Dieselgate

VW to Pay U.S. Dealers $1.2 Billion as Dieselgate Compensation

VW to Pay U.S. Dealers $1.2 Billion as Dieselgate Compensation

In the wake of the Dieselgate scandal, many Volkswagen dealerships found that their franchises had little value beyond that of their real estate and their parts and new car inventory. Fahrvergnügen, it turned out, had little residual value.
On Thursday, Volkswagen Group of America agreed to compensate its 650 dealers for …

Volkswagen Dieselgate Settlement Gets Green Light from Judge

Volkswagen Dieselgate Settlement Gets Green Light from Judge

Volkswagen’s proposed settlement to get some 480,000 vehicles with 2.0-liter diesel engines off the road in the United States received preliminary approval from the judge handling the case.
The move by U.S. District Court Judge Charles Breyer opens the door for final approval later this year after giving the opportunity to …

Volkswagen to Settle Diesel Claims in U.S. for $14.7 Billion

Volkswagen to Settle Diesel Claims in U.S. for $14.7 Billion

Volkswagen announced Tuesday it plans to pay up to $14.7 billion to settle Dieselgate-related claims.   The proposed settlement, one of the largest ever for a consumer class-action settlement, covers approximately 475,000 Volkswagen vehicles including 460,000 Volkswagens and 15,000 Audis with 2.0-liter diesel engines.
The settlement, which is subject to the approval …

German Prosecutors Announce Investigation of Former VW CEO Winterkorn in Dieselgate Scandal

German Prosecutors Announce Investigation of Former VW CEO Winterkorn in Dieselgate Scandal

L’affaire Dieselgate may have involved Volkswagen’s former CEO as well as a member of the automaker’s management board, German prosecutors said Monday.
The Staatsanwaltschaft, or state prosecutor in Braunschweig, a neighboring city to Wolfsburg in Lower Saxony, Germany, said that the former executive, Martin Winterkorn, is suspected of having waited too …

Number of Diesels in U.S. Up for 2015 Despite Dieselgate

Number of Diesels in U.S. Up for 2015 Despite Dieselgate

The number of diesel passenger cars, SUVs, vans, and pick-up trucks on the road in the United States increased slightly in 2015, although a combination of lower fuel prices and an emissions scandal caused many buyers to purchase petrol-powered cars.
Dieselgate brought the diesel market in the United States to a …

Volkswagen Dieselgate Fix for 2.0-Liter Engines Gets Green Light from German Regulators

Volkswagen Dieselgate Fix for 2.0-Liter Engines Gets Green Light from German Regulators

The Kraftfahrt-Bundesamt, Germany’s Federal Motor Transport Authority, approved Volkswagen’s technical solution to put its 2.0-liter TDI engines into compliance with current emissions standards. The engines were originally equipped with software that allowed them to pass emissions tests but pollute more when in use on the road.
The fix includes a software …

Former Engine Chief at VW Wolfgang Hatz Resigns

Former Engine Chief at VW Wolfgang Hatz Resigns

The former head of engine and transmission development at Volkswagen, Wolfgang Hatz, has left the embattled automaker.
Most recently head of development at Porsche, Hatz had been suspended seven months ago due to his possible participation in the Dieselgate scandal. The move was made at his own request.
Volkswagen admitted installing software …

VW CEO Apologizes to Obama: ‘We Have Disappointed Many People’

VW CEO Apologizes to Obama: ‘We Have Disappointed Many People’

The CEO of embattled automaker Volkswagen made a personal apology to President Obama last Sunday for the Dieselgate scandal.
Martin Müller, who was appointed to the position of chief executive last fall, following the departure of long-time CEO Martin Winterkorn, said he had a short two-minute exchange with the president during …

Volkswagen Starts Dieselgate Recall for Golf in Germany

Volkswagen Starts Dieselgate Recall for Golf in Germany

Volkswagen said Thursday it had begun to recall certain diesel-powered Golf models in the latest chapter of the Dieselgate scandal with the approval of the Kraftfahrt-Bundesamt or Federal Motor Authority.
The Wolfsburg-based automaker is asking owners of 15,000 Golf TDI Blue Motion Technology with an EA 189 2.0-liter engine and standard …

Germany Recalls 630,000 Diesels from Audi, Mercedes, Opel, Porsche, and VW

Germany Recalls 630,000 Diesels from Audi, Mercedes, Opel, Porsche, and VW

German authorities called on Friday for the recall of approximately 630,000 diesel-powered vehicles in order to update their emissions control systems.
The recall, which affects Audi, Mercedes-Benz, Opel, Porsche, and Volkswagen, calls for the engine control software to be updated because the affected vehicles’ systems would suppress emissions controls at low …

Volkswagen Reaches Accord with Justice Department

Volkswagen Reaches Accord with Justice Department

Volkswagen announced it had reached an agreement in principle with the U.S. Department of Justice, the Environmental Protection Agency, and the California Air Resources Board, to settle the emissions scandal that has come to be known as Dieselgate.
U.S. District Court Judge Charles Breyer said Thursday that the settlement would include buyback …

Dieselgate Causes Reduction in Volkswagen Executive Bonuses

Dieselgate Causes Reduction in Volkswagen Executive Bonuses

While the company’s pollution control systems did not reduce the amount of harmful emissions from its diesel models, the resultant scandal is reducing bonuses for top managers at Volkswagen.
Following a rather public discussion of the automaker’s planned executive bonuses online and in the media, VW said on Wednesday that it …