Volkswagen turns down judge’s call to settle German class action on emissions

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Volkswagen this week rejected a German judge’s call to settle a customer class action lawsuit that concerns its rigging of diesel emissions tests, stating there was no case to answer. VW admitted utilizing illegal software to cheat U.S. diesel engine tests in 2015, a scandal which has cost it over $30 billion in vehicle refits, […]

Judge questions SEC on delay in filing Volkswagen civil suit

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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 the agency describe its rationale. Volkswagen was caught using illegal software to evade U.S. pollution tests in 2015, causing a global backlash against diesel vehicles […]

Volkswagen Faces Lawsuit For Selling Prototypes Unfit For The Road

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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 by regulators. The suit contends that the automaker concealed such details from dealers and customers. The case is based in part on internal emails that […]

Court rejects second investor group action against VW and Porsche

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A German court on Wednesday stated it won’t permit a second investor group action against Volkswagen and Porsche, for allegedly failing to tell investors about the Diesel scandal in 2015. Investors have brought multiple cases against both automakers in the southern city of Stuttgart, arguing that the automakers should have issued adhoc-statements previously to inform […]

Volkswagen strikes deal with Broadcom to settle a patent lawsuit

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Germany’s Volkswagen has struck a deal with U.S. semiconductor maker Broadcom to end a billion-dollar patent lawsuit that pitted the automaker against its provider, a source near to Volkswagen informed Reuters on Wednesday. The companies signed an out-of-court settlement, the source stated, including that a court hearing scheduled for Friday had now been canceled. Volkswagen […]