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Dieselgate News

27 Oct 2017

Dieselgate costs choke Volkswagen profits

VW reported net profit attributable to shareholders down 53.4 percent year-on-year, at 1.06 billion euros (USD 1.23 billion), but lifted its forecast for the full year despite the tumble.

23 May 2017

US sues Fiat Chrysler for diesel emissions cheating

US environmental regulators on Tuesday filed a lawsuit against automaker Fiat Chrysler, accusing the company of installing devices on its cars that hid harmful emissions during testing.

27 Jan 2017

German prosecutors say investigating former Volkswagen chief for fraud

On suspicion of fraud over the firm's "dieselgate" emissions cheating scandal, German prosecutors on Friday said that former Volkswagen CEO Martin Winterkorn is under investigation.

21 Sep 2016

Volkswagen investors seek 8.2 bn euros over 'dieselgate' scandal

Investors say the automaker failed to disclose details of the case in a timely way, leading them to lose money as the group`s share price plunged by 40 percent in two days after the crisis erupted last September.

20 Aug 2016

Volkswagen eyes transportation deals to boost self-driving car plans

Volkswagen is planning further acquisitions in the market for new transportation technologies and services, a leading manager at the German carmaker said, as it seeks to make up ground after its emissions scandal.

20 Jul 2016

Volkswagen profit tops forecast, but takes another dieselgate hit

Volkswagen said cost cutting and rising European car sales helped it to beat first-half underlying profit forecasts, though it set aside another 2.2 billion euros ($2.4 billion) to cover costs related to its "dieselgate" emissions scandal.

25 Jun 2016

Dieselgate: Volkswagen Ready to Pay $10 billion to settle US claims

A source familiar with the negotiation told AFP that Volkswagen will have to shell out a humongous $10 billion to settle US claims.

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