Volkswagen dieselgate
Audi fined $1.3 billion for V6, V8 diesel emissions violations
In another big blow to Volkswagen Group and its finances, Audi has just been slapped with a whopping 800-million-euro fine (about AU$1.3 billion). It was handed out by German prosecutors for emissions-related issues with its...
Volkswagen to fire more staff following dieselgate scandal – report
Volkswagen is preparing to cull a number of high-level employees as it recovers from the dieselgate scandal, according to reports. German press Handelsblatt and Bild am Sonntag are reporting the Volkswagen Group is planning on...
VW may recall 124,000 cars due to harmful materials
Volkswagen may be looking at another raft of recalls of its electric vehicles after cadmium – a carcinogenic metal – has been found in over 120,000 of its electric and hybrid vehicles, according to reports....
Audi boss Rupert Stadler arrested in Germany; dieselgate
Audi CEO Rupert Stadler has been arrested by the Munich prosecutor’s office in Germany, to prevent a potential suppressing of evidence relating to the massive Volkswagen Group dieselgate scandal. Professor Stadler was arrested at his...
Former Volkswagen exec Oliver Schmidt sentenced to 7 years prison
Former Volkswagen executive Oliver Schmidt has been sentenced to seven years in prison in the US after he pleaded guilty to two felony charges of conspiracy to defraud the United States, and violating the Clean...
Former Volkswagen chief engineer arrested for dieselgate – report
The former head engineer at Volkswagen Group, Wolfgang Hatz, has reportedly been arrested by German authorities for his role in the massive dieselgate scandal that saw millions of vehicles roll out from VW Group brands...
Volkswagen to pay US$1.2 billion in 3.0 TDI settlement
Late last week a federal judge in the U.S. granted final approval for Volkswagen AG to pay at least $1.22 billion to either fix or buy back affected 3.0 TDI V6 vehicles. The vehicles include...
Volkswagen officially a felon in the US, pleads guilty to criminal conduct
Volkswagen Group has pleaded guilty to three felonies in the United States, including conspiracy, obstruction of justice, and introducing imported merchandise into the USA by means of false statements. This essentially makes Volkswagen Group a...
Volkswagen dieselgate U.S. dealership case settled in US$1.2b deal
Volkswagen has had a settlement worth $1.21 billion officially approved by a judge in the U.S. The settlement in question is in relation to the 650 U.S. Volkswagen dealerships that filed for damages in the...
Ex-VW boss Winterkorn denies knowing about defeat devices
Volkswagen’s ex-CEO, Prof. Dr. Martin Winterkorn, has told German lawmakers he was unaware of the existence of any defeat devices fitted to 11 million VW vehicles before late August, 2015. Winterkorn, who has since resigned...
Volkswagen negotiates $4.3b deal with U.S. Justice Department
Volkswagen has negotiated the terms of a criminal and civil settlement with the U.S. Justice Department worth $4.3 billion, according to reports. The settlement, now in a concrete draft format, is still pending approval by...
Volkswagen settles on $1 billion buy-back or fix plan for 3.0 TDI engines in U.S.
Volkswagen has reached an agreement with U.S. regulators, agreeing to a $1 billion settlement in regard to its 3.0-litre TDI engines embroiled in the dieselgate scandal. The $1 billion settlement includes plans to fix, or...
