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20 May 2020

Volkswagen pays 9 million euros to end proceedings against chairman, CEO

The court in Braunschweig was hearing charges of stock market manipulation against CEO Herbert Diess, as well as non-executive Chairman Hans Dieter Poetsch.

14 Sep 2017

VW, China partners to recall 4.86 million vehicles over Takata air bags

The recall comes after the watchdog asked the German automaker, General Motors Co and Daimler AG`s Mercedes-Benz earlier this year to recall vehicles equipped with Takata air bags.

21 Aug 2016

Volkswagen, suppliers to hold talks on production-crippling dispute

Embattled automaker Volkswagen will hold talks Monday with two component suppliers, in a bid to end a stand-off over car parts deliveries that has severely disrupted production at the German giant.

23 Apr 2016

Ford not interested in tie-up with Fiat Chrysler: CEO Mark Fields

Ford Motor Co is not interested in a tie-up with Fiat Chrysler Automobiles NV , Chief Executive Mark Fields said on Saturday, when asked about FCA head Sergio Marchionne's remark that Ford could be a potential merger candidate.

21 Apr 2016

Volkswagen to offer to buy back nearly 500,000 US diesel cars

Volkswagen AG and U.S. officials have reached a framework deal under which the automaker would offer to buy back almost 500,000 diesel cars that used sophisticated software to evade U.S. emission rules, two people briefed on the matter said on Wednesday.

10 Dec 2015

Pollution cheating dates back to 2005: Volkswagen

Volkswagen said Thursday the roots of the global pollution-cheating scandal it is currently engulfed in date back to 2005, and while the current situation was difficult, it would not break the company.

09 Dec 2015

Volkswagen diesel civil suits to be heard in California

A U.S. judicial panel said Tuesday that up to 451 civil lawsuits filed against Volkswagen AG over use of software to evade emissions limits will be heard by a federal judge in California.

Volkswagen Passenger Car

02 Dec 2015

Volkswagen agrees terms of 20 billion euro bridge loan: Sources

Volkswagen has agreed the terms of a 20 billion euro ($21 billion) bridging loan with banks to help shoulder the costs of its emissions scandal, three people familiar with the matter told Reuters on Wednesday.

Volkswagen Passenger Car

01 Dec 2015

Volkswagen`s US sales plunge 25% in November

Volkswagen`s US sales plunged 25 percent in November after it suspended sales of diesel vehicles in the wake of an emissions cheating scandal, the embattled German automaker said Tuesday.

30 Nov 2015

NGT seeks response from Centre on plea for ban of Volkswagen vehicles

Volkswagen has admitted that 11 million diesel engine cars worldwide were fitted with the software that helped in manipulating emission tests.

25 Nov 2015

Volkswagen to roll out India-specific compact sedan next year

German car major Volkswagen AG Wednesday said it will roll out an India-specific compact sedan next year from its Pune plant and has invested Rs 720 crore in the development of the new model.

24 Nov 2015

Audi to spend 50 mn euros to repair diesel cars in US

Audi said Monday it will spend about 50 million euros upgrading software that regulators believe flouts US pollution limits in larger diesel cars in the US.

Volkswagen passenger cars

09 Nov 2015

Volkswagen diesel owners to get $1,000 in gift cards and vouchers

Owners of 482,000 diesel Volkswagens and Audis in the US are eligible for USD 1,000 in gift cards and vouchers as the automaker strives to placate customers dismayed by an emissions-rigging scandal.

Volkswagen Passenger Car

04 Nov 2015

EU urges Volkswagen to speed up emissions-cheating probe

The EU urged Volkswagen today to hurry up its investigation into the pollution-cheating scandal after revelations that the row may also involve petrol engines and not just diesel.

Volkswagen passenger cars

04 Nov 2015

Volkswagen emissions-cheating scandal widens with new CO2 revelations

Germany's Volkswagen said Wednesday an internal probe had found that 800,000 more vehicles showed "inconsistencies" on carbon emissions, including the first petrol engines, as the auto giant sank deeper into a massive pollution cheating scandal.

30 Oct 2015

Volkswagen likely to recall 1,00,000 cars in India before November 8

Volkswagen India may have to recall around 1,00,000 cars in India on non-compliance of Indian diesel emission norms.

Volkswagen passenger cars

25 Oct 2015

Volkswagen may offer discounts to car owners with illicit software: Report

Volkswagen may offer VW owners in Germany discounts on new cars if they turn in certain old models affected by the emissions scandal that has rocked Europe's biggest carmaker, German news agency DPA reported on Sunday.

Volkswagen passenger cars

29 Sep 2015

Volkswagen draws up refit plan for cars in pollution scam

The German government has given VW until October 7 to explain how it will resolve the scandal, which has rocked the industry and wiped USD 33 billion, or 38 per cent, off VW's market value in 10 days.

Volkswagen Passenger Car

24 Sep 2015

Volkwagen`s new CEO: List of possible candidates

German auto giant Volkswagen hopes to find a new chief executive later this week after Martin Winterkorn resigned in the wake of the massive pollution cheating scandal.

Volkswagen Passenger Car

24 Sep 2015

Govt to plug regulatory gaps to avert Volkswagen-like mess

The government Thursday said it will plug regulatory loopholes, if any, in order to prevent manipulation of data on pollution control by automobile manufacturers in India in the wake of the Volkswagen scandal in the US.

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