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Volkswagen

Business

EU takes members to task over Volkswagen scandal

The EU has begun legal action against seven member states for failing to police emissions cheating by car-makers after the Volkswagen scandal.

The EU has begun legal action against seven member states for failing to police emissions cheating by car-makers after the Volkswagen scandal.

News

Could new petrol cars be banned from EU's roads by 2030?

Banning new petrol and diesel cars from EU roads by 2030 is unrealistic without more incentives to develop electric-powered alternatives, campaigners say.

Banning new petrol and diesel cars from EU roads by 2030 is unrealistic without more incentives to develop electric-powered alternatives, campaigners say.

News

European car sales strong in September

European car sales grew by a strong 7.3 percent last month with increases for smaller so-called volume vehicles and luxury premium cars alike.

European car sales grew by a strong 7.3 percent last month with increases for smaller so-called volume vehicles and luxury premium cars alike.

Business

South Korea: Volkswagen boss questioned over emissions scandal

The man who oversees Volkswagen’s emissions certification – Detlef Stendel – has been questioned by the authorities in South Korea over the so-called dieselgate…

The man who oversees Volkswagen’s emissions certification – Detlef Stendel – has been questioned by the authorities in South Korea over the so-called dieselgate…

Business

VW investors sue the car giant for 8.2 billion euros - German court

Volkswagen shareholders are suing the car maker for 8.2 billion euros in damages because their VW shares plunged in the wake of the so-called dieselgate scandal.

Volkswagen shareholders are suing the car maker for 8.2 billion euros in damages because their VW shares plunged in the wake of the so-called dieselgate scandal.

Europe

Several diesel brands emit more than VW: report

Several diesel car brands emit higher levels of pollution than Volkswagen, a study by environmental group Transport and Environment has found, one year after the 'Dieselgate' scandal.

Several diesel car brands emit higher levels of pollution than Volkswagen, a study by environmental group Transport and Environment has found, one year after the 'Dieselgate' scandal.

Business

VW engineer pleads guilty in US over diesel pollution scandal

The US has brought the first criminal charges against a Volkswagen executive over the diesel emissions scandal. Engineer James Liang has pleaded guilty and will cooperate with investigators.

The US has brought the first criminal charges against a Volkswagen executive over the diesel emissions scandal. Engineer James Liang has pleaded guilty and will cooperate with investigators.

News

Volkswagen emissions scandal: Australia sues car giant

Volkswagen is being sued by the Australian Competition and Consumer Commission over its cheating emissions tests on diesel vehicles.

Volkswagen is being sued by the Australian Competition and Consumer Commission over its cheating emissions tests on diesel vehicles.

Business

Volkswagen halts production of Golfs in dispute with suppliers

The German Economy Ministry is urging Volkswagen and two of its suppliers to quickly end a dispute that has created production delays at six plants including VW's main factory in Wolfsburg.

The German Economy Ministry is urging Volkswagen and two of its suppliers to quickly end a dispute that has created production delays at six plants including VW's main factory in Wolfsburg.

Business

Volkswagen workers face cut in hours

A spokesman at the company's Wolfsburg headquarters (headcount 60,000) said shortening staff hours were a possible response to supply problems.

A spokesman at the company's Wolfsburg headquarters (headcount 60,000) said shortening staff hours were a possible response to supply problems.

Business

South Korea suspends Volkswagen sales over emissions scandal

South Korea has suspended sales of most Volkswagen models for allegedly forging documents on diesel engine emissions or noise-level tests. They will now have to be re-certified.

South Korea has suspended sales of most Volkswagen models for allegedly forging documents on diesel engine emissions or noise-level tests. They will now have to be re-certified.

Business

Volkswagen profits pulled down again by emissions rigging scandal

Volkswagen has suffered a 12 percent drop in quarterly profit at its main passenger car division as it tries to overcome the toxic emissions rigging scandal.

Volkswagen has suffered a 12 percent drop in quarterly profit at its main passenger car division as it tries to overcome the toxic emissions rigging scandal.

Business

German watchdog probes former VW board

The German financial watchdog has filed a complaint against the entire former board of Volkswagen over possible market manipulation.

The German financial watchdog has filed a complaint against the entire former board of Volkswagen over possible market manipulation.

Business

VW Dieselgate damage could have been worse

Despite the diesel emissions test cheating scandal Volkswagen's underlying profit fell less than expected in the first quarter thanks to demand for its Audi and Porsche models.

Despite the diesel emissions test cheating scandal Volkswagen's underlying profit fell less than expected in the first quarter thanks to demand for its Audi and Porsche models.

Business

Toyota invests in ride-hailing firm Uber

Toyota has become the latest carmaker to invest in an on-demand ride-hailing company by forging a deal with Uber. It follows General Motors investing in Lyft and Volkswagen in Gett.

Toyota has become the latest carmaker to invest in an on-demand ride-hailing company by forging a deal with Uber. It follows General Motors investing in Lyft and Volkswagen in Gett.

Business

Norway's wealth fund to sue Volkswagen over Dieselgate

Norway's sovereign wealth fund plans to join the class-action lawsuits filed in German courts against Volkswagen over the carmaker's emissions scandal.

Norway's sovereign wealth fund plans to join the class-action lawsuits filed in German courts against Volkswagen over the carmaker's emissions scandal.

Business

VW warns of big challenges ahead

Volkswagen says it's confident of solid growth this year despite 'Dieselgate' but admitted the scandal could cost much more than the amount set aside so far and assets might have to be sold.

Volkswagen says it's confident of solid growth this year despite 'Dieselgate' but admitted the scandal could cost much more than the amount set aside so far and assets might have to be sold.

Business

Braking bad: auto industry plagued by scandals

In this edition of Business Line we focus on the 'Dieselgate' scandal - the effects on Volkswagen and Mitsubishi along with the unanswered questions for European owners of VWs.

In this edition of Business Line we focus on the 'Dieselgate' scandal - the effects on Volkswagen and Mitsubishi along with the unanswered questions for European owners of VWs.

News

Volkswagen emission cheating costs rise to more than €16bn

Volkswagen has announced it will be putting aside €16.2 billion to help pay for its emissions scandal, more than double the €6.7 billion it told

Volkswagen has announced it will be putting aside €16.2 billion to help pay for its emissions scandal, more than double the €6.7 billion it told