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German prosecutors broadened an inquiry into presumed market control by supervisors at Volkswagen to add the automaker’s supervisory board Chairman Hans Dieter Poetsch, Volkswagen stated. The investigation, which associates with
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U.S. District Judge Charles Breyer stated on Thursday that Volkswagen has made significant development in talks with the United States Justice Department and other federal government companies towards solving the
Volkswagen stated that the use of defeat devices, that allowed the automaker’s diesel automobiles to evade emissions guidelines, does not breach European law, as the automaker intends to strengthen its
The supervisory board of Volkswagen will hold a remarkable conference on Friday, November 4, to speak with on an extensive restructuring of the automaker, two supervisory board sources informed Reuters.
Europe’s biggest vehicle producer Volkswagen says a shift to electrical vehicles will require the automaker to slash 25,000 job openings in the coming years, the Frankfurter Allgemeine Zeitung paper reported,
General Motors and most of other car manufacturers on Tuesday report October U.S. sales, amid issues about waning need. A possibly maxed-out auto-loan market and incentives’ effect on earnings. Ford Motor,
Profits at Volkswagen‘s core brand name plunged over a half in the 3 months through September, showing up the pressure on the German automaker to strike a huge cost-cutting deal
A Spanish court on Wednesday for the very first time ruled in favor of a purchaser of a Volkswagen car with transformed emissions software, buying 2 of the German company’s
A U.S. judge on Tuesday authorized one of the most significant corporate settlements on record, Volkswagen AG‘s $14.7 billion offer arising from its diesel emissions scandal, and the German automaker
New Mexico is expected to get almost $17 million from a federal settlement with Volkswagen in a lawsuit declaring the automaker’s diesel engine emissions violated the Clean Air Act– cash
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