Volkswagen stated it has set aside 5.5 billion euros ($6.16 billion) in contingent liabilities to cover possible dangers emerging from a diesel cheating scandal, chief financial officer Frank Witter stated
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Articles related to emissions scandal involving Volkswagen.
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German prosecutors are probing a possible breach of fiduciary duty by Volkswagen regarding bonus payments made to an executive who was suspended following automaker’s emissions cheating scandal. German automaker was
A lawsuit filed by three car purchasers last month in Federal District Court in Alexandria, Va., alleged the Volkswagen of defrauding consumers by selling early prototypes not certified for sale
The U.S. Securities and Exchange Commission (SEC) is taking legal action against Volkswagen and its former CEO Martin Winterkorn over the German automaker’s diesel emissions scandal, accusing of a “massive
Volkswagen’s effort to get its fleet of vehicles certified according to the new WLTP emissions standard have cost the automaker up to 3.6 billion euros ($4.04 billion) in last year,
Volkswagen is seeking damages from former managers, who were eliminated for their roles in the diesel emissions scandal that has cost the automaker more than $30 billion, the Handelsblatt newspaper
The German state of Baden-Wuerttemberg plans to take legal action against Volkswagen over the automaker’s cheating of emissions tests, newspaper Frankfurter Allgemeine Zeitung (FAZ) noted on Monday. The federal state’s
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.
U.S. semiconductor provider Broadcom has made a patent claim for over $1 billion against Volkswagen and is threatening to look forward to a judicial ban on the production of several
German automaker Volkswagen has agreed to cover some but not all of the expenses for hardware retrofits of diesel vehicles, Transport Minister Andreas Scheuer stated on Monday, adding the German
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