Articles Tagged with "VW"
WASHINGTON -- Volkswagen Group has agreed to a $1 billion settlement to fix or buy back another 80,000 polluting U.S. diesel vehicles as the automaker on Tuesday took new steps to put its emissions cheating scandal behind it.
Dec. 22 , 2016
WASHINGTON -- Volkswagen Group has agreed to spend up to C$2.1 billion ($1.6 billion) to buy back or fix 105,000 polluting diesels and compensate owners in Canada.
Dec. 20 , 2016
WASHINGTON -- German auto supplier Robert Bosch GmbH is expected to settle a suit, filed by U.S. owners of polluting Volkswagen diesel vehicles, for more than $300 million, a source briefed on the matter told Reuters today.
Dec. 20 , 2016
WASHINGTON (Bloomberg) -- Dozens of Volkswagen Group executives in Germany have hired U.S. criminal defense lawyers as the Justice Department ramps up meetings with managers to gather evidence that may lead to charges, people familiar with the matter
Dec. 6 , 2016
FRANKFURT -- Volkswagen Group has agreed to extend a 20 billion-euro ($21.2 billion) bank credit line, which is part of the automaker's efforts to maintain its financial strength while it counts the full cost of its diesel emissions scandal.
Nov. 29 , 2016
FRANKFURT -- Herbert Diess' first comprehensive global strategy for the Volkswagen brand pegs the U.S. as a critical market and production base to drive the automaker's profitability in the next decade but recognizes that a full recovery there will
Nov. 28 , 2016