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Tuesday, January 26, 2021
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Volkswagen

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...

Audi to fit 850,000 diesel cars with software to improve emissions

German car maker Audi is to fit up to 850,000 diesel cars with new software to improve their emissions performance. Audi, a unit of Volkswagen,...

Ex-Volkswagen CEO ‘knew about emissions cheating earlier than claimed’

German prosecutors have expanded their probe into Volkswagen's diesel car emissions scandal, claiming they have evidence former CEO Martin Winterkorn may have known of...

Former Volkswagen CEO Winterkorn denies any wrongdoing at emissions inquiry

Former Volkswagen CEO Martin Winterkorn has denied early knowledge of the company's cheating on diesel emissions as he testified to a German parliamentary inquiry. It...

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