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Tuesday, October 19, 2021
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Volkswagen

EU court rules against state aid for German airline Condor

A top European Union court annulled the EU’s approval of 550 million euros in state aid for German airline Condor, backing a challenge by...

Volkswagen reports huge pre-tax profit despite Covid-19 disruption

German car maker Volkswagen has said it made a better than expected post-tax profit of €8.8 billion in 2020 despite the disruption from the...

Volkswagen reports huge pre-tax profit despite Covid-19 disruption

German car maker Volkswagen has said it made a better than expected post-tax profit of €8.8 billion in 2020 despite the disruption from the...

Volkswagen loses €1.5 billion in second quarter

Volkswagen has recorded an after-tax loss of €1.54 billion in the second quarter as the coronavirus pandemic shut down factories and closed dealerships. The company...

German court ruling clears way to settle VW diesel cases

A German court has ruled that Volkswagen must buy back diesel cars from their owners which were equipped with software that evaded emissions testing. But...

‘Decisive court battle’ over Volkswagen emissions scandal set to begin

The first major battle in mass litigation brought against Volkswagen over the “Dieselgate” emissions scandal is set to be heard by the UK's High...

Volkswagen’s former CEO Martin Winterkorn charged with fraud

Former Volkswagen CEO Martin Winterkorn has been charged in Germany over the car manufacturer’s diesel emissions scandal. Prosecutors in Braunschweig say Mr Winterkorn failed to...

US charges Volkswagen and ex-chief executive with defrauding investors

A US regulator is charging Volkswagen and former chief executive Martin Winterkorn with defrauding investors during an emissions scandal. The Securities and Exchange Commission said...

Volkswagen engineer jailed and fined in diesel emissions scandal

A Volkswagen engineer who had a key role in the diesel emissions scandal has been sentenced to more than three years in prison and...

German car giants’ shares fall amid diesel emissions concerns

Shares in the three biggest German car makers have fallen after a report claimed they colluded for years over diesel emissions technology. BMW shares were...

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