The U.S. Securities and Exchange Commission (SEC) has started an inquiry into the U.S. unit of Volkswagen over a marketing stunt in which it said it was changing its name …
Securities and Exchange Commission (SEC)
German automaker BMW AG and two U.S. subsidiaries agreed Thursday to pay an $18 million (£14.1 million) U.S. fine to resolve allegations that they revealed misleading information about the automaker’s …
A U.S. judge on Thursday turned down portions of a U.S. Securities and Exchange Commission (SEC) lawsuit alleging Volkswagen AG of defrauding American investors in association with the automaker’s diesel …
After the company missed a $400 million lease payment in early May, they had to file for bankruptcy protection. Hertz abandoned its plan to sell $500 million in common stock …
- Tesla
Tesla’s market value falls significantly after controversial tweet by Elon Musk
by SpeedLuxby SpeedLuxA sort of bloodbath has been observed for Tesla stock as billions of dollars were just got wiped off after its CEO Elon Musk tweeted that the automaker’s stock was “too high”. Tesla stock …
German automaker BMW AG stated on Monday that it was being investigated by the U.S. Securities and Exchange Commission after a report of an investigation associated with the company’s sales …
Fiat Chrysler Automobiles NV and its U.S. unit is set to pay $40 million for misleading investors regarding its monthly sales figures and will resolve a lengthy probe by the …
A federal judge on Friday asked the U.S. Securities and Exchange Commission on the timing of its civil suit submitted in March alleging Volkswagen AG of defrauding investors and demanded …
- Volkswagen
Ex-Volkswagen CEO Winterkorn charged over diesel emissions scandal
by SpeedLuxby SpeedLuxMartin Winterkorn has been charged over his involvement in the company’s diesel emissions scandal. The public prosecutor in Braunschweig charged former Volkswagen CEO Martin Winterkorn and four other managers with …

