Volkswagen cheating scandal News

How VW Emissions Scandal Hurt Other German Car Makers’ Reputations and Profits

The fallout from Volkswagen’s 2015 emissions scandal cost other German car makers billions of dollars in sales, according to new research from Notre Dame University. In 2015, Volkswagen was exposed for bypassing U.S. emissions standards by equipping their diesel-engine cars …

Daimler Recalls More Than 3 Million Mercedes-Benz Diesel Vehicles

Daimler AG moved to head off a growing crisis over emissions concerns by voluntarily recalling more than 3 million Mercedes-Benz diesel vehicles in Europe, marking the latest blow to the technology since Volkswagen AG’s cheating scandal erupted nearly two years …

U.S. Judge Set to Approve Another VW Diesel Settlement of $1.2 Billion

A U.S. judge said he intends to give final approval to Volkswagen AG’s $1.225 billion settlement with regulators and about 78,000 drivers of premium Audis, VWs and Porsches over the company’s diesel cheating-scandal. All told, VW is committed to spending …

UK Legal Action Launched Against Volkswagen over Emissions Scandal

A British law firm has launched legal action against Volkswagen, seeking thousands of pounds of compensation each for UK drivers affected by the carmaker’s emissions scandal. The German company is involved in lawsuits in several countries and is racing to …

Korean VW Executive Sentenced to Jail for Role in Emissions Scandal

A South Korean court on Friday sentenced an executive of Volkswagen’s local unit to one year and six months in prison for fabricating documents on emissions and noise-level tests to achieve certification for vehicles for import. This is the latest …

VW Claims Costs in U.S. for Emissions Scam Top $17 Billion with More to Come

Volkswagen AG has agreed to a $1 billion settlement to fix or buy back another 80,000 polluting diesel vehicles sold in the United States as the German automaker on Tuesday took new steps to put its emissions cheating scandal behind …

House Republicans Question Volkswagen Penalties for Diesel Pollution

Two senior U.S. House Republicans on Tuesday asked environmental regulators to answer questions about Volkswagen AG’s diesel emissions settlements, including disclosing how the government calculated the penalties imposed on VW to offset excess pollution. In a letter, Representative Fred Upton, …

Kentucky Sues Volkswagen Over Diesel Emissions Cheating

Kentucky sued Volkswagen AG and its luxury units on Tuesday claiming the German automaker’s diesel emissions cheating scheme violated the state’s Consumer Protection Act. “Volkswagen must be held accountable for its false and misleading promotion and sales of its vehicles …

278 Volkswagen Institutional Investors File €3.3 Billion Suit in Germany

Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the carmaker for what they see as breaches of its capital markets duty in the emissions scandal, the law firm representing them said. The lawsuit, for damages …

Allianz Plans to Sue VW over Share Drop Caused by Emissions Scandal: Source

German insurer Allianz plans to sue Volkswagen over the sharp drop in its shares as a result of the carmaker’s diesel emissions scandal, a source familiar with the situation told Reuters. If successful, the lawsuit would add to financial pressures …