Volkswagen diesel scandal: US judge approves $14.7 billion deal
A U.S. federal judge on Tuesday approved Volkswagen AG`s record $14.7 billion settlement with regulators and owners of 475,000 polluting diesel vehicles, and the German automaker said it would begin buying back the cars in mid-November.
Oct 25, 2016, 23:58 PM IST
Volkswagen to offer to buy back nearly 500,000 US diesel cars
Volkswagen AG and U.S. officials have reached a framework deal under which the automaker would offer to buy back almost 500,000 diesel cars that used sophisticated software to evade U.S. emission rules, two people briefed on the matter said on Wednesday.
Apr 21, 2016, 08:52 AM IST
Volkswagen managers refuse to forego bonuses: Report
VW`s former chief executive Martin Winterkorn received a bonus of more than three million euros ($3.4 million) a year ago.
Apr 07, 2016, 16:33 PM IST
Volkswagen says CEO Martin Winterkorn got diesel snag warning as early as May 2014
Volkswagen`s former chief executive may have been warned as early as May 2014 of possible anomalies dogging its diesel engines, months before the scandal erupted worldwide, the company admitted.
Mar 03, 2016, 17:59 PM IST
Volkswagen admits 1.8 mn commercial vehicles involved in pollution scam
Volkswagen said Tuesday that 1.8 million of its commercial vehicles worldwide are fitted with the sophisticated software enabling them to cheat emission tests, as the auto giant`s new chief warned the group was facing the "severest test in its history."
Sep 29, 2015, 17:21 PM IST
