The diesel emission cheating scandal has so far cost Volkswagen 30 billion euros. Volkswagen’s Chief Financial Officer (CFO) disclosed, the carmaker has provisioned $6.16 billion (5.5 billion euros) in contingent liabilities in order to cover the cost of potential liabilities… Read More ›
PG&E is of the opinion that regulators are likely to conclude that its equipment started the wildfires, the deadliest in California’s history, which resulted in the death of 86 people and caused billions of dollars in liabilities. In a significant… Read More ›
The incentive package sought by GM will require clearance from the state’s legislature. According to state officials from Missouri, General Motors Co is weighing its options of investing $1 billion in its assembly plant in the state, where it currently… Read More ›
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