Articles Tagged with "VW"

VW agrees to spend up to $1.6 billion on Canada emissions settlement
VW agrees to spend up to $1.6 billion on Canada emissions settlement

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
Bosch expected to settle U.S. VW diesel claims for $300 million, report says
Bosch expected to settle U.S. VW diesel claims for $300 million, report says

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
VW gets weekend for 'intense' talks on diesel-cheating case
VW gets weekend for 'intense' talks on diesel-cheating case

A federal judge said Volkswagen Group has made "substantial progress" toward a settlement to get about 80,000 Audi, VW and Porsche vehicles with emissions-cheating 3.0-liter diesel engines fixed or off U.S. roads.

Dec. 19 , 2016
VW extends 20 billion euro loan to weather diesel fall-out
VW extends 20 billion euro loan to weather diesel fall-out

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
VW charts its long journey back
VW charts its long journey back

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
VW Add New Classic Projects with Traditional Ones’ Cut
VW Add New Classic Projects with Traditional Ones’ Cut

VW has surprised insiders by cancelling “Night of VW” during the 14th China (Guangzhou) International Automobile Exhibition, which made people to guess what happened about the automaker.

Nov. 23 , 2016