Australian competition regulator said on Friday the federal court rejected Volkswagen’s appeal against a record A$125 million ($95.1 million) fine on the automaker, which was part of its global emissions …
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Volkswagen scandal
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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. …
- Volkswagen
Volkswagen sets aside 5.5 billion euros to deal with diesel scandal
by SpeedLuxby SpeedLuxVolkswagen 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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Porsche SE, the main investor of Volkswagen, is dealing with lawsuits from investors asserting the company did not divulge the financial dangers of Volkswagen’s emissions scandal discovered a year back. …
- Volkswagen
U.S., California regulators reject Volkswagen’s proposed fix for diesel cars
by SpeedLuxby SpeedLuxU.S. and California regulators have actually declined Volkswagen‘s suggested fix for a lot of the vehicles associated with its emissions scandal, dealing an additional problem to the German car manufacturer …
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Image Located From Pixabay If you’ve been following the news in the last few months, you’re sure to have at least picked up on Volkswagen’s emissions scandal. The claim, which …
- Volkswagen
Volkswagen states CO2 cheats affect further petrol engines than disclosed before
by SpeedLuxby SpeedLuxVolkswagen handled the carbon dioxide (CO2) emission levels of extra petrol-powered autos than disclosed last time, according to a spokesman on Monday. Volkswagen stated on Nov. 3 it had underestimated …
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A leading auto website stated that Volkswagen is planning to provide cash to American owners owning diesel cars that were intentionally functioned to give false information on emission tests. The …
- PorscheVolkswagen
Due to Volkswagen’s emissions scandal Porsche will stop selling one of its best-selling SUVs
by SpeedLuxby SpeedLuxPorsche, one of the carmakers captured in the middle of Volkswagen‘s ongoing emissions scandal has recently released a stop-sale order on one of its most preferred models, called Cayenne Diesel …
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Volkswagen thinks that as much as around 20 individuals were associated with its rigging of diesel-engine exhausts tests, a person familiar with the matter stated on Thursday. A source told …
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