A U.S. judge in California has okayed preliminary approval to a $48 million settlement for investors who stated Volkswagen AG made incorrect and misleading statements about its excess diesel emissions. …
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Judge Charles Breyer
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Court document reveals Volkswagen has spent $2.9 billion on U.S. buybacks
by SpeedLuxby SpeedLuxVolkswagen has paid $2.9 billion to buyback almost 138,000 U.S. diesel automobiles through February 18 due to its emissions scandal, a court file made public on Tuesday reveals. The report …
- Volkswagen
Judge says Volkswagen must face U.S. investor lawsuit in emissions scandal
by SpeedLuxby SpeedLuxVolkswagen and previous CEO Martin Winterkorn should defend an investor lawsuit in California over the automaker’s diesel emissions scandal, a U.S. judge ruled on Wednesday. U.S. District Judge Charles Breyer …
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Volkswagen agrees to repair and buy back more polluting U.S. diesel automobiles
by SpeedLuxby SpeedLuxVolkswagen has accepted a $1 billion settlement to fix or repair another 80,000 contaminating diesel vehicles sold in the United States as the German company on Tuesday took new actions …
- Volkswagen
Volkswagen gets final extension for possible emissions deal for 80,000 vehicles
by SpeedLuxby SpeedLuxOn Monday a federal judge gave Volkswagen, U.S. regulators and lawyers for vehicle owners a final extension to attempt to reach a deal for the remaining 80,000 automobiles caught in …