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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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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 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
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.
U.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
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 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
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
Porsche, 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
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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