Volkswagen

Rs 500-crore fine on Volkswagen: ‘No coercive action’ for now, says SC

The NGT in March had ordered Volkswagen to pay a fine of Rs 500 crore for causing damage to the environment by programming its diesel engines with cheat devices. In a relief to German car manufacturer Volkswagen, the Supreme Court Monday agreed to hear its plea against National Green Tribunal’s …

UK government needs stronger response to VW emissions scandal - committee

The British government should take a tougher stance against Volkswagen after its emissions fraud, as well as increase the use of electric cars and reduce air pollution from transport, a parliamentary environment committee said on Thursday. Almost a year after U.S regulators found that Volkswagen (VW) (VOWG_p.DE) had cheated in …

VW in $1.2b deal to compensate US dealers

Volkswagen AG has agreed to spend more than $1.2 billion to compensate its 650 US dealers for their losses from the German automaker's diesel emissions scandal, two sources briefed on the matter said on Thursday. The company and a lawyer for VW dealers announced a tentative settlement at a court …

VW, U.S. states to hold settlement talks over excess emissions

Volkswagen AG has agreed to hold settlement talks with several U.S. states that sued the German automaker for hundreds of millions of dollars over environmental law violations, the automaker said in a court filing on Tuesday. Maryland, Massachusetts, New York and Pennsylvania sued Volkswagen over excess diesel emissions related to …

Volkswagen, U.S. Justice Dept discuss settling criminal probe: sources

Volkswagen AG (VOWG_p.DE) and the U.S. Justice Department have held preliminary settlement talks about resolving a criminal probe into the automaker's diesel emissions scandal, two sources briefed on the matter said. Reuters reported in June that a criminal settlement could include a consent decree, an independent monitor overseeing the German …

Volkswagen, U.S. Justice Dept discuss settling criminal probe: sources

Volkswagen AG (VOWG_p.DE) and the U.S. Justice Department have held preliminary settlement talks about resolving a criminal probe into the automaker's diesel emissions scandal, two sources briefed on the matter said. Reuters reported in June that a criminal settlement could include a consent decree, an independent monitor overseeing the German …

German court to speed up Volkswagen investor lawsuits

A German court will adopt a rarely used class-action style procedure to more efficiently process claims by investors seeking damages from Volkswagen (VOWG_p.DE) over a diesel emissions cheating scandal, according to a ruling. The regional court in Braunschweig near Volkswagen's (VW) Wolfsburg headquarters said on Monday it will pick one …

Italy's anti-trust agency fines Volkswagen over diesel emissions

Italy's anti-trust agency said on Monday it had fined German carmaker Volkswagen (VOWG_p.DE) 5 million euros (4 million pounds) for allegedly misinforming car buyers about diesel emissions results. The Italian watchdog said it would impose the highest fine in its power on Volkswagen, which it said had marketed diesel-powered cars …

South Korea suspends sale of 80 Volkswagen models

South Korea on Tuesday said it was suspending sales of 80 Volkswagen models, in a widening probe over the German carmaker's emission-cheating scandal. The environment ministry said most of the models had been showcased for sale until recently, and added that the problem vehicles had fabricated documents for emissions and …

German authorities clear Opel diesel engines: Report

Germany's Federal Office for Motor Vehicles has approved diesel engines of General Motors' Opel unit, after initial doubts about whether the engine control software was permissible, weekly Bild am Sonntag reported. Engines of the 2.0 CDTI type which are built into Insignia, Cascada or Zafira branded cars have been cleared, …

Three U.S. states sue Volkswagen, say executives covered up diesel cheating

Senior executives at Volkswagen AG (VOWG_p.DE) including its former chief executive covered up evidence that the German automaker had cheated on U.S. diesel emissions tests for years, three U.S. states charged on Tuesday in civil lawsuits against the company. New York, Massachusetts and Maryland filed separate, nearly identical lawsuits in …

Volkswagen's Audi plans electric car push to put heat on Tesla

Audi will aim for electric cars to account for a quarter of its sales by 2025 as part of a strategic overhaul following the emissions scandal at parent Volkswagen, company sources said, in a move that could step up the challenge to U.S. group Tesla. Audi, which has been slow …

South Korea to decide soon on whether to suspend Volkswagen car sales

South Korea's environment ministry said on Monday it will decide later this month whether to revoke the certification of 32 vehicle models made by Volkswagen (VOWG_p.DE) after prosecutors accused the German carmaker of fabricating documents on emissions and noise-level tests. If the ministry decides to revoke the certification of the …

Spanish court says Volkswagen German parent company liable to answer any emissions fraud charges

Spain's High Court said on Friday Volkswagen's parent company, based in Germany, would be liable to answer any charges over emissions fraud, rather than its Spanish affiliates. Volkswagen admitted in September to cheating U.S. diesel emissions tests and said that up to 11 million vehicles worldwide could be fitted with …

Volkswagen diesel deal could be a win for many companies

Volkswagen AG's (VOWG_p.DE) $15.3 billion settlement of allegations that it cheated on diesel engine pollution tests promises a substantial boost for federal and state efforts to expand electric vehicle sales, and could also help producers of commercial trucks and buses and other heavy equipment. At the center of the Volkswagen …

Volkswagen agrees $603 million settlement with U.S. states

Volkswagen (VOWG_p.DE) has agreed a $603 million settlement with dozens of U.S. states to resolve state consumer protection claims over the German carmaker's diesel emissions scandal, it said on Tuesday. Volkswagen in a statement said it had agreed with the attorneys general of 44 U.S. states, the District of Columbia …

Volkswagen to face $15-bn price tag for US settlement

The carmaker is also expected to announce a settlement with states, including New York, for about $400 million South Korea to probe VW, Audi diesel car emissions Volkswagen AG's price tag to settle lawsuits in the US over its rigging of diesel emissions tests has jumped to more than $15 …

Volkswagen to Pay $14.7 Billion to Settle Diesel Claims in U.S.

Volkswagen has agreed to pay up to $14.7 billion to settle claims stemming from its diesel emissions cheating scandal, in what would be one of the largest consumer class-action settlements ever in the United States. The proposed settlement involving the federal government and lawyers for the owners of about 475,000 …

Volkswagen to pay $10 billion to settle lawsuit over emissions scandal

Volkswagen admitted last year that it had installed software on diesel cars that tricked US emissions tests. Volkswagen has agreed to pay US$ 10 billion to settle a huge US civil case over its diesel emissions-cheating scandal, a person familiar with the negotiations said today. As part of the settlement, …

Volkswagen 'to pay $10bn' for US emissions scandal

Volkswagen has agreed to pay $10.2bn (£6.9bn) to settle some claims in the US from its emissions cheating scandal, according to reports. Most of the money would compensate 482,000 owners of two-litre diesel cars programmed to distort emissions tests. Owners could receive between $1,000 and $7,000, depending on their car's …

Diesels more polluting below 18C, research suggests

Pollution from many popular diesel cars is much worse when it is colder than 18C outside, new research suggests. Testing company Emissions Analytics told the BBC it has measured a significant rise in poisonous gas emissions from a wide range of models as the temperature drops. It found the problem …

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