Volkswagen diesel scandal

Two years ago, Ferdinand Piëch, then chairman of the Volkswagen Group, resigned from his post following a public spat with Martin Wintekorn, who was the automaker’s CEO at the time. The 80-year-old has now cut all ties with the VW Group by offloading his sizable stake in Porsche...

The Volkswagen Group has ruled out selling Ducati following strong opposition from the Italian motorcycle brand’s labor union, FIOM CIGL. Ducati CEO Claudio Domenicali made the announcement to staff on Friday, union representative Bruno Papignani confirmed to Bloomberg. Helping to sway the...

Former Porsche R&D chief Wolfgang Hatz who stepped down in the wake of the diesel scandal afflicting the Volkswagen Group has been arrested in Germany as part of an investigation into the scandal by local prosecutors, a person familiar with the matter told Reuters on Thursday. German business...

Former Volkswagen engineer and German citizen James Liang was sentenced on Friday in a Detroit court to 40 months in prison and given a fine of $200,000 for his involvement in the Volkswagen Group’s diesel scandal. The sentence was handed down by U.S. District Court Judge Sean Cox and was...

Governments, particularly in Europe, are under pressure to curb emissions. In July, both France and the United Kingdom agreed to ban the sale of cars powered solely by gasoline or diesel by 2040. But the government in Germany, a country perhaps more closely linked with its auto industry than any...

Following a recent probe, Germany’s official transport authority, the KBA, on Thursday ordered Porsche to recall 22,000 Cayenne SUVs across Europe after discovering emissions cheating software. The recalled Cayennes are those examples fitted with a 3.0-liter diesel engine, the same fitted to...

As investigations into diesel-emission cheating deepen, accusations have arisen that the Volkswagen Group, Daimler and the BMW Group may have colluded on development of diesel engines and other areas. Germany’s Der Spiegel reported on Friday that starting in the 1990s, the three automakers...

Further investigations into the Volkswagen Group’s diesel scandal have led to the arrest of a former Audi manager as well as a probe into Porsche by investigators in Germany. Both instances involve allegations of fraud and false advertising relating to diesel emissions. In the case of...

Opel CEO Karl-Thomas Neumann confirmed on Monday he is stepping down. He will remain a member of the board until after General Motors’ sale of Opel to French auto giant PSA Group is completed. The sale was announced in March and is expected to close in the coming months. Neumann's replacement...

The Volkswagen Group’s diesel scandal is finally starting to settle here in the United States but over in Europe things are flaring up again. This time it’s the Audi and Porsche brands in the crossfire. Germany’s Wirtschaftswoche reported on Friday that Porsche is being...

Facing costs exceeding $20 billion in the United States alone due to its diesel emissions scandal, plus a hefty bill to develop new electric car technology, the Volkswagen Group has been cutting back on staff and niche products to preserve cash. There’s always been talk that the VW Group...

The Volkswagen Group on Friday pleaded guilty to three felony charges relating to its diesel emissions cheating scandal as part of January’s settlement with the Justice Department and Customs and Border Protection regarding any criminal misconduct tied with the scandal. The charges included...

The Volkswagen Group released a statement on Wednesday denying allegations made by former Chairman Ferdinand Piech regarding knowledge among the automaker’s senior staff of the diesel scandal before it became public in September 2015. Piech, along with his extended family, is a major...

Volkswagen on Wednesday announced it reached proposed agreements to resolve outstanding civil claims in the United States from owners of approximately 78,000 vehicles fitted with 3.0-liter diesel engines found to be equipped with the “defeat device” software at the heart of the...

On the same day that Volkswagen agreed to plead guilty to three felony counts and pay fines totaling $4.3 billion to the Justice Department and Customs and Border Protection regarding criminal misconduct linked with the diesel scandal, the Justice Department confirmed that six executives have been...

Volkswagen may be nearing a settlement over its criminal and civil investigations with the U.S. Department of Justice for $3 billion, Reuters reported. The agreement hasn't yet been finalized but could be announced as early as next week, according to the report. A spokesman for Volkswagen declined...

The Volkswagen Group on Tuesday announced it reached a $1 billion settlement with regulators in the United States to resolve claims related to its vehicles fitted with 3.0-liter diesel engines. The settlement still needs to be approved by U.S. District Judge Charles R. Breyer, who is presiding over...

Now that Audi and Porsche won't be fighting for LeMans titles, the brands have taken their epic battle to the boardroom to compete for dwindling research and program cash, according to a Reuters report. According to sources within the Volkswagen Group's C-suite, the brands are each vying for a...

As it continues to deal with its diesel emissions scandal and push into electric cars, the Volkswagen Group in the past week has been making statements on future strategy. On Friday we learned that the automaker planned to shed around 30,000 jobs over the coming years as it scales back production...

Volkswagen on Friday announced plans to significantly reduce its workforce over the coming years as it deals with its costly diesel emissions scandal and push into electric cars. The cuts are expected to total 30,000, with 23,000 of these to be made in Germany. VW says the cuts are to be made in a...