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Germany-based Volkswagen AG’s former Chief Executive Martin Winterkorn has agreed to pay around €10 million (($12 million) in damages to the carmaker over the diesel emissions scandal, Reuters reported citing Business Insider. In March, Volkswagen said that it will seek damages from ex-CEO Mr. …
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Former Volkswagen chief executive Martin Winterkorn leaves after testifying to a German parliamentary committee on the carmaker’s emissions scandal in Berlin, Germany, January 19, 2017. REUTERS/Hannibal Hanschke/File Photo Former Volkswagen (VOWG_p.DE) chief Martin Winterkorn has agreed to pay …
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Millions of British drivers who own diesel vehicles are being invited to claim compensation over alleged emissions cheating. About 9.6 million diesel vehicles could be affected, with a payout of up to £12,000 a driver. If one in three owners claims and the cases are successful, the total payout …
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Millions of British drivers who own diesel vehicles are being invited to claim compensation over alleged emissions cheating. About 9.6 million diesel vehicles could be affected, with a payout of up to £12,000 a driver. If one in three owners claims and the cases are successful, the total payout …
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By Aly McDevitt2021-05-18T13:00:00 While Larry Thompson assembled his team for the Dieselgate monitorship, Volkswagen countered with appointments of its own, including Hiltrud Werner as head of integrity and legal affairs. Their relationship would determine the success of the monitorship going …
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The software, known in the auto industry as a “defeat device,” is prohibited under the Clean Air Act. In Volkswagen’s case, it sensed when a vehicle was being tested for compliance with applicable emissions standards. Once certain inputs were recognized (like the movement of a steering wheel), the …
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Talking points Volkswagen Group of America being investigated by the SEC Authorities probing whether ‘Voltswagen’ April Fool’s Day joke may have misled investors Automaker under fire while still recovering from ‘Dieselgate’ scandal Volkswagen’s American arm is being investigated by the US …
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The U.S. Supreme Court is asking the Biden administration to weigh in on a matter of great import to Volkswagen. The court is looking to answer the question of whether or not local governments in Florida and Utah can sue the automaker for damages stemming from 2015’s Dieselgate scandal. The court …
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German prosecutors have charged 15 Volkswagen AG executives and a supplier in the diesel emission scandal, Automotive News reported citing Reuters. The suspects are accused of aiding and abetting fraud in addition to tax evasion, criminal advertising, and indirect false certification related to the …
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Automobile giant Volkswagen is demanding 1 billion Euros from their ex-CEO, Martin Winterkorn because of the “dieselgate” emissions scandal that happened a few years ago. According to the Sueddeutsche Zeitung newspaper, the sum of 1 billion Euros is the largest amount that has ever been claimed …
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