Dieselgate

VW CEO, Chairman Charged with Misleading Shareholders over Dieselgate Scandal

VW CEO, Chairman Charged with Misleading Shareholders over Dieselgate Scandal

Volkswagen AG Chairman Hans Dieter Pötsch, VW CEO Herbert Diess, and former VW CEO Martin Winterkornwere charged with misleading shareholders in the months that preceded the 2015 Dieselgate emissions-cheating scandal.
The Staatsanwaltschaft, or state prosecutor, in Braunschweig is said the executives withheld information about the scandal from shareholders in an effort …

Volkswagen to Restate Fuel Economy Rating on Gasoline-Powered Vehicles, Pay Owners $97 Million

Volkswagen to Restate Fuel Economy Rating on Gasoline-Powered Vehicles, Pay Owners $97 Million

Volkswagen of America said late Friday it had settled a lawsuit with vehicle owners over incorrect fuel economy ratings of certain gasoline-powered 2013 through 2017 models.
The automaker’s U.S. subsidiary said that the agreement covers approximately 98,000 vehicles or 3.5% of its sales over the four-year span and that it will …

Former VW CEO Indicted in Germany Over L’Affaire Dieselgate

Former VW CEO Indicted in Germany Over L’Affaire Dieselgate

Former Volkswagen CEO Martin Winterkorn along with four other VW executives was charged with fraud in the ongoing Dieselgate case.
The Staatsanwaltschaft, or state prosecutor, in Braunschweig is charging Winterkorn with fraud, embezzlement, and violating anti-trust laws.
Prosecutors there allege that Winterkorn was aware that VW was manipulating diesel emissions as early …

SEC Accuses Volkswagen and Former CEO Winterkorn of Fraud

SEC Accuses Volkswagen and Former CEO Winterkorn of Fraud

The U.S. Securities and Exchange Commission said late Thursday it was suing Volkswagen and its former CEO relating to the Dieselgate affair.
The SEC is accusing the German automaker of undertaking a “massive fraud” as it raised money from American investors.
Volkswagen used software to manipulate its diesel-powered vehicles’ emissions tests in …

Porsche Says ‘Auf Wiedersehen’ to Diesels in Wake of Dieselgate Scandal

Porsche Says ‘Auf Wiedersehen’ to Diesels in Wake of Dieselgate Scandal

Porsche, a unit of Volkswagen AG, announced on Sunday it would no longer offer diesel versions of its cars.
The move makes Porsche the first German automaker to drop the diesel engine following the 2015 Dieselgate emissions-cheating scandal.
“As a sports-car maker where diesel has traditionally played an inferior role, we have …

Audi CEO Arrested in Dieselgate Case

Audi CEO Arrested in Dieselgate Case

MUNICH—Rupert Stadler, the Vorstandsvorsitzender or CEO of Audi, the German automaker, was arrested Monday morning relating to the automaker’s diesel emissions compliance scandal, known as Dieselgate., according to a statement by the Staatsanwaltschaft or district attorney’s office in Munich.
Stadler’s apartment in Ingolstadt was also searched.
“We confirm that Herr Stadler was …

Former VW CEO Winterkorn Indicted in Dieselgate Case

Former VW CEO Winterkorn Indicted in Dieselgate Case

Former Volkswagen CEO Martin Winterkorn has been indicted for his alleged role in the Dieselgate emissions-cheating scandal that cost the automaker its reputation and billions of dollars in fines and penalties.
The indictment, which was filed in secret in U.S. District Court in Detroit on March 14, was unsealed Thursday as …

Bosch Announces A ‘Breakthrough’ That Could Save Diesel

Bosch Announces A ‘Breakthrough’ That Could Save Diesel

MUNICH—Robert Bosch said Wednesday that it has developed a new diesel-exhaust system that would allow automakers to continue to offer diesel powerplants in the future.
The new technology would cut emissions to below the 2020 EU emissions regulations by bringing nitrogen oxides or NOx to 13 milligrams per kilometer, well below …

BMW, Daimler, Volkswagen Denounce Diesel Fumes Tests on Monkeys

BMW, Daimler, Volkswagen Denounce Diesel Fumes Tests on Monkeys

Three German automakers, BMW, Daimler, and Volkswagen, apologized on Saturday for their support of research conducted in 2014 in a U.S.-based lab in which ten monkeys inhaled diesel emissions from a VW Beetle while watching cartoons on television.
The New York Times reported on Friday that the three German car companies …

U.S. Gives Green Light to VW 3.0-Liter Diesel Engine Dieselgate Fix

U.S. Gives Green Light to VW 3.0-Liter Diesel Engine Dieselgate Fix

U.S. and California regulators approved Volkswagen AG’s recommended course of action for 38,000 diesel-powered vehicles from the company’s Volkswagen, Audi, and Porsche brands, according to a letter released publicly on Monday.
The approval addresses the automaker’s SUVs with 3.0-liter diesel engines believed to emit excess emissions and means that the German …

‘Challenge Tesla,’ Says Chancellor’s Office to German Auto Industry

‘Challenge Tesla,’ Says Chancellor’s Office to German Auto Industry

MUNICH—The German auto industry should invest more in electric vehicles and not rest on its laurels, said Kanzleramtschef, or Chancellor’s Chief of Staff, Peter Altmaier over the weekend in Berlin.
Mr. Altmaier said he was disappointed by the response of managers at German automakers following the Dieselgate scandal while speaking at …

Volkswagen Executive Pleads Guilty in Dieselgate Case

Volkswagen Executive Pleads Guilty in Dieselgate Case

A senior Volkswagen executive pleaded guilty on Friday to charges relating to the automaker’s diesel emissions compliance scandal, known as Dieselgate.
Oliver Schmidt, who as general manager of the engineering and environmental office for VW of America, had served as the beleaguered automaker’s top emissions compliance executive in the United States, …