VW believes it can fix 85,000 polluting 3.0-liter U.S. vehiclesThu, 30, Jun 2016
A lawyer for Volkswagen AG said the German automaker believes it can fix 85,000 polluting 3.0-liter VW, Audi and Porsche diesel cars and SUVs, a move that could help the company avoid a second pricey buyback.
Suzuki Motor appoints scion as CEO to rebuild after testing scandalWed, 29, Jun 2016
Suzuki Motor Corp. tapped the son of the company patriarch to become CEO, keeping management of Japan's fourth-largest automaker with the founding family as it tries to recover from a testing scandal.
Why VW owners get $10,000 in U.S., but a bit of pipe in the EUWed, 29, Jun 2016
If you own a Volkswagen with a diesel engine in the U.S., the company will buy back your car and give you as much as $10,000. If you drive one in Europe, you may only get a piece of pipe. The reasons for the wide disparity is the big differences in legal and regulatory structures in each region.
VW owners to get buyback price plus at least $5,100 in U.S. dealTue, 28, Jun 2016
VW's decision to violate U.S. emissions rules on 2.0-liter diesel vehicles, a cornerstone of its vehicle lineup, will cost the company more than $15 billion under far-reaching settlements with car owners, the federal government and dozens of states.
VW settlement promotes technologies sold by competitorsTue, 28, Jun 2016
Volkswagen's $15 billion settlement with the U.S. and California over cheating on diesel emissions includes billions of dollars to support technologies sold by rivals such as General Motors and Toyota.
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.
Q&A on Volkswagen scandal settlementTue, 28, Jun 2016
Volkswagen has agreed to offer nearly 500,000 owners of diesel vehicles it sold in the U.S. a choice between selling their cars back to VW, or waiting to see if the company can develop technology that brings the vehicles into compliance with pollution standards. The deal also includes cash compensation.
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 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.
VW gets approval for fixes on another 1 million diesel carsWed, 22, Jun 2016
Volkswagen CEO Matthias Mueller says the automaker has received regulatory approval for technical fixes on another 1 million diesel cars, mainly Golf models, and expects the number to keep growing.
Nissan reviews Mitsubishi fuel economy claims as due diligence continuesWed, 22, Jun 2016
Nissan is looking into whether Mitsubishi Motors may have faked fuel economy figures outside of Japan as part of Nissan's due diligence review of the company before finalizing its plan to buy a 34 percent stake for 237 billion yen ($2.28 billion).
Lawyers for VW shareholders, bondholders file lawsuits in Germany, U.S.Tue, 21, Jun 2016
Lawyers acting for VW shareholders have filed the first of two lawsuits in Germany against the automaker in claims that could run into billions of euros over the carmaker's emissions scandal.