdoing and agreed to pay a record $4.3 billion penalty.
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Volkswagen To Fix, Buy Back More Polluting US Diesel Vehicles
The settlement deal covered luxury VW, Audi and Porsche vehicles with 3.0-litre engines, meaning Volkswagen has now agreed to spend as much as $17.5 billion in the US to resolve claims from owners as well as federal and state regulators over polluting diesel vehicles.
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Volkswagen Board To Discuss Brand Overhaul On November 4: Sources
The supervisory board of Volkswagen will hold an extraordinary meeting on Friday, Nov. 4, to consult on a wide-ranging restructuring of the carmaker, two supervisory board sources told Reuters on Wednesday.
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Five Things To Know About Volkswagen's 'Dieselgate' Scandal
It has been a year since Volkswagen admitted to fitting millions of cars with cheating software to dupe emissions tests, plunging the German auto giant into one of the biggest scandals ever to hit the industry.
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Volkswagen, US Justice Department Discuss Settling Criminal Probe: Sources
Volkswagen AG and the U.S. Justice Department have held preliminary settlement talks about resolving a criminal probe into the automaker's diesel emissions scandal, two sources briefed on the matter said.
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Volkswagen Still Long Way From Drawing Line Under Engine-Rigging Scandal
Volkswagen cleared a big hurdle with a US deal over compensation for its engine-rigging scam, but the embattled auto giant is still a long way from drawing a line under the affair, observers say.
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Volkswagen's US Diesel Emissions Settlement To Cost $15 Billion: Report
Volkswagen AG's settlement with nearly 500,000 U.S. diesel owners and government regulators over polluting vehicles is valued at more than $15 billion cash, two sources briefed on the matter said.
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German Prosecutors Open Probe Into VW Ex-Boss Martin Winterkorn
Volkswagen's former boss Martin Winterkorn is under investigation for having allegedly manipulated the market by holding back information about emissions cheating at the automobile giant, German prosecutors said Monday.
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Germany Probes Volkswagen Staffer For 'Destroying Proof' Of Fraud
German authorities investigating the Volkswagen pollution cheating scandal have opened a probe into a Volkswagon employee suspected of having destroyed evidence of the fraud, AFP learnt on Thursday.
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Volkswagen Profits Whiplashed By 'Dieselgate' Scandal
Profits for the January-March period fell to 2.37 billion euros from 2.93 billion euros a year earlier, the company said.
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Scandal-Hit Volkswagen Gives Staff 3,950-Euro Bonus
German auto giant Volkswagen announced Friday it is giving its staff a 3,950-euro bonus for 2015, despite suffering huge losses due to an emissions-cheating scandal which sent shockwaves through the industry.
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Volkswagen To Fix, Buy Back More Polluting US Diesel Vehicles
The settlement deal covered luxury VW, Audi and Porsche vehicles with 3.0-litre engines, meaning Volkswagen has now agreed to spend as much as $17.5 billion in the US to resolve claims from owners as well as federal and state regulators over polluting diesel vehicles.
-
Swiss Set To Drop Criminal Probe Of VW Emissions Scandal
The Office of the Attorney General said it had informed the German carmaker and its Swiss dealership arm this month "that it considers the investigation to be complete and intends to drop the case," it said in a statement.
-
Mass "Dieselgate" Suit Against Volkswagen Over Emission Cheating Scandal
Volkswagen will on Thursday get a taste of the anger felt by duped German diesel drivers when consumer groups file the country's first class-action suit over an emissions cheating scandal.
-
Volkswagen Reaches $157 Million Diesel Settlement With 10 US States
German automaker Volkswagen AG said Thursday it reached a settlement with 10 US states on environmental and consumer claims stemming from its emissions cheating scandal.
-
Volkswagen Pleads Guilty In Emissions Scandal, Agrees To Pay $4.3 Billion
Six high-level Volkswagen employees have been indicted by a grand jury in the company's emissions cheating scandal, as the company admitted wrongdoing and agreed to pay a record $4.3 billion penalty.
-
Volkswagen To Fix, Buy Back More Polluting US Diesel Vehicles
The settlement deal covered luxury VW, Audi and Porsche vehicles with 3.0-litre engines, meaning Volkswagen has now agreed to spend as much as $17.5 billion in the US to resolve claims from owners as well as federal and state regulators over polluting diesel vehicles.
-
Volkswagen Board To Discuss Brand Overhaul On November 4: Sources
The supervisory board of Volkswagen will hold an extraordinary meeting on Friday, Nov. 4, to consult on a wide-ranging restructuring of the carmaker, two supervisory board sources told Reuters on Wednesday.
-
Five Things To Know About Volkswagen's 'Dieselgate' Scandal
It has been a year since Volkswagen admitted to fitting millions of cars with cheating software to dupe emissions tests, plunging the German auto giant into one of the biggest scandals ever to hit the industry.
-
Volkswagen, US Justice Department Discuss Settling Criminal Probe: Sources
Volkswagen AG and the U.S. Justice Department have held preliminary settlement talks about resolving a criminal probe into the automaker's diesel emissions scandal, two sources briefed on the matter said.
-
Volkswagen Still Long Way From Drawing Line Under Engine-Rigging Scandal
Volkswagen cleared a big hurdle with a US deal over compensation for its engine-rigging scam, but the embattled auto giant is still a long way from drawing a line under the affair, observers say.
-
Volkswagen's US Diesel Emissions Settlement To Cost $15 Billion: Report
Volkswagen AG's settlement with nearly 500,000 U.S. diesel owners and government regulators over polluting vehicles is valued at more than $15 billion cash, two sources briefed on the matter said.
-
German Prosecutors Open Probe Into VW Ex-Boss Martin Winterkorn
Volkswagen's former boss Martin Winterkorn is under investigation for having allegedly manipulated the market by holding back information about emissions cheating at the automobile giant, German prosecutors said Monday.
-
Germany Probes Volkswagen Staffer For 'Destroying Proof' Of Fraud
German authorities investigating the Volkswagen pollution cheating scandal have opened a probe into a Volkswagon employee suspected of having destroyed evidence of the fraud, AFP learnt on Thursday.
-
Volkswagen Profits Whiplashed By 'Dieselgate' Scandal
Profits for the January-March period fell to 2.37 billion euros from 2.93 billion euros a year earlier, the company said.
-
Scandal-Hit Volkswagen Gives Staff 3,950-Euro Bonus
German auto giant Volkswagen announced Friday it is giving its staff a 3,950-euro bonus for 2015, despite suffering huge losses due to an emissions-cheating scandal which sent shockwaves through the industry.
