Volkswagen agrees terms of 20 billion euro bridge loan: Sources
Volkswagen has agreed the terms of a 20 billion euro ($21 billion) bridging loan with banks to help shoulder the costs of its emissions scandal, three people familiar with the matter told Reuters on Wednesday.
Volkswagen to roll out India-specific compact sedan next year
German car major Volkswagen AG Wednesday said it will roll out an India-specific compact sedan next year from its Pune plant and has invested Rs 720 crore in the development of the new model.
Nov 25, 2015, 23:18 PM ISTHave fixes for 90% of emissions scandal cars in Europe: VW
The carmaker has admitted to fitting 11 million diesel engines worldwide with sophisticated software fitted to skew the results of tests for nitrogen oxide emissions.
Nov 24, 2015, 04:47 AM ISTEU urges Volkswagen to speed up emissions-cheating probe
The EU urged Volkswagen today to hurry up its investigation into the pollution-cheating scandal after revelations that the row may also involve petrol engines and not just diesel.
Nov 04, 2015, 22:30 PM ISTVolkswagen emissions-cheating scandal widens with new CO2 revelations
Germany's Volkswagen said Wednesday an internal probe had found that 800,000 more vehicles showed "inconsistencies" on carbon emissions, including the first petrol engines, as the auto giant sank deeper into a massive pollution cheating scandal.
Nov 04, 2015, 21:59 PM ISTVolkswagen violated emission rules in larger engines too: US
The Volkswagen emissions-cheating scandal widened Monday when US regulators said the German automaker also included illegal "defeat devices" on its larger 3.0 liter diesel engines during the past three years.
Nov 03, 2015, 22:33 PM ISTFrench police raid Volkswagen offices in emission scandal
Investigators searched the company's main office in Villers-Cotterets in northern France Friday, as well as another office near Paris, seizing documents and computer hardware in the process, the source added.
Oct 18, 2015, 20:33 PM ISTPolice raid VW HQ, US chief admits knew of problem in 2014
The German auto giant has sunk into the deepest crisis of its history after revealing that it equipped 11 million of its vehicles worldwide with software that switches the engine to a low-emissions mode during tests.
Oct 08, 2015, 19:17 PM ISTVolkswagen studying impact of emission scandal on India, no recall yet
Emission scandal-hit Volkswagen Monday said it is still evaluating the impact on India, and a recall of vehicles will depend on findings of the ongoing investigations.
Oct 05, 2015, 22:58 PM ISTGerman say no formal inquiry against Volkswagen ex-CEO Martin Winterkorn
German prosecutors said Thursday that they had not launched a formal inquiry against Martin Winterkorn, the former chief executive of auto giant Volkswagen, contrary to what they originally stated this week.
Oct 01, 2015, 17:52 PM ISTVolkswagen UK says to fix nearly 1.2 mn vehicles
The British arm of Volkswagen Wednesday said it would recall and repair almost 1.2 million vehicles affected by the emissions cheating scandal.
Sep 30, 2015, 19:28 PM ISTVolkswagen draws up refit plan for cars in pollution scam
The German government has given VW until October 7 to explain how it will resolve the scandal, which has rocked the industry and wiped USD 33 billion, or 38 per cent, off VW's market value in 10 days.
Sep 29, 2015, 22:49 PM ISTVolkswagen scandal: Skoda, Audi admit emission faults
Volkswagen scam deepens as the sister companies Skoda and Audi admits that there are faults within their cars as well.
Sep 29, 2015, 13:25 PM IST