Volkswagen in the United States has been hit hard with a $14.7 billion settlement fine that must be honored in full by 2019, or face additional charges. This all stems from the 2015 allegation that Volkswagen used special software to trick vehicle emission tests.
Business Tech October 26, 2016
The Paris Auto Show is knocking at the doorstep, but supercars Bentley and Lamborghini will not honor the French capital with their presence. Volkswagen decided to cancel the presence of the luxury brands at the event, and for good reasons.
Car Tech September 21, 2016
The Volkswagen emissions scandal continues to claim executives’ heads in the group. The lead tech at Audi, Stefan Knirsch, was accused of knowingly lying under oath during hearings and was therefore suspended.
Car Tech September 19, 2016
Volkswagen engineer James Robert Liang pleads guilty to a 10-year conspiracy to defraud U.S. regulators and its own customers. Liang also admits to consipiracy to commit wire fraud and to violate the Clean Air Act.
Business Tech September 11, 2016
Porsche announced it will be boosting its workforce with 1,400 new employees to deliver an entirely electric vehicle by 2019. Mission E was touted as a serious contender for Tesla’s Model S, and parent company Volkswagen has strong reasons to back it.
Car Tech July 27, 2016
Volkswagen announced that it wants to enlarge its electric vehicle fleet with up to 20 models by 2020. The manufacturing facilities will be in the U.S., in a further attempt to appease the demanding and eco-conscious clients from the country.
Car Tech July 20, 2016
Volkswagen previously agreed to compensate owners of VW-manufactured vehicles that were involved in the company’s emission scandal. Dealers, on the other hand, have had no word about their own reparation until recently, when the company addressed such concerns as well.
Business Tech July 19, 2016
Volkswagen’s long-running involvement in some 85,000 reported cases of cheating in emission tests continues after proposals to provide a working fix for larger engines were rejected by California’s air-regulation board this Wednesday. It’s back to the drawing boards for the company.
Car Tech July 14, 2016
Volkswagen’s Chief Executive Officer told the media that European customers affected by the Dieselgate scandal will get a different treatment than American clients. No compensation for you, because the legal system is different.
Car Tech July 4, 2016
Who are eligible for the Volkswagen settlement claims, and for how much? We answer your Frequently Asked Questions on VW's deal in the wake of the emissions scandal.
Business Tech June 29, 2016
Volkswagen will pay $14.7 billion to settle legal claims concerning the 2015 emissions scandal. The amount is the largest class-action settlement in the U.S. to date.
Business Tech June 28, 2016
Did Martin Winterkorn, former Volkswagen CEO, manipulate the market by failing to disclose the financial damage caused by the 2015 emissions scandal? German prosecutors are launching an investigation.
Business Tech June 21, 2016
Volkswagen disappointed a lot of customers with the Dieselgate scandal but it wants to start clean. One strategy of the carmaker is to invest in electric vehicles alongside tapping into contemporary transportation opportunities.
Car Tech June 17, 2016
Investigators have uncovered a PowerPoint presentation that could prove Volkswagen's complicity in the alleged cheating of emissions test in the United States. The document outlined the use of software that could adjust a car's engine parameters to make it seem cleaner than it actually is.
Car Tech April 27, 2016
Volkswagen might be about to outline a plan for buying back some of the hundreds of thousands of cars it built to cheat emissions tests. It may also offer to repair some of them.
Legal April 21, 2016
The embattled automaker got itself into this mess, but can it power out of the trudge?
FUTURE TECH April 6, 2016
While the automaker was conducting its emissions cheating tactics, it was also promoting its line of clean diesels.
FUTURE TECH March 29, 2016
The recall affects 2015 and 2016 models of the all-electric vehicle.
FUTURE TECH March 28, 2016
The embattled automaker has until April 21 to provide a detailed blueprint for how it's going to bring nearly 600,000 compromised U.S. vehicles into emissions compliance.
FUTURE TECH March 24, 2016
The embattled automaker will bring everyone up to date about its emissions fix of nearly 600,000 diesels Thursday at Federal District Court in San Francisco.
FUTURE TECH March 21, 2016
The damages just keep piling up for the embattled automaker.
FUTURE TECH March 15, 2016
Daniel Donovan, who worked in VW's general counsel office, alleges that he was terminated by the company for not participating in obstruction of justice by deleting files about the emissions-cheating crisis.
FUTURE TECH March 14, 2016
Volkswagen CEO for United States operations Michael Horn is stepping down after a mutual agreement with the company. Horn was never implicated in the company's ongoing emissions cheating scandal.
FUTURE TECH March 10, 2016
If the automaker can't come up with a way to recall all affected vehicles, allowing partially-repaired cars to remain on the road might be the only option.
FUTURE TECH March 9, 2016
The country's regulators haven't ruled out involvement from top management just yet.
FUTURE TECH March 8, 2016
The embattled automaker even went as far as to cite a different car manufacturer that got away with its emissions violations in the U.S. by paying a $100 million fine. VW's fines are expected to cost tens of billions.
FUTURE TECH March 2, 2016
The Wall Street Journal reports that the embattled automaker separately faces $46 billion in potential U.S. regulatory fines.
FUTURE TECH February 24, 2016
Its parent company may be in trouble, but Audi is still shining brightly. The automaker took top honors in Consumer Reports' 2016 roundup of the best automotive brands.
FUTURE TECH February 24, 2016
CEO Matthias Mueller has filled senior positions by poaching the likes of General Motors and Apple, as VW tries to get out of the trudge of its emissions scandal.
FUTURE TECH February 23, 2016
This doesn't mean the embattled automaker is off the hook over its emissions scandal, as it still must propose to the EPA and California Air Resources Board how it's going to recall nearly 600,000 compromised vehicles in the country.
FUTURE TECH February 22, 2016
Mercedes-Benz faces a class action lawsuit from one of its BlueTEC clean diesel car owners. The complaint alleges that the automaker purposely cheated pollution regulations, in a similar fashion to rivals from Volkswagen.
FUTURE TECH February 20, 2016
The automaker experienced four percent less registrations for vehicles in Europe last month.
FUTURE TECH February 16, 2016
A report has surfaced claiming that ex-CEO of Volkswagen might be aware that the company's cars have been equipped with a software to manipulate emmissions test results. Reportedly, VW managers were warned of the diesel probe as early as 2014.
FUTURE TECH February 15, 2016
The embattled automaker was supposed to announce its annual earnings on March 10 but postponed the presentation to get a better grip on the cost of damages stemming from its emissions-cheating crisis.
FUTURE TECH February 5, 2016
German carmaker Volkswagen has proposed an engine fix for the recalled 3.0-liter diesel vehicles that emit pollution that exceeds the legal limit. The Volkswagen Group of America has submitted its plan to the EPA and the California Air Resources Board .
FUTURE TECH February 3, 2016
The embattled automaker is starting its emissions fixes on its Amarok 2.0-liter model before shifting gears to fixes on its Passat, which uses the same engine. Still, the company has yet to reach a proposed emissions fix agreement for 580,000 affected vehicles in the United States.
FUTURE TECH February 1, 2016
Since the automaker is struggling to outline ways to repair an estimated 580,000 affected vehicles in the country, a buyback program could be its best resort in moving forward from its emissions scandal.
FUTURE TECH January 29, 2016
This marks the first German approval in the embattled automaker's fix proposal as part of its emissions scandal. United States' regulators, though, still haven't approved VW's proposed fix for nearly 600,000 affected vehicles.
FUTURE TECH January 28, 2016
Getting to the bottom of the origins of the automaker's diesel cheating is the only way for the company to move on in the United States. As it stands, VW could face regulatory fines of up to $18 billion in the country.
FUTURE TECH January 25, 2016
The embattled automaker hopes the hiring of Hinrich J. Woebcken, a former BMW AG exec, can help it build better relations in the United States, where it still needs to propose an accepted plan to recall nearly 600,000 cars affected during its emissions scandal.
FUTURE TECH January 20, 2016
The recall will allow the French automaker to test its affected cars' engines and filtration systems.
FUTURE TECH January 19, 2016
A report emerged saying the Porsche and Piëch families back the embattled Volkswagen CEO Matthias Müller despite his unsatisfactory response to emissions scandal during his U.S. visit. The report cites an insider who is allegedly close to the VW supervisory board.
January 19, 2016
The embattled automaker's plan to fix 580,000 affected U.S. vehicles in its emissions scandal didn't meet the standards of the Environmental Protection Agency and the California Air Resources Board.
FUTURE TECH January 12, 2016
Dr. Herbert Diess used the first three minutes of his keynote speech at CES 2016 on Tuesday night to vow that the company will present an acceptable package for the 500,000 compromised vehicles affected by its emissions crisis.
FUTURE TECH January 6, 2016
From gesture-controlled or voice-activated doors to essentially delivering your smart home on wheels, the BUDD-e has every cutting-edge technology you can think of.
FUTURE TECH January 6, 2016