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Volkswagen emission scam News

25 Oct 2016

Volkswagen diesel scandal: US judge approves $14.7 billion deal

A U.S. federal judge on Tuesday approved Volkswagen AG`s record $14.7 billion settlement with regulators and owners of 475,000 polluting diesel vehicles, and the German automaker said it would begin buying back the cars in mid-November.

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.

07 Apr 2016

Volkswagen managers refuse to forego bonuses: Report

VW`s former chief executive Martin Winterkorn received a bonus of more than three million euros ($3.4 million) a year ago.

Volkswagen passenger cars

03 Mar 2016

Volkswagen says CEO Martin Winterkorn got diesel snag warning as early as May 2014

Volkswagen`s former chief executive may have been warned as early as May 2014 of possible anomalies dogging its diesel engines, months before the scandal erupted worldwide, the company admitted.

Volkswagen Passenger Car

29 Sep 2015

Volkswagen admits 1.8 mn commercial vehicles involved in pollution scam

Volkswagen said Tuesday that 1.8 million of its commercial vehicles worldwide are fitted with the sophisticated software enabling them to cheat emission tests, as the auto giant`s new chief warned the group was facing the "severest test in its history."

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