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Volkswagen

volkswagen-scandal

First legal test case against Volkswagen raising pressure to compensate customers in Europe

04/01/2017(0)
German consumer rights champion myRight filed the first legal test case against Volkswagen in Germany on Tuesday (3 January), raising pressure on the carmaker to compensate customers in Europe ... Read More
volkswagen

VW Buys Mobile-Payment Provider PayByPhone for Parking Services

29/12/2016(0)
Move follows establishment of carmaker’s Moia mobility brand Deal adds to purchase of Sunhill Technologies last year Volkswagen AG bought North American parking-payment operator PayByPhone in the latest move ... Read More
volkswagen-scandal

Volkswagen reaches compensation deal with 80,000 US owners

23/12/2016(0)
A federal judge said on Thursday that Volkswagen has reached an agreement in principle to provide “substantial compensation” to the owners of about 80,000 3.0 liter polluting diesel vehicles, ... Read More
volkswagen--germany

VW Says Its Diesel Cheat Software Is Legal in Europe

05/11/2016(0)
It’s the very technology which led it to incur up to $16.5 billion in U.S. settlement costs. Volkswagen said the software allowing its diesel vehicles to evade emissions rules ... Read More
volkswagen

Volkswagen may cut 2,500 jobs per year via early retirements, says labor boss: Handelsblatt

12/10/2016(0)
Volkswagen (VOWG_p.DE) may cut up to 2,500 jobs per year over 10 years by moving workers into early retirement, Handelsblatt reported on Wednesday, citing Bernd Osterloh, chief of the ... Read More
Volkswagen

Lawyers ask for $300 million in fees in VW scandal settlement

06/10/2016(0)
Plaintiff lawyers who helped negotiate a potential $10 billion settlement with Volkswagen over the diesel emissions scandal fired back at critics who question their request for more than $300 ... Read More
VW

VW reports H1 operating profit of 7.5 billlion euros

20/07/2016(0)
Volkswagen reported on Wednesday its operating profit came to 7.5 billion euros ($8.3 billion) in the first half of 2016, beating market expectations and pushing its shares higher. Adjusted ... Read More
Volkswagen

VW Will Spend $14.7 Billion to Settle emissions scandal;the largest settlement ever paid by an automaker

07/07/2016(0)
Volkswagen will spend $10 billion on affected car buybacks, $4.7 billion to “mitigate pollution” in the TDI emissions settlement. The estimated cost of Volkswagen’s U.S. diesel emissions cheating just rose ... Read More
volkswagen-scandal

Volkswagen Reportedly To Announce $15 Billion Settlement After Emissions Scandal

28/06/2016(0)
Sources told Reuters and the Associated Press that the automaker would buy back or offer cash to owners of the emissions-cheating diesel models. Volkswagen will announce a settlement Tuesday ... Read More
Fiat Chrysler

Fiat Chrysler suspected of emissions fraud

23/05/2016(0)
German regulators suspect that Italian-American auto maker Fiat Chrysler, like Volkswagen, used illegal software to cheat on emissions tests, a newspaper report said yesterday. The German Federal Motor Vehicle ... Read More
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