Volkswagen pays 9 million euros to end proceedings against chairman, CEO
The court in Braunschweig was hearing charges of stock market manipulation against CEO Herbert Diess, as well as non-executive Chairman Hans Dieter Poetsch.
May 20, 2020, 13:59 PM IST
VW, China partners to recall 4.86 million vehicles over Takata air bags
The recall comes after the watchdog asked the German automaker, General Motors Co and Daimler AG`s Mercedes-Benz earlier this year to recall vehicles equipped with Takata air bags.
Sep 14, 2017, 11:29 AM IST
Volkswagen, suppliers to hold talks on production-crippling dispute
Embattled automaker Volkswagen will hold talks Monday with two component suppliers, in a bid to end a stand-off over car parts deliveries that has severely disrupted production at the German giant.
Aug 21, 2016, 16:24 PM IST
Ford not interested in tie-up with Fiat Chrysler: CEO Mark Fields
Ford Motor Co is not interested in a tie-up with Fiat Chrysler Automobiles NV , Chief Executive Mark Fields said on Saturday, when asked about FCA head Sergio Marchionne's remark that Ford could be a potential merger candidate.
Apr 23, 2016, 21:07 PM IST
Volkswagen to offer to buy back nearly 500,000 US diesel cars
Volkswagen AG and U.S. officials have reached a framework deal under which the automaker would offer to buy back almost 500,000 diesel cars that used sophisticated software to evade U.S. emission rules, two people briefed on the matter said on Wednesday.
Apr 21, 2016, 08:52 AM IST
Pollution cheating dates back to 2005: Volkswagen
Volkswagen said Thursday the roots of the global pollution-cheating scandal it is currently engulfed in date back to 2005, and while the current situation was difficult, it would not break the company.
Dec 10, 2015, 21:53 PM IST
Volkswagen diesel civil suits to be heard in California
A U.S. judicial panel said Tuesday that up to 451 civil lawsuits filed against Volkswagen AG over use of software to evade emissions limits will be heard by a federal judge in California.
Dec 09, 2015, 16:41 PM IST
Volkswagen agrees terms of 20 billion euro bridge loan: Sources
Volkswagen has agreed the terms of a 20 billion euro ($21 billion) bridging loan with banks to help shoulder the costs of its emissions scandal, three people familiar with the matter told Reuters on Wednesday.
Volkswagen`s US sales plunge 25% in November
Volkswagen`s US sales plunged 25 percent in November after it suspended sales of diesel vehicles in the wake of an emissions cheating scandal, the embattled German automaker said Tuesday.
NGT seeks response from Centre on plea for ban of Volkswagen vehicles
Volkswagen has admitted that 11 million diesel engine cars worldwide were fitted with the software that helped in manipulating emission tests.
Nov 30, 2015, 13:49 PM IST
Volkswagen to roll out India-specific compact sedan next year
German car major Volkswagen AG Wednesday said it will roll out an India-specific compact sedan next year from its Pune plant and has invested Rs 720 crore in the development of the new model.
Nov 25, 2015, 23:18 PM IST
Audi to spend 50 mn euros to repair diesel cars in US
Audi said Monday it will spend about 50 million euros upgrading software that regulators believe flouts US pollution limits in larger diesel cars in the US.
Nov 24, 2015, 17:39 PM IST
Volkswagen diesel owners to get $1,000 in gift cards and vouchers
Owners of 482,000 diesel Volkswagens and Audis in the US are eligible for USD 1,000 in gift cards and vouchers as the automaker strives to placate customers dismayed by an emissions-rigging scandal.
Nov 10, 2015, 05:25 AM IST
EU urges Volkswagen to speed up emissions-cheating probe
The EU urged Volkswagen today to hurry up its investigation into the pollution-cheating scandal after revelations that the row may also involve petrol engines and not just diesel.
Nov 04, 2015, 22:30 PM IST
Volkswagen emissions-cheating scandal widens with new CO2 revelations
Germany's Volkswagen said Wednesday an internal probe had found that 800,000 more vehicles showed "inconsistencies" on carbon emissions, including the first petrol engines, as the auto giant sank deeper into a massive pollution cheating scandal.
Nov 04, 2015, 21:59 PM IST
Volkswagen likely to recall 1,00,000 cars in India before November 8
Volkswagen India may have to recall around 1,00,000 cars in India on non-compliance of Indian diesel emission norms.
Oct 30, 2015, 09:06 AM IST
Volkswagen may offer discounts to car owners with illicit software: Report
Volkswagen may offer VW owners in Germany discounts on new cars if they turn in certain old models affected by the emissions scandal that has rocked Europe's biggest carmaker, German news agency DPA reported on Sunday.
Volkswagen draws up refit plan for cars in pollution scam
The German government has given VW until October 7 to explain how it will resolve the scandal, which has rocked the industry and wiped USD 33 billion, or 38 per cent, off VW's market value in 10 days.
Sep 29, 2015, 22:49 PM IST
Volkwagen`s new CEO: List of possible candidates
German auto giant Volkswagen hopes to find a new chief executive later this week after Martin Winterkorn resigned in the wake of the massive pollution cheating scandal.
Sep 24, 2015, 20:42 PM IST
Govt to plug regulatory gaps to avert Volkswagen-like mess
The government Thursday said it will plug regulatory loopholes, if any, in order to prevent manipulation of data on pollution control by automobile manufacturers in India in the wake of the Volkswagen scandal in the US.
Sep 24, 2015, 19:17 PM IST
