Volkswagen's share of the European car market remains depressed following its diesel emissions test-rigging scandal.
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.
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.
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 will take a 16.2 billion euro hit over its emissions-test cheating scandal as other German carmakers agreed to recall 630,000 vehicles to fix diesel engine technology.
Volkswagen has reached a deal to compensate drivers in the United States over its emissions scandal. The final details will be announced in June.
VW cars recorded another month of falls in sales in March, the 16th out of the last 18 months for Europe’s number one motor manufacturer. Losing only
The scandal hit car manufacturer Volkswagen looks set to dramatically reduce management bonuses.
Porsche's former chief executive Wendelin Wiedeking has been acquitted of alleged stock market manipulation, over its attempt to take control of Volkswagen in 2008.
A court in Germany has rejected a Volkswagen customer’s attempt to cancel his VW contract after the company’s emissions scandal. The German carmaker
New car sales in Europe jumped by 14% in February, the 30th straight month of growth. Only the Greek and Dutch markets declined. Even Volkswagen
Volkswagen's sales fell further in February following the German carmaker's rigging of diesel engine emissions tests in the US. Sales in Europe did rise 3.7 percent.
Volkswagen is facing increasing legal pressure over its diesel engine emissions test cheating which could result in more and bigger financial penalties.
Andreas Mikkelsen topped the timesheets in the shakedown for Rally Mexico on Thursday – the third leg and first gravel test this season. The
Volkswagen and Audi's offices in South Korea's capital Seoul have been searched by prosecutors over the diesel engine emissions scandal.
EU politicians have backed a compromise deal which will allow vehicles to exceed official pollution limits. It flies in the face of calls for more
EU regulators want more powers to fine carmakers for faulty vehicles after the Volkswagen scandal. They want to be able to fine companies 30,000
Volkswagen says there will be no compensation plan for Europe for those affected by its diesel emissions scandal.
The EU executive has called on Volkswagen to compensate European customers affected by the firm’s diesel scandal. VW is offering compensation to tens
Another blow for Volkswagen. The German carmaker has seen its market share decline for the first time in eight years. It comes in the wake of the
US regulators have rejected Volkswagen’s plans to fix 2.0 litre cars equipped with equipment which “cheated” emissions tests allowing them to emit 40
Volkswagen’s Budd-e had its world premier in Las Vegas at the Consumer Electronics Show one of two Volkswagen concept electric cars which were