THE VW DIESEL CRISIS

German prosecutors investigate ex-VW CEO's financial transfers

July 30, 2018 17:19 CET
Prosecutors are investigating whether former VW CEO Martin Winterkorn moved some of his assets out of Germany following an inquiry into his role in the manipulation of anti-pollution tests.

Audi's detained CEO, Stadler, questioned by prosecutors, report says

June 20, 2018 17:18 CET
Munich prosecutors questioned Audi's arrested CEO, Rupert Stadler, about the automaker's diesel-cheating scandal on Wednesday, Reuters reported.

CHRISTIAAN HETZNER

VW board was weak and indecisive over Audi CEO crisis

5:30 am U.S. ET | June 20, 2018
When a crisis strikes, a company's board must spring into action and take charge to quickly restore confidence. After Audi CEO Rupert Stadler was arrested over VW Group's diesel scandal, old loyalties took precedence over damage control.

Audi said to resume crisis talks after CEO Stadler's arrest

June 19, 2018 08:04 CET
Audi's board of directors will resume talks to address a leadership crisis, sources said, following CEO Rupert Stadler's arrest.

THE VW EMISSIONS SCANDAL

VW executive tally in diesel scandal grows with Stadler arrest

June 18, 2018 18:09 CET
Rupert Stadler's arrest adds to the list of German and American executives at Volkswagen Group that have been held, charged, or both over their alleged involvement in the emissions-testing scandal.

VW fined $1.2B by German prosecutors over diesel cheating

June 13, 2018 18:03 CET
Volkswagen has been fined 1 billion euros ($1.18 billion) by public prosecutors in Germany over diesel-emissions cheating.

Former VW chief Winterkorn summoned to testify in emissions lawsuit, paper says

June 8, 2018 08:39 CET
Former VW Group chief Martin Winterkorn and the CEOs of Audi and Bosch have been asked to testify before a German court in connection with a lawsuit seeking damages from the automaker over its emissions-cheating scandal, a report said.

VW rapped in U.S. for slow pace of culture change

May 24, 2018 18:50 CET
A top U.S. official says he is not satisfied with Volkswagen's efforts to improve accountability after the company's diesel-emissions fraud and violations, a German newspaper reported.

VW could face class action from 2 million German owners after law change

May 9, 2018 17:05 CET
About 2 million diesel car owners in Germany could join class action lawsuits to seek compensation from VW after the German cabinet approved a draft law that aims to make it easier for people to join a legal test case.

VW's new CEO testified in U.S. on emissions scandal, report says

May 8, 2018 11:24 CET
VW Group CEO Herbert Diess travelled to the U.S. this month to testify to authorities about the automaker's emissions scandal, German newspaper Bild reported.

THE VW EMISSIONS SCANDAL

Winterkorn faces growing backlash in Germany after U.S. charges

May 6, 2018 15:39 CET
Once revered in Germany, former VW CEO Martin Winterkorn is now facing a growing backlash in his home country, with calls for him to be held accountable for the diesel cheating scandal.

German prosecutors will continue Winterkorn probe after U.S. criminal charges

May 4, 2018 12:25 CET
German investigators said they will continue their probe into former VW CEO Martin Winterkorn's role in the automaker's diesel scandal even after the U.S. Justice Department filed criminal charges.

Congress to seek VW CEO's testimony in new cheating probe

April 25, 2018 13:49 CET
A U.S. House committee has begun a new investigation into allegations of overseas emissions cheating by Volkswagen and is seeking testimony from VW CEO Herbert Diess.

VW's internal handling of emissions scandal 'unsatisfactory,' U.S. monitor finds

April 23, 2018 08:23 CET
VW's independent monitor, former U.S. Deputy Attorney General Larry Thompson, has criticized the automaker's internal response to its emissions scandal, a German newspaper report said.

VW is storing 300,000 diesels at 37 facilities around U.S.

March 31, 2018 06:01 CET
VW has been storing nearly 300,000 vehicles it was forced to buy back from owners in 37 secure storage facilities around the U.S.

VW settles diesel owner suit on eve of U.S. trial

Feb. 24, 2018 06:01 CET
VW Group's U.S. unit resolved a lawsuit on Friday brought by a North Carolina man whose diesel-emissions case was set to be the first to go to trial on Monday.

VW seeks delay in U.S. trial after lawyer references monkey testing, Hitler

Feb. 3, 2018 14:23 CET
VW asked a U.S. judge to delay several court trials it is facing over excess emissions because of "inflammatory" comments made by a lawyer representing car owners.

VW says some staff aware of emissions tests on monkeys

Jan. 28, 2018 09:24 CET
VW Group said that some staff members at the VW brand's technical development division and at Volkswagen of America had been aware of tests in which monkeys were exposed to toxic diesel fumes. VW did not identify the employees, which included some members of its legal department.

Bosch probed by German prosecutors over Audi emissions

Jan. 11, 2018 16:17 CET
German prosecutors have launched a probe into Bosch over its suspected involvement in emissions test cheating in relation to its work with Audi.

Bosch takes Ford diesel rigging allegations 'very seriously'

Jan. 11, 2018 08:28 CET
Bosch said it took "very seriously" allegations of diesel software manipulation in Ford pickups, responding to a lawsuit brought by U.S. law firm Hagens Berman.

Germany's top court rejects VW's bid to suspend emissions audit

Dec. 29, 2017 09:30 CET
Germany's highest court has rejected a bid by VW to suspend the work of a special auditor appointed to investigate management's actions in the company's emissions scandal.

U.S. regulators approve emissions fix for 24,000 Audi diesel 3.0-liter vehicles

Dec. 20, 2017 06:01 CET
The U.S. Environmental Protection Agency and the California Air Resources Board have approved an emissions fix for 24,000 Audi 3.0-liter passenger cars as parent VW Group looks to move beyond its diesel emissions crisis.

VW's stock rebound leaves Daimler and BMW in the dust

Dec. 19, 2017 08:30 CET
Volkswagen's rebound from its diesel emissions scandal and an upgraded earnings forecast has helped the stock to surge ahead of its German peers Daimler and BMW.

VW expects diesel scandal costs will drop to as low as $4.7B in 2018

Dec. 11, 2017 17:06 CET
VW expects cash outflows of 4 billion to 5 billion euros ($4.7 billion to 5.9 billion) next year in relation to the diesel scandal, down from 17 billion euros this year.

VW executive convicted in U.S. may seek transfer to Germany, paper says

Dec. 10, 2017 12:52 CET
VW executive Oliver Schmidt, convicted in the U.S. for his role in the automaker's emissions scandal, may ask to serve his prison sentence in Germany, a report said.

VW halts deliveries of T6 van because of high emissions

Dec. 8, 2017 13:07 CET
VW has stopped delivering T6 vans to German dealers after detecting that diesel models emit excessive nitrogen oxide levels. The automaker has reported the findings to the KBA, Germany's motor transport authority.

LARRY P. VELLEQUETTE

Schmidt's statement showed a broken man with misplaced faith in VW

3:49 pm U.S. ET | Dec. 7, 2017
Oliver Schmidt's vacant almost defiant stare has been the face of VW's $30 billion diesel emissions scandal. That wasn't the face seen in court on Wednesday.

Ex-VW exec Schmidt gets max 7 years, $400,000 fine for U.S. emissions violations

Dec. 6, 2017 22:18 CET
Oliver Schmidt, the former executive who spearheaded Volkswagen's multiyear effort to keep its conspiracy to cheat on diesel emissions a secret from U.S. regulators, received the maximum sentence possible from a federal judge in Detroit.

VW bosses coached me to lie, jailed manager tells U.S. judge ahead of sentencing

Dec. 3, 2017 09:05 CET
VW manager Oliver Schmidt, who is scheduled to be sentenced Thursday for violating U.S. environmental regulations, told a judge he was coached by company executives to lie about diesel emissions in a meeting with a U.S. regulator two years ago.

VW fined by Dutch regulator over diesel ads

Nov. 28, 2017 16:59 CET
The Dutch markets watchdog has fined Volkswagen 450,000 euros ($534,000) for misleading consumers who bought its diesel cars between 2009 and 2015.

German court releases on bail ex-Audi manager in emissions inquiry

Nov. 19, 2017 22:40 CET
Former Audi manager Giovanni Pamio is being released following his arrest on suspicion of fraud and false advertising in connection with the carmaker's emissions scandal.

VW Chairman, CFO, HR chief offices raided by tax authorities, prosecutors

Nov. 14, 2017 23:16 CET
The offices of several senior VW executives were raided by prosecutors and tax authorities on suspicions of tax evasion.

VW agrees to pay $69 million to settle New Jersey emissions suits

Nov. 14, 2017 18:50 CET
VW agreed to pay $69 million to settle New Jersey state diesel emissions claims, one of the last major outstanding diesel legal issues the automaker faces in the U.S.

German regulator launches another probe into VW emissions scandal

Nov. 10, 2017 20:03 CET
Germany's financial watchdog is investigating whether VW illegally disclosed information about emissions violations to third parties, adding to the company's legal headaches.

VW scandal should be investigated by independent auditor, German court rules

Nov. 8, 2017 19:36 CET
Investors seeking damages from VW were given a boost when a German court ruled an independent auditor should be appointed to investigate the automaker's diesel scandal.

VW has still not fixed one in three diesel-cheat cars in UK

Nov. 8, 2017 16:46 CET
VW has yet to fix one in three of the 1.2 million cars affected by the diesel emissions scandal in Britain, over two years since revelations that it cheated tests first came to light.

Extent of VW emissions cheating discussed earlier than known, report says

Oct. 27, 2017 15:58 CET
VW engineers told top managers that diesel emissions manipulations went far beyond issues in the U.S. two days before VW made a public announcement, a German newspaper reported.

VW's diesel damages approach $30 billion after U.S. hit

Sept. 29, 2017 10:18 CET
VW took a surprise charge of about 2.5 billion euros ($3 billion) in the third quarter as plans to buy back or retrofit tainted diesel cars in North America proves more complex than expected.

Greenpeace activists board ship in bid to stop UK-bound VW diesels

Sept. 21, 2017 12:34 CET
Greenpeace activists boarded a ship arriving in Britain to stop the delivery of more than 1,000 Volkswagen cars from Germany while others sought to immobilize vehicles at a port in anti-diesel protests.

VW documents can't be shared by U.S. with German law firm, judge rules

Sept. 18, 2017 19:59 CET
A U.S. judge blocked the Justice Department from sharing with a German law firm 25 million pages of records disclosed by VW in the government's diesel-emissions investigation.

VW faces more compensation cases from German consumer group

Aug. 30, 2017 16:09 CET
German consumer rights group myRight will appeal against an expected defeat in its first case seeking compensation from VW over its emissions scandal and plans to file more cases soon.

VW diesel-cheat system tied to secret German site, report says

Aug. 26, 2017 12:18 CET
VW Group operated a secret site at its sprawling headquarters to test the diesel technology at the heart of the emissions-cheating scandal, reflecting the lengths those involved went to conceal their actions, Bloomberg reported.

VW manager told Winterkorn about diesel cheating in July 2015, reports say

Aug. 25, 2017 13:58 CET
A former VW manager has told investigators he informed then-CEO Martin Winterkorn on July 27, 2015 about emissions cheating in the U.S., German media reported. The automaker has said its executive board did not learn about the severity of the use of illegal software until late August 2015.

VW is now under scrutiny of former top U.S. law official

Aug. 19, 2017 06:01 CET
Former U.S. Deputy Attorney General Larry Thompson has started his role as Volkswagen Group's independent monitor, working from offices at the automaker's headquarters in Wolfsburg.

Audi exec sought for extradition by U.S., report says

Aug. 18, 2017 18:00 CET
American authorities asked Germany to keep an Audi executive in custody to prepare for his extradition while offering him a guilty-plea deal, Bloomberg reported.

U.S. prosecutors recommend 3 years in prison for VW engineer Liang

Aug. 18, 2017 23:09 CET
U.S. prosecutors recommended a three-year prison sentence for VW engineer James Liang for his role in widespread diesel-emissions violations that have cost the automaker as much as $25 billion.

VW diesel investigation adds another suspect in Germany

Aug. 11, 2017 14:00 CET
German prosecutors investigating the VW diesel-rigging scandal have again expanded the criminal fraud probe by adding another suspect, bring the total number of people under investigation to 38.

VW Group brands offer rebates in Germany to trade in older diesel cars

Aug. 8, 2017 16:56 CET
VW Group brands are providing incentives to trade in older diesel cars as the company's emissions scandal evolves into an industrywide crackdown on diesels. Offers from the VW and Audi brands are the most generous, with as much as 10,000 euros ($11,800) off some models.

German state premier on defensive over close VW ties

Aug. 7, 2017 09:54 CET
The premier of Lower Saxony, which owns a fifth of VW's voting rights, removed part of a speech that said the automaker's executives should be held accountable for the diesel emissions scandal "regardless of their place in the hierarchy," a report said.

Audi faces profit-linked fines in diesel cheat probe

Aug. 7, 2017 16:08 CET
Audi as a corporation has become part of a probe into diesel emissions manipulation that so far has targeted individuals. German authorities are entitled to fine a corporation up to $11.8 million and seize profits beyond that level if its managers are found violating the law.

 
Tavares' success at PSA is a 'powerful incentive' for Renault to catch up


3:42 am U.S. ET | July 30 2018

image
PSA's impressive performaance under CEO Carlos Tavares is a powerful incentive for his former company, Renault, to work hard to catch up, said Renault's No. ...
 Read More ›

Tavares may find it hard to maintain Opel's astonishing progress


10:00 am U.S. ET | July 24 2018

image
Opel's astonishing recovery under PSA left analysts swooning. ...
 Read More ›

Nissan Leaf provides some twists on road to EV future

Douglas A. Bolduc
12:01 am U.S. ET | July 20 2018

image
A week spent testing Nissan's new Leaf was frustrating logistically but encouraging overall. ...
 Read More ›

How I became a diesel believer again

Christiaan Hetzner
12:01 am U.S. ET | July 14 2018

image
Like many other people, my faith in diesel has been challenged by revelations of emissions cheating. ...
 Read More ›

Why Ford execs are lobbying for the Focus sedan

Nick Gibbs
12:01 am U.S. ET | July 13 2018

image
The pride that two key Ford executives have in the Focus sedan is so strong that they petitioned jou ...
 Read More ›

Goodwood turns up the heat on traditional auto shows

Nick Gibbs
12:01 am U.S. ET | July 11 2018

image
The Goodwood Festival of Speed has an edge that traditional auto shows in Paris, Detroit and Geneva ...
 Read More ›

New refuge for abandoned minivan fans?

Andrea Malan
12:01 am U.S. ET | July 10 2018

image
Loyal minivan buyers who aren't willing to join the shift to SUVs appear to have found refuge in one ...
 Read More ›

Opel's labor boss is ready for a fight

Christiaan Hetzner
12:14 pm U.S. ET | July 5 2018

image
Opel's works council boss has spent most of the past six years quietly settling labor conflicts behi ...
 Read More ›

Why PSA is OK that its new compact vans are so alike

Peter Sigal
12:01 am U.S. ET | July 3 2018

image
PSA Group's new compact vans have a lot in common, a trait that is often very beneficial in the ligh ...
 Read More ›

Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
  • You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.
image
Western European sales jump 9% ahead of WLTP tests
Automakers pushing to sell cars before WLTP vehicle-testing rules come into effect helped to boost w ...
 Read More ›
image
Skoda, BMW among winners as Russia sales rise 11%
New-car sales in Russia rose 11 percent in July, buoyed by strong consumer confidence ahead of a pla ...
 Read More ›
image
Europe's first-half sales surged on strong SUV demand
Jeep, Seat, Dacia and VW outperformed all other brands sold in Europe in the first half, as overall ...
 Read More ›
image
BMW sees 5%-10% sales growth in China despite tariffs
BMW expects its China sales to rise between 5 percent and 10 percent this year, despite the introduc ...
 Read More ›
image
Jeep, Volvo, VW among winners as SUVs boost European demand
Europe's continuing boom in SUV/crossover sales boosted registrations in June despite slumping deman ...
 Read More ›
image
UK market 'stabilizing' despite sales falling nearly 4% on diesel plunge
UK registrations fell 3.5 percent in June as demand for diesels plunged. VW Group's Seat had the big ...
 Read More ›
image
Russia sales growth slows during World Cup
New-car sales in Russia rose 11 percent in June, down from an 18 percent leap in May, an industry lo ...
 Read More ›
image
VW Group brands gain as German market rises 4%
VW Group brands were among the winners last month as the German market rose 4.2 percent. Through Jun ...
 Read More ›
image
Italy market decline accelerates in June
Sales of new cars in Italy declined 7.3 percent in June, according to figures published by the count ...
 Read More ›
image
Spanish car sales rise 8 percent in June
New-car registrations in Spain increased 8 percent in June to 142,376 despite one fewer selling day ...
 Read More ›
image
Peugeot, Toyota commit to midsize sector despite slump
Peugeot and Toyota are the latest automakers to commit to Europe's volume midsize segment despite cu ...
 Read More ›
image
European electric-car sales growth slowed in first half
Sales growth of electric cars slowed across the EU's major markets during the first half because of ...
 Read More ›
image
CNG car sales set to rise on tougher emissions rules
European demand for cars powered by compressed natural gas has shown signs of life after a half-deca ...
 Read More ›
image
Europe's small SUV sales projected to 'grow like crazy'
European sales of small SUVs are poised to surge beyond the segment's typically strong growth, as ne ...
 Read More ›
image
Premium automakers add drivetrains, body styles to stabilize midsize sales
Europe's premium automakers are diversifying drivetrain and body style choices in the core midsize s ...
 Read More ›
image
Europe's automakers invest in sedans despite SUV surge
Automakers in Europe are continuing to invest in sedans even though the body style has been losing c ...
 Read More ›
image
Hyundai, Seat add body styles to spice up key sector
Automakers such as Hyundai, Ford, Kia and Seat are experimenting with new compact-car body styles in ...
 Read More ›
image
Audi, BMW forecast to give key SUV sector a lift with new flagships
A two-year slump in the demand for premium large SUVs in Europe is expected to end in 2019 as BMW an ...
 Read More ›
image
Tesla Model S outsells German luxury flagships in Europe
Germany's premium brands are under pressure to accelerate their plans for electric cars after Tesla' ...
 Read More ›
image
Europe's luxury compact car segment forecast to decline for second year
Aging models such as the BMW 1 series and Audi A3 as well as the continued rise of SUV alternatives ...
 Read More ›
image
Former Tesla engineering chief returns to Apple
Doug Field, who stepped down as the senior vice president of engineering at Tesla last month, is ret ...
 Read More ›
image
Audi appoints new chief for China operations
Audi, which lags premium rivals Mercedes and BMW in China, has appointed former Opel and Skoda marke ...
 Read More ›
image
VW names purchasing chief Brandstaetter as COO
Volkswagen Group said company veteran Ralf Brandstaetter will be chief operating officer of its VW p ...
 Read More ›
image
Can a tobacco guy make leap to becoming a car guy at Ferrari?
Ferrari's new boss, Louis Camilleri, has big shoes to fill, but the tobacco industry veteran may hav ...
 Read More ›
image
Fiat Chrysler's new British CEO faces many minefields
Fiat Chrysler's new CEO, Mike Manley, gained his first auto industry experience in UK dealerships. ...
 Read More ›
image
BMW manager Duesmann lined up to head Audi, sources say
BMW purchasing director Markus Duesmann will become Audi CEO in January, sources said. ...
 Read More ›
image
Fiat Chrysler's Europe chief, Altavilla, steps down
The head of Fiat Chrysler's Europe, Middle East and Africa business, Alfredo Altavilla, has stepped ...
 Read More ›
image
New Ferrari CEO will be former tobacco executive
Ferrari's new CEO will be Louis Carey Camilleri, a former chairman of tobacco company Philip Morris ...
 Read More ›
image
Fiat Chrysler picks Manley CEO to succeed Marchionne
Fiat Chrysler appointed Mike Manley to replace the seriously ill Sergio Marchionne as its CEO. ...
 Read More ›
image
Mitsubishi recruits former Maserati, Audi exec Dambrosio to head advanced design
Mitsubishi Motors has recruited former Maserati and Audi designer Alessandro Dambrosio as executive ...
 Read More ›
image
Peugeot aims sleek 508 at SUV buyers
Peugeot has transformed the 508 midsize sedan into a hatchback to add versatility and attract SUV an ...
 Read More ›
image
Jaguar showcases I-Pace's SUV skills
The Jaguar I-Pace's versatility shows it is much at home tackling tough terrain as it is blazing aro ...
 Read More ›
image
Audi adds connectivity features to bigger Q3
Audi has made its Q3 bigger and added more tech and connectivity equipment for the compact SUV's sec ...
 Read More ›
image
Porsche gives updated Macan improved handling
Porsche has updated its Macan crossover with a fresher design, improved handling, as well as more co ...
 Read More ›
image
Mahindra places big bet small crossover
Mahindra & Mahindra are hoping to get a much larger slice of the European car market with the launch ...
 Read More ›
image
Volvo counts on V60 wagon to help balance SUV surge
Volvo is counting on the V60 station wagon to provide a strong alternative to buyers who are looking ...
 Read More ›
image
Suzuki keeps Jimny's gritty look for new generation
Suzuki is gearing up to launch the fourth generation of its long-running Jimny small SUV 20 years af ...
 Read More ›
image
Audi drops A1 diesel variant due to low demand
Audi's new A1 Sportback subcompact hatchback will launch without a diesel version and will only be a ...
 Read More ›
image
Volvo's new S60 signals 'dynamic' powertrain changes
The redesigned Volvo S60 compact sports sedan will be Volvo's first U.S.-manufactured vehicle and it ...
 Read More ›
image
BMW 8 series will offer 320-hp diesel in Europe
BMW is reintroducing the 8 series with a diesel engine, which the automaker said is unprecedented in ...
 Read More ›
image
Suppliers to the new Seat Ateca
Assembly of the all-new Seat Ateca began in April 2016 at parent Volkswagen Group's plant in Kvasiny ...
 Read More ›
image
Suppliers to the new Porsche 718 Cayman
Assembly of the third-generation Porsche Cayman began in July 2016 at parent Volkswagen Group’ ...
 Read More ›
image
Suppliers to the new Nissan Micra
Assembly of the fifth-generation Nissan Micra began in December 2016 at alliance partner RenaultR ...
 Read More ›
image
Suppliers to the new Hyundai i30
Assembly of the third-generation Hyundai i30 began in December 2016 at Hyundai's plant in Nosovice, ...
 Read More ›
image
Suppliers to the new Opel/Vauxhall Insignia
Assembly of the third-generation Ope/Vauxhall Insignia began in March 2016 at the automaker's plant ...
 Read More ›
image
Suppliers to the new Ford GT
Assembly of the second-generation Ford GT began in October 2016 at Ford's plant in Markham, Canada. ...
 Read More ›
image
Suppliers to the new Audi A5
Assembly of the second-generation Audi A5 began in June 2016 at the Volkswagen Group subsidiary's pl ...
 Read More ›