Final bidders say Takata should file for bankruptcy protection, report saysThu, 29, Sep 2016
All five bidders seeking to bail out Japan's beleaguered Takata have presented restructuring plans that require the airbag maker to file for bankruptcy protection, people with knowledge of the process told Reuters.
VW hopeful for emissions deal with U.S. by year end, Mueller saysWed, 28, Sep 2016
Volkswagen CEO Matthias Mueller said Wednesday he is hopeful the company can reach agreement by the end of the year with the U.S. government on the size of a fine to settle a criminal investigation of the company's alleged violations of U.S. clean air laws.
Takata in talks with U.S. to resolve criminal allegations, report saysWed, 28, Sep 2016
Japan's Takata in talks with the U.S. Department of Justice to resolve allegations of criminal wrongdoing related to its faulty airbags, The Wall Street Journal reported today.
U.S. said to ponder what size diesel penalty VW can withstandTue, 27, Sep 2016
The U.S. Justice Department is assessing how big a criminal fine it can extract from Volkswagen over emissions-cheating without putting the German carmaker out of business, according to two people familiar with the negotiations.
Tesla, Hoerbiger settle in court over falcon wing doorsMon, 26, Sep 2016
Tesla and the U.S. subsidiary of Swiss auto supplier Hoerbiger agreed to settle a lawsuit filed by the EV maker over problems with a proposed hydraulics system for the luxury Model X's "falcon wing" doors, court records show.
Volkswagen, Bosch oppose request for diesel documentsMon, 26, Sep 2016
Volkswagen AG and auto supplier Robert Bosch have asked a U.S. federal judge to reject requests from European investors and vehicle owners to access more than 20 million pages of records turned over in VW's emissions cheating scandal.
Takata interiors unit being sold to Piston Group, sources sayMon, 26, Sep 2016
Piston Group, the auto supplier owned by former NBA star Vinnie Johnson, is expected to acquire Takata's interiors subsidiary, Irvin Automotive, sources familiar with the deal said.
A dealer's nightmare: $2 million embezzledMon, 26, Sep 2016
Ford dealer O.C. Welch was stunned a year ago to find out his assistant comptroller was embezzling from him. On Sept. 15, she was sentenced to eight years in prison for stealing nearly $2 million from Welch's South Carolina dealership.
Winterkorn more closely involved with VW's cheating, paper saysMon, 26, Sep 2016
Volkswagen Group's former CEO, Martin Winterkorn, approved a plan to disclose only partial information on the automaker's software rigging to U.S. authorities, a German newspaper reported, citing newly uncovered documents.
YEAR TWO: Despite settlements and new product, VW's diesel mess drags onSun, 18, Sep 2016
Volkswagen's U.S. boss sees hope in Americans' tendency to forgive and in the arrival next year of two critical crossover models that are designed to appeal to American tastes. But this long-awaited run of fresh product will coincide with a messy new phase in the diesel scandal.
Takata failed to report 2003 airbag rupture to NHTSAFri, 23, Sep 2016
Japanese airbag supplier Takata said it failed to inform the U.S. auto safety agency of a 2003 rupture of one of its airbag inflators in Switzerland, according to an internal Takata report released by U.S. regulators on Friday.
VW emissions inquiry has found no evidence against Audi CEO, report saysFri, 23, Sep 2016
Investigators looking into Volkswagen's diesel-emissions scandal have found no suspicious facts against Rupert Stadler, the head of Audi, Reuters reported.