Volkswagen
VW Settlement
U.S. District Judge Charles Breyer approved a $48 million settlement Wednesday for investors in American Depository Receipts, who claim that Volkswagen made false and misleading statements about its financial condition and regulatory compliance in the emissions cheating scandal.
Read moreVW Wants to Storm Car Market With Mass-Market Electric Model
German automaker Volkswagen says it will invest $50 billion to develop autonomous and electric cars and expand the appeal of battery-powered vehicles by selling its upcoming I.D. compact for about what a diesel-powered Golf costs.
Read moreTrial Opens in Investor Lawsuits Against VW Over Scandal
Trial proceedings have begun against Volkswagen on behalf of investors alleging the company did not give them timely notice of its scandal over cars rigged to cheat on diesel emissions tests.
Read moreVolkswagen Can’t Dodge Securities Class Action
In the latest chapter of ongoing fallout over Volkswagen’s emissions cheating scandal, a federal judge on Friday refused to dismiss a class action accusing the German automaker of deceiving institutional investors.
Read moreVolkswagen Settles US Investor Suit for $48 Million
Volkswagen will pay $48 million to settle one of two lawsuits claiming it misled American investors about its emissions cheating scandal and compliance with U.S. environmental laws.
Read moreVolkswagen on the Hook Again for Emissions Cheating Scandal
Volkswagen must face yet another class action over equipping VW and Audi clean-diesel vehicles with software designed to disguise their high emissions, this time brought by people who owned or leased the vehicles but sold them before the scheme became public.
Read moreVW Cheating
A Ninth Circuit panel ruled Monday that U.S. District Judge Charles Breyer did not abuse his discretion in approving a $327.5 million settlement between auto parts maker Robert Bosch GmbH and consumers who bought Volkswagen diesel vehicles tainted by emissions cheating software.
Read more$10 Billion VW Settlement Approved
The Ninth Circuit on Monday approved a $10 billion settlement of Volkswagen’s “dieselgate” emissions-cheating scandal.
Read moreVW Class Action
A federal judge refused Thursday to dismiss a warranty claim concerning Volkswagen sunroofs that “spontaneously explode.” The class must amend fraud, unfair-competition and consumer- protection claims, but the judge dismissed an unjust-enrichment claim with prejudice.
Read moreMaryland Claws $33.5M More From Volkswagen
To settle claims that its defeat-device scheme polluted Maryland, Volkswagen and its luxury affiliates Porsche and Audi reached a $33.5 million deal with the state Wednesday.
Read moreVW Cheating Scandal
Two U.S. counties cannot sue Volkswagen for its emissions cheating scandal because only the Environmental Protection Agency can regulate that conduct, a federal judge ruled Monday, dismissing the their claims with prejudice.
Read moreGerman Automakers Face Heat Over Tests on Monkeys, Humans
Public criticism of the German auto industry has escalated on reports that diesel exhaust tests were carried out on both monkeys and humans.
Read moreVW, Hyundai Team Up on Self-Driving Cars
Fueled by a brain trust of former Google, Tesla and Uber executives, Volkswagen and Hyundai announced Thursday that they are joining forces to tackle the emerging market of self-driving cars.
Read moreVW Exec Gets 7 Years for Role in Emissions Scandal
Oliver Schmidt, a former executive and key conspirator in the Volkswagen diesel emissions scandal, was sentenced Wednesday in Michigan federal court to seven years in prison and fined $400,000.
Read moreVolkswagen Commits $40B to Going Electric
Auto giant Volkswagen said Friday it will spend more than 34 billion euros, or $40 billion, on electric cars and self-driving technology over the next five years.
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