Stories tagged: VW
Mon., July 24, 2017, 8:19 a.m.
German automakers’ shares fall on diesel emissions concerns
The German auto industry’s troubles over excessive diesel emissions are looming larger.
Tue., June 20, 2017, 8:47 a.m.
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 …
Fri., April 21, 2017, 8:23 a.m.
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.
Thu., Feb. 9, 2017, 7:02 a.m.
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 …
Wed., 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 …
Tue., 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 …
Thu., 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.
Fri., 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 …
Tue., 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 …
Mon., 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 …
Thu., 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.
Fri., 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.
Fri., 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.
Mon., 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 …
Mon., 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 …
Tue., 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 …
Fri., 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 …
Wed., 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. …
Fri., April 22, 2016, 9:29 a.m.
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.
Fri., April 22, 2016, 8:49 a.m.
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 …
Thu., April 21, 2016, 1:49 p.m.
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, …
Wed., April 13, 2016, 4 p.m.
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.
Thu., March 24, 2016, 1 p.m.
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 …
Tue., March 15, 2016, 9:11 a.m.
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 …
Wed., Feb. 10, 2016, 8:17 a.m.
VW recalls 680,000 vehicles with suspect air bag inflators
Automaker Volkswagen says it is recalling 680,000 vehicles with suspect air bag inflators in the United States.
UPDATED: Fri., Oct. 23, 2015, 4:44 p.m.
German towns cut budgets, anticipating tax shortfalls from VW emissions scandal
The towns that became synonymous with Volkswagen’s rise to the pinnacle of the auto industry are feeling the pinch of the diesel-emissions scandal, freezing spending on capital projects.
Fri., Oct. 2, 2015, 2:29 p.m.
Consumer Confidential: Duped VW owners wonder what their next move should be
VW owners may struggle to sell their cars after emissions scandal.
Mon., Dec. 14, 2009, 2:16 p.m.
Allstate will auction stolen VW van
Allstate Insurance Co. will auction a 1965 VW bus found 35 years after it was stolen from a Spokane woman and donate the proceeds to an organization that helps homeless …