Fri, 08 Nov 2024 00:41:58 GMT (1731026518319)
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VOLKSWAGEN EMISSIONS SCANDAL
5 years ago
New SUV models boost BMW profits despite technology costsAutomaker BMW reported Wednesday that net profit increased 11. 5 percent from a year ago to 1. 55 billion euros ($1. 72 billion) in the third quarter, helped by a rejuvenated model line and the absence of last year's market...
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
Feds: Engineer manipulated diesel emissions at Fiat ChryslerFederal prosecutors on Tuesday expanded a criminal investigation of the auto industry by charging a Fiat Chrysler engineer with rigging pollution tests on more than 100,000 diesel pickup trucks and SUVs sold in the U. S. , the first indictment...
5 years ago
Volkswagen to pay up to $87 million in Australia for scandalVolkswagen 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...
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...
5 years ago
Volkswagen increases profits, sales in shrinking marketsVolkswagen said Thursday that its after-tax profit rose 24% in the second quarter as the company managed to increase its share in contracting markets, and as more-profitable vehicles such as SUVs and pricey Porsche luxury cars took a bigger role...
5 years ago
Germany's Bosch fined $100M over diesel scandalGerman 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...
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