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Volkswagen gets 3 years probation, oversight sentence by US court
Sat, Apr 22, 2017
The sentencing was one of the last major hurdles to VW moving past a scandal that led to the ouster of its chief executive
Volkswagen to recall 3.4 lakh cars in India
Thu, Jan 12, 2017
This recall will be to replace the defeat device for emission norms that was placed in some of the cars earlier.
Volkswagen pleads guilty to US criminal charges, pays $4.3 bn in 'dieselgate'
Thu, Jan 12, 2017
Volkswagen AG will plead guilty to three criminal charges and pay a total $4.3 billion in fines to settle the emissions cheating scandal known as "dieselgate," US officials announced on Wednesday.
Volkswagen to keep Mexico factories, executive says
Mon, Jan 09, 2017
The head of the Volkswagen (VW) brand of cars said his company would continue to manufacture in Mexico and pledged to produce electrified vehicles in the United States (US).
Volkswagen agrees to fix, buy back more polluting US diesel vehicles
Wed, Dec 21, 2016
Volkswagen AG has agreed to a $1 billion settlement to fix or buy back another 80,000 polluting diesel vehicles sold in the United States (US) as the German automaker on Tuesday took new steps to put its emissions cheating scandal behind it.
Volkswagen agrees to spend up to C$2.1 billion over Canadian emissions
Tue, Dec 20, 2016
Volkswagen AG has agreed to spend up to $2.1 billion Canadian dollars to buy back or fix 105,000 polluting diesels and compensate owners in Canada, the company said Monday.
US judge 'optimistic' for deal in 3.0-litre diesel Volkswagen case
Sat, Dec 17, 2016
A US federal judge overseeing the Volkswagen emissions scandal said on Friday he is optimistic about reaching an agreement for the last 80,000 vehicles affected in the United States (US). A new hearing has been set for Monday to review the German automaker`s proposals.
Volkswagen agrees to pay $200 million into US pollution reduction fund
Sat, Dec 17, 2016
Volkswagen AG has agreed to pay more than $200 million into a fund created to cut diesel pollution, part of its agreement over about 80,000 3.0-litre diesel vehicles that emitted more than the US legal limit, a person briefed on the settlement told Reuters.
South Korea to slap VW with record fine of nearly $32 million, pursue executives over emission ads
Wed, Dec 07, 2016
South Korea`s antitrust watchdog said on Wednesday it will file criminal complaints against several executives at Volkswagen AG`s South Korean unit and fine the company a record 37.3 billion won ($31.87 million) for false advertising over its vehicle emissions.
Volkswagen's Audi hit with fresh emissions cheating lawsuit
Thu, Nov 10, 2016
Embattled Volkswagen is facing a new lawsuit in US courts over devices used to cheat emissions standards, this one against luxury brand Audi, according to court documents.
Volkswagen board to discuss brand overhaul on November 4
Thu, Nov 03, 2016
Volkswagen's supervisory board will hold an extraordinary meeting on Friday, November 4, to consult on a wide-ranging restructuring of the carmaker, two sources close to the board told Reuters on Wednesday.
Volkswagen expects 5-digit number of job cuts in coming years: Report
Sun, Oct 30, 2016
Volkswagen (VW) expects the shift to electric cars to cost a five-digit number of jobs in coming years, the Frankfurter Allgemeine Zeitung newspaper reported, citing the carmaker's human resources chief.
Volkswagen to pay $175 million to US lawyers suing over emissions
Sat, Oct 15, 2016
Volkswagen AG , in another step to move past its costly diesel emissions cheating scandal, has agreed to pay $175 million (nearly Rs 1,164.23 crore) to US lawyers suing the German automaker on behalf of the owners of 475,000 polluting vehicles, two people briefed on the agreement said on Friday.
Renault expects diesel engines disappearing from most of its European cars
Tue, Sep 06, 2016
Renault expects diesel engines to disappear from most of its European cars, company sources told Reuters, after the French automaker reviewed the costs of meeting tighter emissions standards following the Volkswagen scandal.