U.S. judge narrows SEC emissions lawsuit against Volkswagen

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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 emissions scandal. U.S. District Judge Charles Breyer in San Francisco granted VW’s motion to reject claims it misled investors when releasing more than $13 billion […]

U.S. consumers got $9.8 billion in Volkswagen diesel settlements

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American buyers of polluting Volkswagen vehicles received over $9.8 billion in settlements, the Federal Trade Commission (FTC) informed on Monday . Volkswagen agreed to buy back or repair over 550,000 polluting diesel U.S. vehicles following its admission in 2015 that it used secret software to evade emissions tests. The FTC in its final report on […]

Judge approves transferring jailed Volkswagen executive to Germany

Oliver Schmidt

A U.S. judge in Detroit on Thursday approved the transfer to Germany of a former Volkswagen executive imprisoned over the automaker’s diesel emissions scandal. In 2017, the U.S.-based VW executive Oliver Schmidt, who oversaw emissions issues, was sentenced to seven years in jail and fined $400,000, the maximum possible under a plea deal the German […]

U.S. court declines to shield Volkswagen in diesel scandal lawsuits

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A U.S. appeals court ruled on Monday that German automaker Volkswagen AG cannot escape possible financial penalties from two counties in Florida and Utah that may amount to a “staggering” extra liability arising from the automaker’s diesel emissions scandal. The unanimous ruling made by a three-judge panel of the 9th U.S. Circuit Court of Appeals, […]

Volkswagen’s defense questioned in landmark case over diesel damages

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Stephan Seiters, a German federal court judge, has questioned Volkswagen’s reasoning after the automaker urged the court to dismiss a claim for damages brought by an owner of a diesel powered VW Sharan family van. Tuesday’s proceedings were the first time that Federal Court of Justice, or Bundesgerichtshof, in Germany heard arguments from a plaintiff […]

Volkswagen settles lawsuit with most of the VZBV related claimants

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Volkswagen has reached settlements with 200,000 of the 260,000 claimants taking part in a class action lawsuit brought by German consumer group VZBV over the automaker’s misleading diesel emissions tests, the automaker said on Monday. A further 21,000 cases were still being evaluated for possible payouts of 1,350 – 6,250 euros ($1,464.35 – $6,779.38) per […]

Diesel scandal has cost Volkswagen 31.3 billion euros

2018 Volkswagen Tiguan

Volkswagen stated its diesel cheating scandal has cost it 31.3 billion euros ($34.69 billion) in fines and settlements, and the German automaker expects cash outflows to continue until next year, saying that these have already been provisioned for. Volkswagen was admitted hiding excessive levels of toxic diesel emissions in 2015, a scandal that resulted in […]

Volkswagen to pay $915 million to German consumers over dieselgate

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Volkswagen reached a “comprehensive agreement” with the German consumer federation VZBV with relation to a compensation settlement over the company’s 2015 emission’s scandal, a court in the central German city of Braunschweig declared on Friday. Some 260,000 German consumers who were affected by the incident will get between €1,350 and €6,257 ($1,484 and $6,879), depending on the […]

Volkswagen offers 830 million euros to compensate German consumers

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Volkswagen stated it will compensate owners of its heavily polluting diesel automobiles in Germany in a settlement that will cost automaker 830 million euros ($900 million). In 2015 VW admitted that they were using manipulated engine management software to evade excessive pollution levels in its diesel cars, resulting in series of prosecutions and lawsuits. The […]

Canadian judge approves $149 million fine against Volkswagen over diesel emissions

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A judge in Canada has approved a C$196.5 million ($149.7 million) fine against Volkswagen AG on Wednesday once the company pleaded guilty to dozens of counts of diesel emissions infractions. Volkswagen was charged in December with importing almost 128,000 vehicles into Canada breaching emissions standards. VW pleaded guilty after being charged with 60 counts of […]

Polish watchdog UOKiK fines Volkswagen over emissions scandal

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Poland’s consumer watchdog UOKiK stated on Wednesday that it was fining Volkswagen over 120 million zlotys ($31.6 million) for misleading consumers about the emissions of its vehicles. The fine, the biggest ever given by the regulator for breach of consumer rights, is the newest chapter in the emissions cheating scandal that has cost the German […]

Australia fines Volkswagen $86 million for emissions violation

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Australia’s competition regulator stated the federal court has penalized Volkswagen AG a record A$125 million ($86 million) for supposedly making false representations regarding compliance with the nation’s diesel emission standards. This penalty amount is the highest ever ordered by the court for contraventions of the Australian Consumer Law, the Australian Competition and Consumer Commission (ACCC) […]