Volkswagen has reached a $1 billion agreement with US authorities on a compensation deal for the last 80,000 vehicles affected by its emissions-cheating scandal in the United States, officials said Tuesday.
A US federal judge overseeing the Volkswagen emissions scandal said Friday he is optimistic about reaching an agreement for the last 80,000 vehicles affected in the United States.
The European Commission is preparing a legal case against the German government for failing to properly impose regulations on diesel emissions on its car manufacturers.
Volkswagen aims to be the world leader in electric cars by 2025, brand chief Herbert Diess said Tuesday, as the German car giant shifts its focus to clean-energy vehicles after the dieselgate emissions cheating scandal.
Volkswagen intends to cut 30,000 jobs by 2020 as part of a huge savings plan aimed at helping the German auto giant recover from the dieselgate emissions cheating scandal.
Volkswagen plans to cut more than 10,000 jobs in coming years as the German auto giant switches its focus to making electric cars in the wake of the "dieselgate" scandal, a top executive has
said.
Audi's head of technical development stepped down "with immediate effect" on Monday, the luxury carmaker announced, after German media accused him of involvement in parent company Volkswagen's "dieselgate" scandal.
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.
Investment manager Blackrock, the world's largest, on Friday joined around 160 other shareholders to claim compensation from German carmaker Volkswagen over its massive diesel emissions scandal.
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.
A Volkswagen engineer is expected to help the US pursue its criminal case against the German automaker after pleading guilty Friday to helping create the illegal emissions-cheating device installed on VW diesel cars.
The European Commission on Monday urged member states to crack down on Volkswagen for violating consumer protection laws when it cheated on pollution tests.
German car giant Volkswagen said on Tuesday it has reached a deal with suppliers to begin deliveries again after a stoppage that forced the group to halt production at several plants.
Embattled automaker Volkswagen will hold talks Monday with two component suppliers, in a bid to end a stand-off over car parts deliveries that has severely disrupted production at the German giant.
Embattled automaker Volkswagen has been forced to suspend manufacture of the popular Golf model at its main production plant in Germany, a spokesman said Saturday.
A court in Lower Saxony has ruled that Volkswagen can seize car parts from two suppliers who are refusing to deliver to the auto giant in a fight that has brought construction to a halt.
Volkswagen said Thursday production at several factories has been severely disrupted due to a shortage of components, a new headache for the German car giant that is still grappling with a massive pollution cheating scandal.
Federal investigators probing Volkswagen's diesel emissions cheating scandal have uncovered evidence of criminal wrongdoing, The Wall Street Journal reported Monday, citing sources familiar with the matter.
The southern state of Bavaria is bringing a legal case against Volkswagen over the impacts of the emissions cheating scandal that has rocked the car manufacturer.
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.
German auto giant Volkswagen announced on Friday that it is giving its staff a €3,950 bonus for 2015, despite suffering huge losses due to an emissions-cheating scandal which sent shockwaves through the industry.
Known worldwide for its popular Beetle camper van and, of late, its engine-rigging scandal, German car maker Volkswagen also has another slightly lesser-known speciality: the curry sausage.
