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Stories tagged: VW


VW to stop making iconic Beetle next summer

After selling it on and off in the U.S. for nearly seven decades, Volkswagen has decided to squash its iconic Beetle.


With new CEO, VW shifts focus from scandal to future tech

Volkswagen’s new CEO said Friday that the automaker must “significantly step up the pace” as it pushes into electric and self-driving vehicle technologies and shakes up its culture in the …


UPDATED: Wed., Dec. 6, 2017, 7:22 p.m.

Judge sends VW manager to prison for 7 years in diesel scam

A judge on Wednesday sentenced a Volkswagen senior manager to seven years in prison for covering up a scheme to evade pollution limits on U.S. diesel vehicles, calling it an …


UPDATED: Fri., Sept. 29, 2017, 5:20 p.m.

Volkswagen promises to roll out 2 new models every year

Volkswagen plans to offer two new U.S. models every year for the foreseeable future and double the length of its warranties as it tries to attract new customers and recover …


UPDATED: Fri., Aug. 25, 2017, 12:39 p.m.

VW engineer gets prison, $200,000 fine in diesel scandal

U.S. prosecutors will seek a three-year prison sentence on Friday for a Volkswagen engineer who had a key role in the company’s diesel emissions scandal.


German automakers’ shares fall on diesel emissions concerns

The German auto industry’s troubles over excessive diesel emissions are looming larger.


Volkswagen workers strike in Slovakia

Workers at Volkswagen’s Slovak unit began an indefinite strike over wages, underscoring the risk of a skilled-labor shortage materializing in a key European Union manufacturing hub as unemployment plumbs record …


UPDATED: Tue., June 6, 2017, 12:01 p.m.

Independent monitor: Volkswagen trying to change

Former U.S. deputy attorney general Larry Thompson, who must certify the policies and practices Volkswagen is putting in place to ensure compliance with anti-fraud and environmental laws, said his “initial …


Volkswagen to pay $2.8 billion in US diesel emission scandal

Volkswagen has been ordered to pay a $2.8 billion criminal penalty in the United States for cheating on diesel emissions tests.


VW’s comeback faces roadblock from Trump tax on Mexican Beetles

Volkswagen is bracing for another blow from the U.S. government. After agreeing to spend more than $23 billion to clean up its diesel-cheating scandal, the German auto giant risks staying …


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 …


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 …


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.


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 …


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 …


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 …


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.


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.


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.


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 …


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 …


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 …


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 …


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. …


German automakers to recall 630,000 cars, report says

German news agency dpa is reporting that several of the country’s automakers are going to recall a total of 630,000 cars following an investigation into emissions levels.


VW to take $18.2 billion hit as German carmakers face recall

German carmaker Volkswagen capped two grim days for the country’s auto industry by revealing its diesel emissions cheating cost it a chunky 16.2 billion euros ($18.2 billion) for 2015 alone …


Judge says VW owners can choose buybacks or repair

An agreement will give consumers who bought nearly 600,000 Volkswagen vehicles rigged to cheat on emissions tests the option of having the automaker buy back the cars or fix them, …


VW’s union challenge declined by National Labor Relations Board

The National Labor Relations Board on Wednesday declined to take up Volkswagen’s challenge of a union vote at its lone U.S. assembly plant in Tennessee.


Volkswagen gets a month for plan on diesel emissions fix

A federal judge on Thursday gave Volkswagen and regulators a month to provide a specific plan about how they will bring nearly 600,000 diesel cars into compliance with clean air …


VW sued by big investors over handling of emissions scandal

Volkswagen’s big institutional investors are suing the automaker for $3.57 billion in damages over its handling of the emissions scandal, which has so far seen the share price fall by …