Volkswagen dieselgate

Volkswagen operating profit drops in Q3, Porsche helps

Oct 28, 2016

Volkswagen’s earnings have plummeted by more than half in the third quarter through September, with subsidiary Porsche adding strong revenue figures. VW released its interim report that showed operating profit had dropped to US$396 million...

Volkswagen backbuy plan settled, record US$14.7 billion

Oct 26, 2016

After a marathon five-month trial in the US District Court, Volkswagen’s $14 billion proposed buyback for half a million of its vehicles has been officially approved. The verdict was handed down by Judge Charles R....

Volkswagen Canada under investigation over dieselgate

Oct 19, 2016

Volkswagen’s legal woes continue. Its Canadian arm is being investigated by Canadian environment authorities in regards to violations of the countries’ environmental protection act. Environment and Climate Change Canada spokesperson Malanie Quesnel has confirmed that...

Volkswagen to pay $175 million in US class action

Oct 18, 2016

Volkswagen has agreed to another costly settlement in the aftermath of the dieselgate scandal, in the form of a US$175 million payout toward a class action lawsuit. According to an Automotive News report, Volkswagen’s legal...

Volkswagen agrees US$1.2b settlement for US dealers

Oct 03, 2016

Volkswagen has agreed to a US$1.2-billion settlement with US dealers in the fallout of the dieselgate scandal. A settlement agreement has been filed in San Francisco’s federal court to compensate US-based dealers who claim they...

Volkswagen sets late-2017 target to fix all Euro dieselgate cars

Sep 26, 2016

Volkswagen has committed to a late-2017 deadline for all diesel vehicles impacted by the emissions scandal in Europe, following meetings with the European Commission. As we reported last week, Volkswagen was making relatively slow progress...

VW has only fixed 10% of cars affected by dieselgate in Europe

Sep 20, 2016

Volkswagen remains faced with the challenge of fixing around 90 per cent of the impacted diesel vehicles in the aftermath of the dieselgate scandal. The German manufacturer yesterday made a statement outlining it has repaired...

Volkswagen breaching consumer laws in 20 EU countries – report

Sep 07, 2016

The European Commission has reportedly handed down a damning report of Volkswagen’s dieselgate scandal, saying the German auto giant has violated consumer laws in 20 EU countries. German publication Die Welt cited sources within the...

Volkswagen Group could face criminal charges over dieselgate

Aug 18, 2016

Volkswagen could face criminal charges in the US, according to a recent report. Prosecutors led by the Justice Department have purportedly found sufficient evidence linking Volkswagen to criminal activity in relation to the emissions scandal,...

VW 3.0 TDI could have more emissions-cheating devices – report

Aug 09, 2016

Authorities in the US have apparently discovered up to three unauthorised software programs installed on Volkswagen Group’s 3.0 TDI V6 diesel engine, a report claims. German publication Bild am Sonntag says the 3.0-litre diesel engines...

Volkswagen introducing particulate filters on petrol engines in 2017

Aug 04, 2016

Volkswagen is a company working hard to win back the hearts and minds of consumers and prove it wants to be at the forefront of emissions-reduction technology. The company has taken many initiatives to shoo...

Volkswagen allocates another US$2.4 billion to dieselgate

Jul 22, 2016

Volkswagen is having to allocate another US$2.4 billion in funds to manage rising repair costs in the aftermath of the ‘dieselgate’ scandal. In an unscheduled announcement ahead of publication of its half-yearly report on July...