Latest in Tag: Volkswagen Highlight
Latest in Tag: Volkswagen
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A year ago, Volkswagen had to admit it had rigged emissions in its diesel models in the US. Since then, the German carmaker has been fighting to win back lost confidence. A long road lies ahead, writes Henrik Böhme.
Newly released documents suggest the German auto parts supplier Bosch not only provided Volkswagen with the software it used to cheat on emissions tests, but that the company knew its actions were illegal.
Australia’s consumer watchdog is suing Volkswagen for lying to customers. VW has previously admitted to installing defeat devices in diesel vehicles to manipulate emissions during lab tests.
Volkswagen HQ in Wolfsburg isn’t the only place where the consequences of the dieselgate scandal are being felt. Cities that host VW’s production facilities must also rejigger their budgets as VW pays fewer taxes.
The embattled carmaker has reached an ‘agreement in principle’ to compensate its 650 US dealers which sued Volkswagen for damages in connection with its emissions-cheating scandal.
Ending marathon talks, German carmaker Volkswagen and two of its suppliers of crucial components have reached an agreement to end days of production disruptions at several VW plants across the country.
German carmaker Volkswagen has confirmed it’ll hold more talks with two suppliers of components.
Volkswagen is planning to cut working hours at its core factory in Wolfsburg and two other German plants amid a supplies shortage caused by parts makers refusing to stick with delivery commitments.
Italy’s antitrust regulator has fined Volkswagen 5 million euros for its Dieselgate software manipulation. VW has admitted to installing software to circumvent pollution standards in millions of diesel cars.
German carmaker Volkswagen has reported a rise in sales and operating profit, indicating the company’s dieselgate legacy is manageable. The firm also set aside more money to cover future litigation costs.
Diesel emissions scandal? Lawsuits, fines, turmoil at headquarters? Whatever. VW Group sold more cars and light trucks than any other carmaker in the first half of 2016, ahead of close rivals Toyota and General Motors.
Investors have delved into VW shares after the embattled carmaker forecast a higher-than-expected operating profit, shrugging off news the company booked another huge charge for its emissions-cheating scandal.
California’s Air Resources Board has rejected Volkswagen’s (VW’s) plan for recalling thousands of 3-liter diesel vehicles, posing a new challenge for the German carmaker to settle its emissions cheating scandal.