Articles Tagged with "VW"

VW Pleads Guilty to Criminal Misconduct, Six Employees Indicted
VW Pleads Guilty to Criminal Misconduct, Six Employees Indicted

Volkswagen has agreed to pay $4.3 billion in criminal and civil penalties related to its diesel cheating. The U.S. government has also indicted six high-level VW employees for their roles in the conspiracy.

Jan. 12 , 2017
VW confirms $4.3 billion U.S. settlement over diesel emissions
VW confirms $4.3 billion U.S. settlement over diesel emissions

BERLIN -- Volkswagen Group confirmed Tuesday it has negotiated a $4.3 billion concrete draft settlement with U.S. regulators to resolve its diesel emissions issues and plans to plead guilty to criminal misconduct as part of the civil and criminal set

Jan. 11 , 2017
Summary: FAW-VW’s market performance in December
Summary: FAW-VW’s market performance in December

Among the active manufacturers competing in the Chinese automotive industry in 2016, FAW Volkswagen was among the most successful. Despite an increasing number of Chinese cities introducing legislation aimed at controlling traffic congestion and limi

Jan. 9 , 2017
VW seals US$1b agreement to settle claims in diesel case
VW seals US$1b agreement to settle claims in diesel case

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

Dec. 22 , 2016
VW gets final clearance for European diesel fixes
VW gets final clearance for European diesel fixes

BERLIN -- Volkswagen Group said it has received all clearances from Germany's motor vehicle authority KBA to fix diesel cars fitted with manipulated emission-control software.

Dec. 22 , 2016
VW reaches agreement to fix, buy back 3.0-liter U.S. diesels
VW reaches agreement to fix, buy back 3.0-liter U.S. diesels

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
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