Volkswagen

Stories 1 - 20 |  Next >>

SEC Is Going After VW's 'Ill-Gotten Gains'

Car maker says it will 'vigorously' defend itself

(Newser) - The SEC is going after Volkswagen. At issue: upwards of $13 billion in bonds and asset-backed securities issued here between April 2014 to May 2015—a period when, the SEC's lawsuit alleges, Volkswagen's upper echelons were well aware that its 500,000 diesel vehicles in the US were... More »

Volkswagen Boss Sorry About Nazi Gaffe

Herbert Diess used phrase 'EBIT macht frei'

(Newser) - Volkswagen CEO Herbert Diess is in hot water for what he's now calling "definitely an unfortunate choice of words" he used at a company event Tuesday: "EBIT macht frei." If that sounds familiar, it's because it echoes "Arbeit Macht Frei," or "work... More »

Looks Like VW Is in Trouble Again

The carmaker may be helping vehicles avoid emissions standards

(Newser) - Volkswagen may be in trouble all over again for allegedly installing software in cars to help them duck emissions standards, Reuters reports. German authorities are investigating whether 1.2-liter engine Volkswagens, including the Polo, received a software update allowing them to trick emissions tests. Germany may also file charges against... More »

Here Are 14 Cars That Are Getting the Ax

Say goodbye to the Volkswagen Beetle, the Ford Focus, and a dozen others

(Newser) - If you think you're seeing more SUVs and crossovers on the road, you're not imagining things. That's because automakers are making what USA Today calls a "sweeping shift" into those types of vehicles—which also means they're dumping more-traditional passenger cars from their lineups. The... More »

Volkswagen Doing Away With Its Iconic Beetle

Will end production of the car next year

(Newser) - Volkswagen says it will stop making its iconic Beetle in July of next year, the AP reports. Volkswagen of America on Thursday announced the end of production of the third-generation Beetle by introducing two final special editions. The Beetle was developed in Nazi Germany in 1938 and came to the... More »

Farmers Want Volkswagen To Stop Using 'Hail Cannons'

They say the cannons are causing a drought

(Newser) - Volkswagen is facing new accusations. But they have nothing to do with cheating on emissions tests . Instead, farmers in Mexico are accusing the carmaker of causing a drought. Volkswagen uses so-called hail cannons to protect newly manufactured cars parked outside at its Puebla factory. The cannons shoot sonic booms into... More »

Add Audi CEO to List of Busted VW Execs

German authorities detain Rupert Stadler in 'Dieselgate'

(Newser) - German authorities on Monday detained the chief executive of Volkswagen's Audi division, Rupert Stadler, as part of the investigation into the manipulation of emissions controls. The move is an extension of the emissions scandal that has rocked Volkswagen since 2015 and led to billions in fines, the arrest of... More »

Former Volkswagen CEO Charged in 'Dieselgate'

Martin Winterkorn indicted, though chances are slim he'll return to US

(Newser) - A federal grand jury in Detroit has indicted former Volkswagen CEO Martin Winterkorn on charges stemming from the company's diesel emissions cheating scandal in a plot that prosecutors allege reached the top of the world's largest automaker. The four-count indictment unsealed Thursday charges Winterkorn, 70, with three counts... More »

As Cartoons Played, Monkeys Forced to Breathe Diesel Fumes

Other experiments involved humans

(Newser) - Could carmakers replace cable companies in the battle for the title of Most Reviled Industry? This news out of Germany could certainly help. The BBC reports German carmakers funded research that involved having humans and monkeys inhale diesel exhaust fumes to gauge the health impact. The research was done at... More »

US Sentences VW Exec for Role in Emissions Scam

Oliver Schmidt gets 7 years

(Newser) - A judge has sentenced a Volkswagen senior manager to seven years in prison for covering up a scheme to evade pollution limits on US diesel vehicles, calling it an astonishing fraud on American consumers. Oliver Schmidt, who is the second person to be sent to prison over the scandal, was... More »

Volkswagen Has Been Kicked Out of No. 1 Auto Sales Spot

Renault-Nissan is the new king of the cars

(Newser) - Results are in for the first six months of worldwide car sales, and Volkswagen has been, as CNNMoney notes, "dethroned." The German carmaker came in with about 5,155,600 vehicles sold in the first half of the year, followed by Toyota at 5,129,000. But it... More »

Buyer, Beware: 5 Deadliest Cars in America

Also, the 5 safest cars in America

(Newser) - Just how safe is that car you're driving? 24/7 Wall St. investigated to come up with a ranking of the safest and least safe car models sold in the US. The cars you'll want to drive, and those you won't, based on driver death rates: More »

Now Hot on Car Lots: VW Diesels?

After scandal, Volkswagen is hawking those it has left, then they’re gone

(Newser) - When the feds busted Volkswagen’s emissions scandal in 2015 and told it to stop selling affected cars, the automaker had about 11,000 on US car lots. Now, as the Detroit Free Press reports, those vehicles are something of an unlikely hot commodity. With its emissions fix in place,... More »

Volkswagen Agrees to Pay $1.2B to 75K More Owners

Without a fix, that could rise to $4B

(Newser) - Volkswagen has agreed to pay at least $1.2 billion in buybacks and compensation to settle claims from US owners of cars with larger diesel engines that the company rigged to cheat on emissions tests. And the company could pay even more—as much as $4 billion—if it can'... More »

Toyota No Longer the World's Biggest Auto Seller

Volkswagen takes the crown in the year post-cheating scandal

(Newser) - Toyota has lost its crown as the world's best-selling automaker, and the company to wear it now does so for the first time: Volkswagen. Yes, though revelations about the latter's diesel-engine manipulations emerged in 2015 , 2016 turned out to be a winning year for Volkswagen, which recorded a... More »

6 Volkswagen Employees Indicted in Emissions Scandal

VW will pay $4.3B penalty

(Newser) - Six high-level Volkswagen employees have been indicted by a grand jury in the company's diesel emissions cheating scandal, as the company admitted wrongdoing and agreed to pay a record $4.3 billion penalty, the AP reports. The federal indictments and plea deal were announced Wednesday by the Justice Department... More »

FBI Arrests Volkswagen Exec

Oliver Schmidt nabbed over diesel scandal

(Newser) - The Volkswagen executive who once was in charge of complying with US emissions regulations has been arrested by the FBI in connection with the company's emissions-cheating scandal, a person briefed on the matter said Monday. Oliver Schmidt, who was general manager of the engineering and environmental office for VW... More »

Man Strips Car Before Trying to Get VW to Buy It Back

He's giving the emissions-cheating company a taste of its own medicine

(Newser) - There's petty, and then there's Cincinnati car salesman Joe Mayer. Jalopnik reports Mayer had an appointment this week with Volkswagen to buy back the diesel Golf he bought just weeks before the company's massive diesel scandal broke. But before he took his Golf in for the court-ordered... More »

Germany Widens VW Investigation to Top Brass

Investigators now looking at chairman of board, 2 others

(Newser) - German prosecutors have widened their investigation into Volkswagen's handling of the emissions scandal to include its board chairman, Hans Dieter Poetsch, reports the AP . Poetsch was VW's chief financial officer when the company's efforts to rig cars to cheat on US diesel emissions tests became public in... More »

VW's New Headache: Historian Who Exposed Nazi Past

Open letter from 75 academics says Manfred Grieger was punished for exposing Nazi ties

(Newser) - Volkswagen's troubles continue after its record-breaking $14.7 billion emissions-scandal settlement last week, with the controversy now swirling around a historian who helped uncover the company's Nazi past. The New York Times dives into the sudden end of Manfred Grieger's contract with VW, now being criticized for... More »

Stories 1 - 20 |  Next >>

AROUND THE WEB