Prosecutors in Stuttgart said they raided German sports car maker and Volkswagen subsidiary Porsche on Tuesday on
suspicion that an auditor was bribed to pass information to the company's tax
advisor.
German sports car maker and Volkswagen subsidiary Porsche will pay a €535-million fine over diesel vehicles that emitted more harmful pollutants than allowed,Stuttgart prosecutors said Tuesday.
German prosecutors on Monday said they have launched new legal proceedings over Porsche's role in the diesel emissions cheating scandal that erupted in 2015, which could leave the luxury carmaker facing a large fine.
German judges on Wednesday ordered Volkswagen's largest shareholder, holding company Porsche SE, to pay damages to some of its own investors over its handling of the car giant's "dieselgate" emissions scandal.
German authorities said on Friday they had ordered 19,000 Porsche SUVs recalled over emissions cheating, saying a total of 60,000 manipulated vehicles had been identified worldwide.
Police in Stuttgart have detained a Porsche manager in a probe into the diesel emissions cheating scandal that the luxury car brand's parent company Volkswagen has struggled to shed.
German police on Wednesday carried out raids on properties linked to two top Porsche executives and one
ex-employee of the luxury carmaker as part of a fraud probe linked to the diesel emissions cheating scandal, prosecutors said.
Switzerland said on Friday that it will no longer register Porsche's luxury SUV, the Cayenne, with diesel engines citing the fallout from the emissions scandal that has rocked neighbouring Germany's car industry.
According to a report in Bild, the Transport Ministry knew in early 2016 that Porsche had installed emissions cheating software in its diesel engines, but changed the wording of a report under pressure from the car maker.
Germany on Thursday ordered luxury car brand Porsche to recall 22,000 vehicles across Europe over emissions test cheating amid a widening election-year scandal.
Investigators in Germany said on Monday they are probing employees of luxury sports car maker and Volkswagen subsidiary Porsche over emissions cheating.
Volkswagen's powerful former chairman Ferdinand Piech, credited with its rise from the brink of bankruptcy to world leader status, has signed a deal to sell most of his stake in the group, its holding company said Monday.
Volkswagen's former supervisory board chief has told German investigators that ex-CEO Martin Winterkorn knew about the "dieselgate" emissions cheating scam well before the scandal broke, news weekly Der Spiegel reported Friday.
Volkswagen investors have filed 1,400 lawsuits seeking 8.2 billion euros in damages over the emissions cheating scandal, a German court said Wednesday, adding to the embattled car giant's legal woes.
One year ago, Volkswagen's cheating on emissions tests for millions of its diesel cars erupted into public view,
leaving the mammoth carmaker battling an unprecedented crisis.
The European Commission on Monday urged member states to crack down on Volkswagen for violating consumer protection laws when it cheated on pollution tests.
Ammar Alkhouli "dreamed of owning a Porsche" when he lived in Syria, but he never imagined that he would one day get training from the German automobile giant to help build its luxury cars.
Volkswagen has agreed to pay out $14.7 billion (€13.3 billion) in a settlement with US authorities and car owners in the probe over its emissions-cheating diesel-powered cars, court documents showed Tuesday.
The boss of embattled German auto giant Volkswagen on Wednesday issued an apology to angry shareholders over the emissions cheating scandal that has plunged the group into an unprecedented
crisis.
Volkswagen's former boss Martin Winterkorn is under investigation for having allegedly manipulated the market by holding back information about emissions cheating at the automobile giant, prosecutors said Monday.
Top executives at Volkswagen are refusing to forego their bonuses this year, despite prescribing belt-tightening for the carmaker's workforce in the wake of the massive emissions-cheating scandal, Spiegel reported on Thursday.
Porsche is to invest €1 billion ($1.09bn) to bring its first all electric car to market by “the end of the decade,” the German luxury sportscar giant said on Friday.
Around 98,000 Volkswagen-produced cars with petrol engines had the results of emissions tests 'manipulated', Transport Minister Alexander Dobrint told the Bundestag (German parliament) on Wednesday.
