Volkswagen emissions scandal

May 23, 2019 - 6:02 am
BERLIN (AP) — German prosecutors have fined auto components and technology company Robert Bosch GmbH 90 million euros ($100 million) over its role in the diesel emissions scandal that erupted at Volkswagen in 2015. Prosecutors in Stuttgart said Wednesday that Bosch was fined for a negligent...
Read More
FILE - In this March 14, 2017 file photo Volkswagen cars are lifted inside a delivery tower of the company in Wolfsburg, Germany. German automaker Volkswagen saw operating profit slip in the first quarter 2019 as the company set aside 1 billion euros for legal issues but reaffirmed its profit goals for the year and saw better profits at its core brand. (AP Photo/Michael Sohn, file)
May 02, 2019 - 5:40 am
FRANKFURT, Germany (AP) — German automaker Volkswagen saw its profit slip in the first quarter as the company set aside 1 billion euros ($1.1 billion) for legal risks related to its 2015 diesel scandal. The company nevertheless showed that it was holding its own against the headwinds buffeting the...
Read More
FILE - In this Jan. 19, 2017 file photo Martin Winterkorn, former CEO of the German car manufacturer 'Volkswagen', arrives for a questioning at an investigation committee of the German federal parliament in Berlin, Germany. (AP Photo/Michael Sohn, file)
April 15, 2019 - 7:46 am
FRANKFURT, Germany (AP) — German prosecutors have indicted former Volkswagen CEO Martin Winterkorn and four others on charges of fraud and unfair competition, saying he failed to prevent the manipulation of engine software that let Volkswagen cars cheat on diesel emission tests. Prosecutors in...
Read More
April 14, 2019 - 6:04 pm
Volkswagen is planning to release a fully-electric SUV in China which could compete with Tesla's Model X. The German automaker said Sunday the ID. ROOMZZ will be unveiled at the upcoming Shanghai Auto Show and will be available in 2021. Volkswagen says the zero-emission vehicle can go approximately...
Read More
Cars are seen during an opening ceremony of the Mercedes Benz automobile assembly plant outside Moscow, Russia, Wednesday, April 3, 2019. Germany's Daimler AG has opened a new Mercedes factory in Russia, part of a 250 million euro ($281 million) investment it says will create 1,000 jobs. (AP Photo/Pavel Golovkin, Pool)
April 05, 2019 - 10:11 am
BRUSSELS (AP) — European Union authorities said Friday that German automakers BMW, Daimler and Volkswagen colluded to limit the development of emissions-cleaning technology in cars. The finding adds to the car industry's woes after Volkswagen in 2015 admitted to cheating on emissions tests in the U...
Read More
FILE - In this Jan. 19, 2017 file photo Martin Winterkorn, former CEO of the German car manufacturer 'Volkswagen', arrives for a questioning at an investigation committee of the German federal parliament in Berlin, Germany. The Securities and Exchange Commission is charging Volkswagen and former CEO Martin Winterkorn with defrauding American investors during an emissions scandal. The SEC said that between April 2014 and May 2015 Volkswagen issued more than $13 billion in bonds and asset-backed securities in U.S. markets when senior executives knew that more than 500,000 vehicles in the country grossly exceeded legal vehicle emissions limits. (AP Photo/Michael Sohn, file)
March 15, 2019 - 7:44 am
WASHINGTON (AP) — U.S. regulators charged Volkswagen and former CEO Martin Winterkorn with defrauding investors during its massive diesel emissions scandal. The charges from the U.S. Securities and Exchange Commission come two years after the German automaker settled with the U.S. over criminal and...
Read More
December 19, 2018 - 7:02 am
BERLIN (AP) — Volkswagen says it is changing the pay system for its senior management, dropping personal performance bonuses and increasing the extent to which the company's performance is reflected in variable pay. The German automaker, still grappling with a diesel emissions scandal that erupted...
Read More
FILE - In this Nov. 30, 2018 file photo Martin Winterkorn, former CEO of the German car manufacturer 'Volkswagen', arrives for the annual general meeting of FC Bayern Munich soccer club in Munich, Germany. The club said Tuesday, Dec. 18, 2018 that Winterkorn stood down as FC Bayern Muenchen AG supervisory board member at Monday's board meeting. He had informed supervisory board chairman Uli Hoeneß of the decision earlier. (AP Photo/Matthias Schrader, file)
December 18, 2018 - 7:07 am
MUNICH (AP) — German soccer champion Bayern Munich says former Volkswagen CEO Martin Winterkorn has left its supervisory board, three years after he resigned from the automaker amid its diesel emissions scandal. The club said the 71-year-old Winterkorn stood down on Monday after nearly 16 years as...
Read More
October 24, 2018 - 2:24 pm
FRANKFURT, Germany (AP) — A court in Germany has ruled that Volkswagen's main stakeholder must pay 47 million euros ($54 million) in damages to investors for not making a timely disclosure of its scandal over cars rigged to cheat on diesel emissions tests. The dpa news agency reported that the...
Read More
FILE -- In this Wednesday, Nov. 4, 2015 photo the word 'Diesel' and the logo of the German car manufacturer Porsche is pictured in Stuttgart, Germany. Porsche's chief executive Oliver Blum says the sports car maker won't produce any new diesel models in the wake of parent company Volkswagen's diesel emissions scandal. (Christoph Schmidt/dpa via AP)
September 23, 2018 - 6:36 am
BERLIN (AP) — Porsche's chief executive says the sports car maker won't produce any new diesel models in the wake of parent company Volkswagen's diesel emissions scandal. CEO Oliver Blume told Sunday's Bild am Sonntag newspaper that, although Porsche itself never developed and produced diesel...
Read More

Pages