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By Reuters Staff 2 Min Read April 13 (Reuters) – Germany’s highest civil court has ruled that Volkswagen must compensate customers who took out loans to buy vehicles involved in the carmaker’s dieselgate scandal. But what is dieselgate and what
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A fine of $125 million against Volkswagen for ‘Dieselgate’ has been upheld by the Australian Federal Court. Volkswagen has lost a Federal Court appeal against a $125 million fine handed down in the wake of the ‘Dieselgate’ saga. Volkswagen and
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UPDATE, November 17: The United States Supreme Court has rejected an appeal from Volkswagen to avoid further legal action relating to Dieselgate damages. According to Automotive News, the Supreme Court justices threw out the appeals from Volkswagen and ECU supplier
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Volkswagen has failed in its appeal to have dismissed the record $125 million ‘Dieselgate’ fine handed down by Australia’s Federal Court in December 2019. The fine was issued by Justice Lindsay Foster, who described an earlier settlement of $75 million
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Volkswagen has failed in its appeal to have dismissed the record $125 million ‘Dieselgate’ fine handed down by Australia’s Federal Court in December 2019. The fine was issued by Justice Lindsay Foster, who described an earlier settlement of $75 million
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Australia’s federal court has dismissed an appeal from Volkswagen concerning a $125 million AUD ($95.2 million USD) fine that was imposed to it. The fine was set by the federal court for the automaker’s Dieselgate scandal, which ruled the company
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In a statement, Winterkorn’s lawyers rejected the Supervisory Board’s accusations, and Stadler’s lawyers made no comment. The allegations come following Volkswagen Group’s investigation led by the law firm Gleiss Lutz and following the examination of 1.6 million files and over
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Daimler’s board faced some tough questions about dieselgate during the annual meeting. A poorly received April Fools’ Day joke by Volkswagen about changing the company’s name blew up in VW’s face this week and wound up serving as a reminder
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German carmaker Volkswagen AG will seek damages for the diesel emissions scandal from ex-Chief Executive Martin Winterkorn and former Audi boss Rupert Stadler, claiming that they breached their duty of care under the stock corporation law, Carandbike reported citing Reuters.
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The board Friday announced its decision to assert claims for damages based on expert opinion that concluded negligent breaches of duty had occurred. Both Stadler and Winterkorn breached duty of care under stock corporation law, according to the board. A
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