U.S. discloses terms of VW's $15 billion settlement for emissions violationsTue, 28, Jun 2016
VW's decision to cheat on the 2.0-liter diesel vehicles it made the cornerstone of its U.S. vehicle lineup will cost the company nearly $15 billion in far-reaching settlements with purchasers of those cars and the U.S. government.
VW's U.S. settlement to grow to $15 billion in emissions scandal, report saysMon, 27, Jun 2016
Volkswagen AG's settlement with nearly 500,000 U.S. diesel owners and government regulators over polluting vehicles is valued at more than $15 billion cash, two sources briefed on the matter told Reuters on Monday.
Bentley: Yes, we're still in the sedan bizSat, 25, Jun 2016
Despite the popularity of the Bentayga crossover, Bentley says the Mulsanne sedan will remain king of its lineup.
China may lift cap on foreign carmaker stakes in JVsMon, 27, Jun 2016
China's government is considering the removal of caps on stakes foreign carmakers can own in joint ventures with local partners, potentially loosening a policy criticized for shielding state-owned companies from competition and building their own brands.
VW should pay Europeans same compensation as U.S. drivers, EU commissioner saysSun, 26, Jun 2016
VW Group should offer European drivers similar compensation to what the German carmaker is expected to pay U.S. customers, Europe's Industry Commissioner Elzbieta Bienkowska told a newspaper on Sunday.
VW drops low-volume Jetta Hybrid in U.S.Mon, 27, Jun 2016
Volkswagen of America is dropping the Jetta Hybrid for 2017, ending a run of three model years for the lone hybrid in its U.S. lineup.
Audi bets on experience in EV challenge with TeslaFri, 24, Jun 2016
Audi is preparing to challenge Tesla in making electric cars, betting that its decades of experience in designing traditional automobiles will help it trump the Silicon Valley startup.
VW drops Jetta Hybrid from U.S. lineupThu, 23, Jun 2016
Volkswagen of America is dropping the Jetta Hybrid for the 2017 model year, eliminating the lone hybrid in its U.S. lineup.
VW Korea exec arrested over emissions manipulationFri, 24, Jun 2016
South Korea prosecutors arrested an executive at Volkswagen's local unit as part of investigations into whether the automaker violated the country's environmental laws after it admitted to rigging diesel vehicles to cheat on U.S. emissions tests.
VW to fit filters to clean up gasoline enginesFri, 24, Jun 2016
Volkswagen plans to fit particle filters in up to 7 million turbocharged gasoline direct-injection engines starting mid-2017 to help meet future tailpipe emission targets.
VW to pay diesel owners up to $7,000, report saysThu, 23, Jun 2016
Volkswagen will pay owners of its polluting diesel cars up to $7,000, and agree to fund a grant program to offset air pollution, under a $10 billion settlement being negotiated for submission to a federal judge next week, Bloomberg reported, citing people familiar with the talks.
VW chairman under fire from investors for dual role in crisisWed, 22, Jun 2016
VW Group Chairman Hans Dieter Poetsch bore the brunt of investor dissatisfaction over the automaker's handling of its emissions cheating scandal during the company's annual shareholder meeting today, with some even trying to remove him as host of the gathering.