Conspiracy news & views from all angles, up-to-the-minute and uncensored
BERLIN (Reuters) – Volkswagen’s (VOWG_p.DE) Porsche brand is seeking 200 million euros (179.21 million pounds) in damages from its luxury stablemate Audi over costs related to manipulated diesel engines, Bild newspaper reported on Friday.Porsche’s management delivered the claim in written form to …
Read More
Korean authorities issue criminal indictments against three current and former Audi Volkswagen Korea executives for their alleged roles in emissions-test-rigging and false NVH certification.Johannes Thammer, CEO of Audi VW Korea; Trevor Hill, former CEO of Audi VW now based in Germany; and former …
Read More
WOLFSBURG, Germany – The Volkswagen Group announces it has met its first-quarter operating profit forecast for 2019, despite a further special provision to its balance sheet to cover mounting costs related to the 2015 diesel emissions manipulation scandal.The German automaker, whose portfolio of …
Read More
Volkswagen has set aside around €50 million ($81 million) to settle the suit, with owners eligible for between €550 ($896) and €1100 ($1790). The payout varies depending on whether an owner bought the car new or used, still own the vehicle or sold it before September 2015, and whether the car is …
Read More
Another chapter closes dieselgate scandal di Volkswagen. The Wolfsburg automotive group has achieved a agreement in Italy with Altroconsumo to close the class action promoted by the association. This legal action, initiated in 2016, aimed to compensate over 60 thousand owners di Volkswagen, Audi, …
Read More
BERLIN (Reuters) – Volkswagen (VOWG_p.DE) will raise its provisions to pay for an emissions cheating scandal to a double digit billion euros amount, from 6.7 billion ($7.6 billion) euros at present, two people familiar with the matter said on Wednesday.Regulators and prosecutors around the world …
Read More
Volkswagen, along with a car owners’ group in Italy, has resolved a longstanding legal dispute related to the “dieselgate” emissions scandal, agreeing to a settlement exceeding EUR 50 million (USD 54 million). This marks a significant development in the aftermath of the emissions fraud scandal that …
Read More
Volkswagen and a group representing car owners in Italy have reached an agreement worth more than €50m (R991.6m) to end a legal battle over the “dieselgate” emissions scandal, they said on Wednesday.In the settlement, more than 60,000 car owners affected by the emissions fraud will be paid up to …
Read More
In the US, following the disclosure that VW had cheated emissions tests, justice has been swiftly and effectively delivered. This is in stark contrast to Europe where VW claims it has not acted illegally, no penalties have been levied and no compensation has been provided to customers.But the …
Read More
Even a diesel car that passed the EU’s new on-road test emits nine times the legal amount of nitrogen oxides (NOx) when driven in a way more representative of typical driving, new testing shows. NGO Transport & Environment (T&E), which authored the report, said it shows combustion engines – …
Read More