Search Results for: Volkswagen
European Parliament set to hold inquiry into VW emissions scandal
December 17th, 2015
The European Parliament plans to set up a committee to investigate Volkswagen‘s (VOWG_p.DE) emissions scandal and whether regulatory oversight of the car industry was too lax. Members of the European Parliament will vote on the issue around midday on ...
VW Scandal: Top law firms competing for lead assignment in expected multibillion-dollar case
December 3rd, 2015
Top law firms competing for lead assignment in expected multibillion-dollar case Lawyers from across the country will descend Thursday on a courthouse in New Orleans to jockey for a potentially lucrative assignment: a role in the massive consumer-fraud litigation facing Volkswagen AG over ...
U.S. probes Bosch in VW cheating scandal
November 20th, 2015
U.S. authorities are investigating German auto supplier Robert Bosch GmbH over its role in Volkswagen AG’s (VOWG_p.DE) massive scheme to cheat U.S. emission standards, according to people familiar with the matter. Federal prosecutors with the U.S. Department of ...
VW scandal: Which other car manufacturers will be under investigations
November 12th, 2015
VW diesel emissions investigation widened to include other brands German regulators to run tests on possible ‘unusual pollutants emissions’ on other models including BMW, Mercedes and Ford German car regulators are expanding their investigation into suspected diesel emissions manipulation ...
European stocks end lower as M&A hopes fade
November 10th, 2015
UniCredit may cut thousands of jobs; VW hit by downgrade European stocks finished lower Monday, hurt in part by disappointment over potential merger developments for InterContinental Hotels Group PLC and auto maker Renault SA. The Stoxx Europe 600 SXXP, -1.07% finished down ...
VW engineers admitted rigging CO2 emissions
November 9th, 2015
Engineers overinflated tyres, tampered with motor oil-Bild Company seeking to encourage staff to talk-source Non-executive board to meet on Monday to take stock of fallout (Adds details on amnesty, board meeting on Monday) Several Volkswagen engineers have admitted manipulating ...
VW Emissions Issues Spread to Gasoline Cars
November 4th, 2015
Company adds about 2 billion euros to possible economic risk Tally of 800,000 added to estimated 11 million cars worldwide Volkswagen AG said it found faulty emissions readings for the first time in gasoline-powered vehicles, widening a scandal that so ...
VW emissions scandal: Porsche and luxury Audi and VW models have cheat device says US EPA
November 3rd, 2015
Volkswagen has found itself embroiled in a widening emissions scandal after the US Environmental Protection Agency accused the company of using illegal software in certain six-cylinder diesel engines that drags Porsche and luxury Audi and VW models into the ...
VW Loses Market Share in Europe as Diesel-Motor Recalls Loom
October 16th, 2015
Gain of 8.3% lagged behind industry growth of 9.8% last month VW showed “noticeable uptick” in German discounting: Barclays Volkswagen AG failed to keep pace with European competitors as the German carmaker’s market share slipped last month in the ...
Lawyers demand VW buy back half a million vehicles affected by the recent emissions scandal
October 15th, 2015
Lawyers with Hagens Berman Sobol Shapiro and Quinn Emanuel Urquhart & Sullivan have escalated their legal battle against Volkswagen A.G., demanding the company buy back half a million vehicles affected by the recent emissions scandal They claim VW hasn’t ...
