The company has accepted increased scrutiny in the forms of various audits by external independent monitors. In a major development for Volkswagen AG, as part of a $4.3 billion deal with U.S. regulators, Europe’s biggest car manufacturer has agreed to… Read More ›
Volkswagen
VW’s executive arrested in Florida on charges of fraud
The timing of the arrest is unusual given the extensive negotiations VW has had with U.S officials on ways to surmount and move past the diesel emission. The New York Times has reported that the Federal Bureau of Investigation has… Read More ›
South Korea bans models of Volkswagen, BMW, Porsche, Nissan
The ban comes in the wake of an investigation by South Korea whose findings indicate that these companies had falsified documents related to pollution norms and noise levels. BMW and Nissan have acknowledged the findings of the investigation. In the… Read More ›
Volkswagen recalls 4481 Golf & Jetta cars in Russia
The move has been initiated by Volkswagen voluntarily. Volkswagen has decided to recall 4,481 Jetta and Golf cars in Russia to mitigate a possible fault in them. Rosstandart, Russia’s standards agency has stated that Volkswagen has voluntarily recalled the affected… Read More ›
VW agrees to spend additional $1 billion to fix more of its 3.0 engine cars in the U.S
Volkswagen will buyback or fix another 80,000 3.0 litre diesel vehicles in the U.S for which it will spend 1, and up to 105,000 2.0 litre vehicles in Canada. In strategic efforts aimed at putting the emission cheating scandal behind… Read More ›
VW dismisses EU Lab test results
Although lab tests by the European Commission’s Joint Research Center show that Audi models have spewed out toxic gasses almost double than the permissible limit, VW has trashed the report saying, the tests did not factor in key parameters, including… Read More ›
VW inches to a final agreement with U.S. regulators and lawyers representing car owners
U.S. District Judge Charles Breyer has scheduled the next hearing for Dec 16. The current hearing has been postponed since “may produce a resolution of the outstanding issues.” In a development that could add additional pressure to embattled auto maker… Read More ›