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Articles by Jesse Sokolow

EPA Says Volkswagen’s Larger Diesel Engines including Porsche’s Had Defeat Device As Well

EPA Says Volkswagen’s Larger Diesel Engines including Porsche’s Had Defeat Device As Well

The U.S. Environmental Protection Agency said on Monday that it appears to have discovered software that cheats during emissions tests in additional Volkswagen and Audi cars as well as in one of the automaker’s Porsche models, but the embattled automaker fired back disputing the new claims.
The latest notice of violation …

Volkswagen Posts $1.83 Billion Q3 Loss in Wake of Dieselgate Scandal

Volkswagen Posts $1.83 Billion Q3 Loss in Wake of Dieselgate Scandal

Embattled automaker Volkswagen, which days ago lost the title of world’s largest automaker to Toyota after holding onto it for six months, said it had a net loss of €1.67 billion or $1.84 billion in the third quarter of 2015, compared with a profit of €2.97 billion in Q3 2014. …

Toyota Retakes No. 1 Spot in Auto Sales as VW Faces Emissions Crisis

Toyota Retakes No. 1 Spot in Auto Sales as VW Faces Emissions Crisis

Embattled automaker Volkswagen, which achieved its long-time goal of becoming the world’s biggest car manufacturer a mere three months ago, saw its brief reign come to an end Monday.
Toyota, which held the number one position for years before being overtaken by VW, published figures that showed it had sold more …

Volkswagen: Newer Diesel Engines ‘Comply with Legal Requirements and Environmental Standards’

Volkswagen: Newer Diesel Engines ‘Comply with Legal Requirements and Environmental Standards’

Volkswagen said on Thursday that its newest diesel engines did not have any kind of defeat device installed on them. The German automaker previously admitted to installing a so-called defeat device on older engines that effectively lowered emissions when tests were conducted on over 11 million diesel-powered vehicles worldwide. The …

Volkswagen Dieselgate Not First Emissions Cheating Scandal in U.S.

Volkswagen Dieselgate Not First Emissions Cheating Scandal in U.S.

While the Volkswagen emissions scandal has been in automotive and business headlines for over a month, it isn’t the first.
In October 1998, the Department of Justice and Environmental Protection Agency announced a record $83.4 million fine against makers of diesel engines. Seven makers of diesel engines for trucks – among …

Volkswagen: ‘Our Plan is to Fix the Cars’

Volkswagen: ‘Our Plan is to Fix the Cars’

In the course of testifying before a congressional committee on Thursday, the head of Volkswagen in the United States came under fire and apologized repeatedly for having deceived U.S. regulators and customers about the level of emissions from its diesel-powered automobiles, but he added little in terms of explaining what …

Hilton to Expand Electric Vehicle Charging Station Program to Over 100 Properties

Hilton to Expand Electric Vehicle Charging Station Program to Over 100 Properties

Hilton Worldwide announced plans to expand the number of hotels offering charging stations for electric vehicles to 50 by the end of 2015 and to 100 by the end of 2016. The charging stations support all EVs.
One of the first hotels in the program was the Hilton McLean, in Virginia. …

VW Returns Diesel Car and Diesel Car Manufacturer of the Year Awards

VW Returns Diesel Car and Diesel Car Manufacturer of the Year Awards

Volkswagen of America said Tuesday it was returning Diesel Car Manufacturer of the Year Awards for 2012 and 2013 as well as the Diesel Car of the Year Award for 2013, which was given to the VW Passat.
The move, announced in a letter signed by Michael Horn, the company’s CEO, …

German Prosecutors Announce Investigation of Former VW CEO in Diesel Emissions Scandal

German Prosecutors Announce Investigation of Former VW CEO in Diesel Emissions Scandal

What Did Winterkorn Know, and When Did He Know It?
Prosecutors in Germany said on Monday that they had started a criminal investigation of Volkswagen’s former CEO, Martin Winterkorn as well as other company executives on suspicion of fraud.
The move follows complaints from unidentified individuals in Germany stating that he should …

New 2016 Volkswagen Passat Makes Debut in New York City

New 2016 Volkswagen Passat Makes Debut in New York City

New York, N.Y. – Volkswagen unveiled the new 2016 Passat at an event at the Brooklyn Navy Yard featuring featuring singer Lenny Kravitz on Monday
Up front, the American Passat features an updated design that includes slimmer headlights than its predecessor.. The only body panels that remain unchanged are the roof, …

Diesel Prices Down Around the Country As Holiday Weekend Approaches

Diesel Prices Down Around the Country As Holiday Weekend Approaches

Fuel prices in the United States continue to fall and the end is not in sight after the price of a barrel of oil briefly dipped below $40 last Friday, a six-year low. On average, drivers are spending 25% less at the pump this year versus last.
The lower prices have …

Audi, BMW, Daimler to Buy Nokia’s Digital Mapping Service

Audi, BMW, Daimler to Buy Nokia’s Digital Mapping Service

Audi, BMW, and Daimler, three of Germany’s largest luxury automakers, will purchase Finnish communications company Nokia’s digital mapping service, Nokia Here, for approximately €2.5 billion ($2.71 billion).
The news was first reported in Manager Magazin, which said that the deal is likely to close by the end of the month.
Nokia’s high-definition …