Dieselgate
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, …
BMW Denies Collusion with Other Automakers on Diesel Emissions
MUNICH—BMW went on record about its diesel-powered cars Sunday after a media report stated that German automakers had illegally colluded to rig their vehicles to pass emissions tests.
“BMW Group vehicles are not manipulated and comply with respective legal requirements,” the Bavarian manufacturer said in a statement.
“This of course also applies …
Judge Approves Settlement for VW Dieselgate 3.0-Liter Vehicles
Volkswagen announced a resolution for the Dieselgate lawsuits concerning its 3.0-liter diesel-powered vehicles.
Judge Charles R. Breyer of the United States District Court for the Northern District of California granted final approval to the settlement agreement between the beleaguered automaker company and private plaintiffs on Wednesday.
The settlement will resolve outstanding civil …
VW Set to Plead Guilty in Dieselgate Case on Friday, New Case Unfolds Against Audi in Australia
Volkswagen’s day in a U.S. court has come as a new investigation into l’affaire Dieselgate is unfolding in Australia.
The beleaguered automaker is expected to be formally arraigned and plead guilty to three criminal counts in the Dieselgate case Friday morning at a hearing in Detroit federal court. Judge Sean Cox …
Dieselgate Spreads to Italy as EPA Accuses Fiat Chrysler of Violating Emissions Standards
L’affaire Dieselgate has spread from Germany to Italy as the Environmental Protection Agency accused Fiat Chrysler on Thursday of using “undisclosed” software that allowed a number of its vehicles to exceed emissions standards in the United States.
“Once again, a major automaker made the business decision to skirt the rules and …
VW to Pay $4.3 Billion in Dieselgate Criminal and Civil Settlement
DETROIT—Beleaguered German automaker Volkswagen said Wednesday it had reached a $4.3 billion settlement with the U.S. government over the Dieselgate scandal.
As part of the deal, the company will plead guilty to misconduct for deliberately selling diesel-powered cars that did not meet federal emissions regulations.
“Volkswagen deeply regrets the behavior that gave …
Senior VW Exec Arrested in Miami over Dieselgate
DETROIT—A top Volkswagen executive was arrested Saturday evening as he prepared to board a flight from Miami to Germany, accused of deceiving federal regulators about the use of special software that cheated on emissions tests.
Oliver Schmidt, who as general manager of the engineering and environmental office for VW of America …
Volkswagen to Exit Diesel Business in U.S.
Volkswagen does not plan to offer diesel-powered cars and SUVs in the United States going forward, the embattled automaker said.
“We are working under the assumption that we will no longer offer diesel vehicles in the United States,” the company’s head of brand management, Herbert Diess, told the German newspaper Handelsblatt.
The …
VW to Cut 30,000 Jobs in Restructuring
MUNICH—Embattled automaker Volkswagen said Friday it would cut 5% of its global workforce, totalling 30,000 jobs as it tries to recover from the Dieselgate scandal.
The workforce reduction, which will take place over the coming three years, will hit the company’s home market, Germany, harder than in other regions with cuts …
VW, U.S. Close to Dieselgate Deal for Audi-Developed 3.0-Liter Engines
Volkswagen has reportedly reached an agreement with federal regulators to fix Volkswagen, Audi, and Porsche diesels with 3.0-liter engines, although an official announcement may not be forthcoming until November 30. The move would bring l’affaire Dieselgate closer to conclusion.
“The Court has scheduled a status conference for November 30, 2016 to …
Volkswagen Chairman Subject of Dieselgate-Related Investigation
Embattled automaker Volkswagen said that two members of its board including its Aufsichtsratsvorsitzenden, or chairman of the supervisory board, Hans Dieter Pötsch are under investigation by the Staatsanwaltschaft, or state prosecutor, in Braunschweig for violating securities laws.
Mr. Pötsch, who previously served as the company’s chief financial officer, stands accused of …
VW Shareholders Seek €8.2 Billion for Lost Value after Dieselgate
Volkswagen’s latest Dieselgate travail comes from its shareholders, who are looking to hold the embattled German automaker accountable for deceiving vehicle buyers, dealerships, and the shareholders.
The shareholders are filing suit against the company in record numbers after their holdings lost significant value following the news of the diesel emissions scandal.
The …
