A German court opened proceedings Monday in a landmark case in which some 470,000 consumers aim to establish a right to compensation from automaker Volkswagen for cars affected by the company's diesel emissions scandal. The case, brought by the Federation...
Volkswagen has agreed to pay up to 127 million Australian dollars ($87 million) to settle an Australian class action stemming from the 2015 diesel emissions scandal, the German automaker and a lawyer said Monday. The settlement was announced in the...
German prosecutors have fined auto parts and technology company Bosch 90 million euros ($100 million) over its role in the diesel emissions scandal that erupted at Volkswagen in 2015. Prosecutors in Stuttgart said Thursday that the company, formally called Robert...
Automaker Volkswagen AG says it is investing 1 billion euros ($1. 12 billion) to set up a battery production plant in Germany. Chief executive Herbert Diess said Tuesday that the factory is part of the company's effort to electrify its...
U. S. regulators charged Volkswagen and former CEO Martin Winterkorn with defrauding investors during its massive diesel emissions scandal. The charges from the U. S. Securities and Exchange Commission come two years after the German automaker settled with the U...
Volkswagen's new CEO, Herbert Diess, has vowed to build a more ethical culture after the company's diesel emissions scandal and outlined a new structure aimed at streamlining decision-making at the sprawling company.Diess said Thursday at the shareholder m
A judge on Wednesday sentenced a Volkswagen senior manager to seven years in prison for covering up a scheme to evade pollution limits on U.S. diesel vehicles, calling it an astonishing fraud on American consumers.Oliver Schmidt, who is the second...
Researchers say there have been more than 4,500 premature deaths annually in Europe because diesel cars emitted higher levels of pollution than claimed.The study comes two years after Volkswagen was caught cheating on emissions tests in the U.S. The tiny...
