Latest Conspiracy News

Legal teams battling over the ‘dieselgate’ emissions scandal have been told their cost estimates are ‘eye watering’ and ‘absurd’ by judges. After a three-day hearing, senior judges have slashed the claimants’ costs budget from £208m to £52m. The defendants’ budget ...

Senior judges have taken a chainsaw to what they describe as ‘absurd’ and ’eye-watering’ cost budgets in a collective action potentially worth £6bn. Following a three-day costs hearing featuring 23 counsel, Mr Justice Constable and Senior Costs Judge Gordon-Saker reduced ...

A court in Braunschweig, Germany today announced that former Volkswagen (VOW.DE) chief executive Martin Winterkorn must stand trial on fraud and tax evasion charges in connection with the 2016 diesel scandal, when VW was found to have installed emissions-manipulating software ...

In a major blow to Japan's prestigious automotive industry, five leading Japanese automakers — Toyota TM, Honda HMC, Mazda MZDAY, Suzuki, and Yamaha — have been accused of falsifying vehicle safety test data. The scandal bears an eerie resemblance to ...

By Eddie Beaver (June 12, 2024, 5:23 PM BST) -- Vehicle manufacturers including Renault and Peugeot Citroen that face thousands of "dieselgate" claims for allegedly cheating car emission tests are not at any risk of criminal prosecution in France while ...

A VW Golf GTI stands in a parking lot within sight of the brand tower on the grounds of the VW plant in Wolfsburg.Picture Alliance | Picture Alliance | Getty ImagesShares of European carmakers fell on Wednesday following a report ...

<img width="590" height="442" class="unveil" loading="eager" src="https://conspiracyresource.com/wp-content/uploads/2024/06/european-car-manufacturers-fall-following-uk-dieselgate-lawsuits-et-auto.webp" data-src="https://etimg.etb2bimg.com/photo/110938038.cms" captionrendered="1" alt="On Tuesday, spokespeople for Mercedes Benz and U.S. carmaker Ford said they saw "no merit" in the claims.">On Tuesday, spokespeople for Mercedes Benz and U.S. carmaker Ford said they saw "no merit" ...

STORY: Shares in European car manufacturers dropped on Wednesday.Investors are worried ahead of possible lawsuits in Britain over emissions tests.They believe it could cost companies over $7.5 billion.The claimants are owners of diesel vehicles.On Tuesday, lawyers told London's High Court ...

(Reuters) - Shares in European car manufacturers dropped on Wednesday, led by declines in major brands such as Volkswagen and BMW, ahead of possible lawsuits in Britain over emissions tests that could cost companies over $7.5 billion. Lawyers for the ...

Lawyers representing claimants have said before the High Court of London that some of the biggest car manufacturers in the world are currently exposed to an eye-watering 1.5 million pounds lawsuits that occur in Britain. These are lawsuits of cheating ...

Article 0 Comments Some of the world’s biggest carmakers are facing 1.5 million lawsuits in Britain for allegedly cheating emissions tests that could cost them at least 6 billion pounds ($7.6 billion), claimants’ lawyers told London’s High Court on Tuesday ...

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emailsSign up to our free breaking news emailsThe largest legal claim of its kind in English history against more than a dozen ...

BERLIN (Reuters) - Volkswagen said on Wednesday it had agreed with former executives, including ex-CEO Martin Winterkorn, to settle claims related to the dieselgate scandal that will see the carmaker receive 288 million euros ($351 million) in compensation.The settlement comes ...

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 ...

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 ...

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, ...

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 ...

Article 0 Comments Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54 million) to end a legal battle over the “dieselgate” emissions scandal, they said on Wednesday. In the ...

Article 0 Comments Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54 million) to end a legal battle over the “dieselgate” emissions scandal, they said on Wednesday. In the ...

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 ...