Dieselgate costs choke Volkswagen profits
VW reported net profit attributable to shareholders down 53.4 percent year-on-year, at 1.06 billion euros (USD 1.23 billion), but lifted its forecast for the full year despite the tumble.
Oct 27, 2017, 15:40 PM IST
US sues Fiat Chrysler for diesel emissions cheating
US environmental regulators on Tuesday filed a lawsuit against automaker Fiat Chrysler, accusing the company of installing devices on its cars that hid harmful emissions during testing.
May 23, 2017, 23:45 PM IST
German prosecutors say investigating former Volkswagen chief for fraud
On suspicion of fraud over the firm's "dieselgate" emissions cheating scandal, German prosecutors on Friday said that former Volkswagen CEO Martin Winterkorn is under investigation.
Jan 27, 2017, 19:09 PM IST
Volkswagen investors seek 8.2 bn euros over 'dieselgate' scandal
Investors say the automaker failed to disclose details of the case in a timely way, leading them to lose money as the group`s share price plunged by 40 percent in two days after the crisis erupted last September.
Sep 21, 2016, 17:52 PM IST
Volkswagen eyes transportation deals to boost self-driving car plans
Volkswagen is planning further acquisitions in the market for new transportation technologies and services, a leading manager at the German carmaker said, as it seeks to make up ground after its emissions scandal.
Aug 20, 2016, 16:57 PM IST
Volkswagen profit tops forecast, but takes another dieselgate hit
Volkswagen said cost cutting and rising European car sales helped it to beat first-half underlying profit forecasts, though it set aside another 2.2 billion euros ($2.4 billion) to cover costs related to its "dieselgate" emissions scandal.
Jul 20, 2016, 18:15 PM IST
Dieselgate: Volkswagen Ready to Pay $10 billion to settle US claims
A source familiar with the negotiation told AFP that Volkswagen will have to shell out a humongous $10 billion to settle US claims.
Jun 25, 2016, 18:10 PM IST
