Audi to buy back 25,000 Q7 diesel SUVs in U.S., report saysFri, 21, Oct 2016
Audi plans to buy back 25,000 Q7 diesel engine SUVs in the U.S. to compensate owners whose cars do not meet exhaust emission standards, German weekly Der Spiegel reported today.
VW suppliers keen to avoid disputes despite price squeezeWed, 19, Oct 2016
Volkswagen suppliers seem keen to avoid more disputes with the company even as they face growing pressure from the automaker to accept price cuts in the wake of its diesel-emissions scandal.
VW said to seek final approval of U.S. emissions deal without agreed fixTue, 18, Oct 2016
Volkswagen Group is asking for a final sign-off on its $14.7 billion U.S. settlement with drivers caught up in its emissions scandal even as the automaker continues to seek regulators' approval for a fix for vehicles with "defeat device" software.
VW relief package: It's somethingMon, 10, Oct 2016
It's hard to tell whether VW's $1.21 billion compensation plan will make dealers whole. But retailers say the compensation represents a much-needed boost as they labor to move beyond the crisis.
VW CEO Mueller had no knowledge of diesel scandal, paper saysSun, 09, Oct 2016
VW Group CEO Matthias Mueller had no knowledge of the company's diesel emissions cheating, Germany's Bild am Sonntag newspaper said, citing a report by Jones Day, the law firm tasked with investigating the scandal.
Congresswoman raises concerns about VW settlement oversightSat, 08, Oct 2016
A settlement with U.S. regulators gives Volkswagen too much authority over how to spend $2 billion on electric vehicle technology, a U.S. congresswoman from California said this week in a letter.
VW has no plans to sell brands, Poetsch tells paperFri, 07, Oct 2016
VW Group will not sell any of its brands or seek a capital increase to meet the costs of its emissions scandal, Chairman Hans Dieter Poetsch told a German newspaper. VW does not need to increase the $19.8 billion it has set aside to pay for costs related to the scandal, he said.
Execs expect smaller role for diesel in EuropeSun, 02, Oct 2016
Senior auto executives they expect the role of diesel engines in Europe to wane in the coming years amid government scrutiny and rising costs to comply with toughening regulations.
Mitsubishi to resume sales of 8 models in Japan after scandalFri, 30, Sep 2016
Mitsubishi Motors plans to resume sales of eight vehicle models in Japan on Saturday after correcting overstated mileage readings in its second cheating scandal this year.
VW brand boss Diess sees several tough years of restructuring aheadFri, 30, Sep 2016
VW Group will need years to repair its namesake brand's tarnished image following its emissions-cheating scandal, VW brand chief Herbert Diess said. Despite this, he expects sales of VW-brand cars to rise this year.
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.
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.