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Volkswagen can’t seem to shake off its “Dieselgate” scandal, even as it has cost the company more than $30 billion in fines, penalties, restitution and settlement of lawsuits since September 2015. The U.S. Securities and Exchange Commission (SEC) last week
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Reporting on avoided emissions aids comparison between sustainable products and their competition. It is the difference in emissions from using, for example, fuel-efficient tires versus their counterparts. There’s just one big issue with this seemingly useful data—companies can skew their
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A federal grand jury in Detroit has indicted four former Audi managers for their alleged role in the German automaker’s scheme to cheat US emissions testing on diesel-powered cars, according to a new court document published Thursday. Audi’s malfeasance was
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It’s been an electrifying month for the German auto industry. Mercedes-Benz presented its first all-electric SUV. BMW offered a glimpse of its upcoming EV strategy by unveiling a concept car. And Audi is going electric, as well. On Monday, the
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This article was co-published with Fortune. On Dec. 6, former Volkswagen engineer Oliver Schmidt was led into a federal courtroom in Detroit in handcuffs and leg irons. He was wearing a blood-red jumpsuit, his head shaved, as it always is,
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By Jan Schwartz, Victoria Bryan 5 Min Read HAMBURG/BERLIN (Reuters) – Volkswagen is taking another $3 billion charge to fix diesel engines in the United States, lifting the total bill for its emissions-test cheating scandal to around $30 billion. The
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