Volkswagen News

VW Asks Court to Reconsider ‘Staggering’ Damages for Counties Over Diesel Emissions

Volkswagen AG’s wholly owned U.S. subsidiary on Thursday asked the Ninth Circuit U.S. Court of Appeals to reconsider a ruling that said two counties could seek financial penalties over excess diesel emissions that might cost the German automaker billions of …

U.S. Volkswagen Owners Cheated in Diesel Scam Receive $9.8 Billion in Settlements

U.S. buyers of polluting Volkswagen AG vehicles received more than $9.8 billion in settlements, the Federal Trade Commission (FTC) said on Monday. Volkswagen agreed to offer to buy back or repair more than 550,000 polluting diesel U.S. vehicles after it …

Federal Court Allows Counties’ Clean Air Claims Against VW for Diesel Scandal

A U.S. appeals court ruled on Monday that Volkswagen AG cannot escape potential financial penalties from two counties in Florida and Utah that may amount to a “staggering” additional liability arising from the German automaker’s diesel emissions scandal. The unanimous …

VW Launches Software It Hopes Will Make Car Accidents Obsolete by 2050

Volkswagen will launch a new software operating system this year that it hopes will make accidents involving its cars a thing of the past by 2050, the company said on Thursday. Next generation cars will be equipped with software, sensors …

U.S. Jury Awards Four VW Diesel Owners $100K in Punitive Damages Over Cheating

A U.S. jury in California on Monday awarded the drivers of four Volkswagen AG vehicles a total of $100,000 as punitive damages for being sold diesel vehicles that emitted excess pollution, although the amount awarded was a fraction of what …

VW’s Porsche Unit to Pay $599M to End German Probe into Rigged Diesel Engines

Volkswagen AG’s Porsche sportscar unit agreed to pay 535 million euros ($599 million) to end a probe into rigged diesel engines, bringing the total amount of fines in its home country to more than 2.3 billion euros. The carmaker won’t …

SEC Sues VW, Ex-CEO over Diesel Emissions Scandal, Alleging Massive Investor Fraud

The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, alleging a “massive fraud” on U.S. investors. VW was caught using illegal software to cheat …

Development of Fully Autonomous Vehicles as Complex as Manned Mission to Mars: VW

Fully autonomous vehicles will take at least another five years to perfect, with the cost and complexity of rolling out the technology globally serving to undermine the business case, Volkswagen’s head of commercial vehicles said. Autonomous cars require high-tech infrastructure, …

VW Wins Diesel Emissions Case in Germany Brought by Customer Who Plans Appeal

A German court on Tuesday ruled in favor of Volkswagen in a case brought by a customer seeking compensation for having bought a diesel car affected by emissions cheating, but the plaintiff’s lawyer plans to appeal. A lower court in …

VW’s Audi Unit Slapped with $925M Fine in Germany over Emissions Scandal

Volkswagen AG’s Audi unit agreed to pay an 800 million-euro ($926 million) fine for its role in the diesel-cheating scandal that has disrupted the car industry for more than three years and landed Audi’s longtime leader in jail. The penalty …