Thu, 07 Nov 2024 21:48:59 GMT (1731016139209)
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5 years ago
German court opens hearings on consumer suit against VWA 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...
5 years ago
Prosecutors charge former Audi boss in emissions scandalGerman prosecutors have charged the former head of Audi, Volkswagen's luxury division, with fraud in connection with the sale of cars with software that enabled cheating on emissions tests, adding another chapter to VW's diesel scandal that has seen its...
6 years ago
VW's Porsche agrees to $598M fine in diesel caseVolkswagen's Porsche division says it has agreed with prosecutors to pay a 535 million euro ($598 million) fine for negligent oversight for installing engines that violated emissions norms. Porsche does not make diesel engines but got V6 and V8 powerplants...
6 years ago
Former Volkswagen CEO charged with fraud in GermanyGerman prosecutors have charged former Volkswagen CEO Martin Winterkorn and four others with fraud and other offenses in connection with the company's massive, multi-year effort to cheat on diesel emissions testing. Prosecutors said in a statement Monday that Winterkorn knew...
6 years ago
SEC charges Volkswagen, former CEO with defrauding investorsU. 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...
6 years ago
Volkswagen sets new full-year sales record in race for No 1German automaker Volkswagen posted another annual sales record in 2018 as new SUV models boosted deliveries and the company managed to increase its share in China even as the car market there shrank for the first time in years. The...
6 years ago
Audi fined $925 million in Germany over diesel emissionsGerman law enforcement authorities added another chapter to Volkswagen's diesel scandal Tuesday by fining the company's luxury division Audi 800 million euros ($925 million) for selling cars rigged to cheat on emissions tests. Prosecutors in Munich said Tuesday that the...
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