Stories tagged: volkswagen
WEDNESDAY, JAN. 11, 2017, 11:30 A.M.
VW pleads guilty, agrees to pay $4.3 billion to settle U.S. case
Volkswagen took a major step toward resolving one of the darkest chapters in its history Wednesday, pleading guilty to an emissions-cheating scandal and agreeing to pay $4.3 billion in criminal …
TUESDAY, JAN. 10, 2017, 1:33 P.M.
Volkswagen: Draft deal in scandal contains $4.3B in fines
German automaker Volkswagen AG said Tuesday that it was in “advanced talks” with United States authorities over a proposed settlement in its diesel emissions scandal under which the company would …
TUESDAY, JAN. 10, 2017, 11:20 A.M.
What scandal? VW closing in on title as world’s top carmaker
It’s ironic: Volkswagen spent 2016 battling a huge scandal over cars it rigged to cheat on emissions tests. And now stands a decent chance to pass Toyota for the title …
MONDAY, JAN. 9, 2017, 7:09 A.M.
Second VW employee arrested over emissions scheme
The Volkswagen executive who once was in charge of complying with U.S. emissions regulations has been arrested in connection with the company’s emissions-cheating scandal, a person briefed on the matter …
THURSDAY, DEC. 8, 2016, 8:58 A.M.
EU starts legal action against 4 states over VW emissions
The European Union is starting legal action against Britain, Germany, Luxembourg and Spain for not imposing penalties against Volkswagen for using illegal software to hide vehicle emissions.
TUESDAY, NOV. 22, 2016, 1:53 P.M.
VW goes on offensive in crisis pushback, expanding SUV and E-car line
Volkswagen is going on the offensive in North America, challenging the likes of General Motors and Ford with a wave of new sport utility vehicles and battery-powered cars.
FRIDAY, NOV. 18, 2016, 8:17 A.M.
Volkswagen to shed 30,000 jobs, cutting costs after scandal
Volkswagen announced plans Friday to cut 30,000 jobs in a wide-ranging restructuring of its namesake brand as it tries to recover from a scandal over cars rigged to cheat on …
TUESDAY, NOV. 15, 2016, 7:34 A.M.
VW said to reach U.S. deal to fix most tainted Audi diesels
Volkswagen has reached an agreement with U.S. environmental regulators to fix or buy back around 80,000 Audi, VW and Porsche vehicles with tainted 3-liter diesel engines, nearing a resolution on …
MONDAY, NOV. 14, 2016, 1:25 P.M.
Dodge truck owners accuse Chrysler of VW-like cheating
Allegations of cheating pollution standards have reached U.S. automakers as Chrysler was sued by consumers who said engines in some Dodge trucks were rigged to hide that emissions were as …
THURSDAY, NOV. 3, 2016, 10:19 P.M.
VW judge reports progress to get more diesel cheats off road
Volkswagen has made substantial progress toward reaching a settlement for the remaining 80,000 diesel-cheating cars polluting U.S. roads, a federal judge said.
FRIDAY, OCT. 28, 2016, 11:35 A.M.
VW sees electric car shift costing thousands of jobs
Volkswagen’s personnel chief has been quoted as telling a German newspaper that the transition to electric cars will ultimately cost a “five-digit number” of jobs at the company.
TUESDAY, OCT. 25, 2016, 8:35 A.M.
Anger still flares after judge OKs Volkswagen emissions deal
A federal judge approved the largest auto-scandal settlement in U.S. history Tuesday, giving nearly a half-million Volkswagen owners and leaseholders the choice between selling their cars back or having them …
MONDAY, OCT. 24, 2016, 4:16 P.M.
Buick becomes first U.S. brand to crack Consumer Reports Top 3
Buick, the 117-year-old General Motors brand seeking to shake its geriatric image, became the first from the U.S. to crack the top three in Consumer Reports’ reliability rankings, trailing only …
FRIDAY, SEPT. 9, 2016, 3:31 P.M.
Volkswagen engineer pleads guilty in US in emissions scandal
A longtime Volkswagen engineer pleaded guilty in federal court to charges he helped design and implement a software system that helped the German automaker’s diesel engines defeat emissions tests.
THURSDAY, JULY 28, 2016, 4:45 P.M.
Washington fines Volkswagen $176 million over emissions
Washington state regulators have fined Volkswagen $176 million, saying the automaker put people’s health at risk by releasing harmful air pollutants in its emissions-cheating scandal.
TUESDAY, JULY 26, 2016, 10:25 A.M.
$15 billion Volkswagen emissions deal clears first hurdle
A $15 billion settlement over Volkswagen’s emissions cheating scandal cleared a key hurdle Tuesday, with a federal judge giving preliminary approval to a deal that includes an option for owners …
WEDNESDAY, JULY 20, 2016, 9:52 A.M.
Volkswagen shares soar after buoyant earnings update
FRANKFURT, Germany – Volkswagen shares have soared after the German car giant revealed that its first-half earnings before charges related to its diesel-emissions scandal were “significantly higher” than market expectations. …
TUESDAY, JULY 19, 2016, 12:35 P.M.
N.Y., Massachusetts, Maryland sue VW over emissions cheating
ALBANY, N.Y. – New York state, Massachusetts and Maryland are suing Volkswagen and its affiliates Audi and Porsche over diesel emissions cheating, alleging that the German automakers defrauded customers and …
TUESDAY, JUNE 28, 2016, 11:36 A.M.
VW to pay Washington $26 million for deceptive marketing of cars
VW to pay Washington, other states for deceptive marketing of “clean diesel” vehicles.
TUESDAY, JUNE 28, 2016, 10:47 A.M.
Volkswagen settles for up to $15.3 billion in emissions-cheating cases
Volkswagen will spend up to $15.3 billion to settle consumer lawsuits and government allegations that it cheated on emissions tests in what lawyers are calling the largest auto-related class-action settlement …
MONDAY, JUNE 27, 2016, 3:47 P.M.
Volkswagen reaches $14.7 billion emissions settlement, source says
Volkswagen would repair or buy back polluting vehicles and pay each owner as much as $10,000 under a $14.7 billion deal the car maker has reached to settle lawsuits stemming …
THURSDAY, JUNE 23, 2016, 1:58 P.M.
VW to pay near $10.2B to settle emissions claims, AP source says
Volkswagen will spend about $10.2 billion to settle an emissions cheating scandal in the U.S. that has turned into one of the largest cases of corporate deception in the nation’s …
MONDAY, JUNE 20, 2016, 9:52 A.M.
Former Volkswagen CEO investigated over emissions scandal
German prosecutors are investigating former Volkswagen CEO Martin Winterkorn and another unnamed executive over allegations they didn’t inform investors soon enough about the company’s scandal over cars rigged to cheat …
THURSDAY, JUNE 16, 2016, 5:38 P.M.
Volkswagen steers toward electric vehicles after emissions scandal
Volkswagen announces strategy dedicated to electric vehicles.
WEDNESDAY, JUNE 1, 2016, 12:46 P.M.
Auto sales show signs of flattening out after long run up
Last month, U.S. auto sales were expected to drop 7 percent to 1.5 million cars and trucks, according to car shopping site Kelley Blue Book.
WEDNESDAY, JUNE 1, 2016, 9:52 A.M.
Report: 4 companies selling new cars with Takata inflators
At least four automakers are selling new vehicles that have potentially deadly Takata air bag inflators, according to a new Senate report.
TUESDAY, MAY 31, 2016, 5:38 P.M.
Scandal-hit Volkswagen makes profit despite scandal
German automaker Volkswagen saw its net profit fall 19 percent in the first three months of the year – but showed it can still make money even as it grapples …
FRIDAY, MAY 20, 2016, 11:29 A.M.
Scandal-hit VW agrees to 4.8 percent pay rise for workers
Automaker Volkswagen and Germany’s industrial union have agreed to increase wages 4.8 percent by next year in an economy where the cost of living is flat – the kind of …
WEDNESDAY, MAY 11, 2016, 8:51 A.M.
Volkswagen board might OK execs’ work despite scandal
Volkswagen’s board of directors has recommended shareholders formally approve the work of the company’s top management team for last year despite the scandal over cars rigged to cheat on U.S. …
TUESDAY, MAY 3, 2016, 9:49 A.M.
Honda, Nissan break records as auto sales stay hot in April
America’s love of trucks and SUVs helped push most automakers to healthy sales gains last month as Honda and Nissan reported best-ever April sales. Ford posted record SUV sales, while …