Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total billions of dollars. The German automaker’s …
Volkswagen went on trial on Monday to face investors seeking 9.2 billion euros ($10.6 billion) in compensation, arguing the carmaker should have informed shareholders earlier about its diesel pollution scandal. Shareholders representing 1,670 claims are seeking compensation for a slide …
Volkswagen AG was given four more weeks to reach an agreement with regulators for getting 600,000 diesel vehicles off U.S. roads as it faces hundreds of lawsuits for rigging pollution control systems to cheat emissions tests. U.S. District Judge Charles …
Volkswagen AG will probably miss a Thursday court deadline to reach a comprehensive agreement with U.S. authorities over its tainted diesel engines, possibly exposing the carmaker to daily fines and other sanctions. While talks have intensified in recent days, Volkswagen …
Almost 300 institutional investors in Volkswagen have filed a multi-billion euro suit against the carmaker for what they see as breaches of its capital markets duty in the emissions scandal, the law firm representing them said. The lawsuit, for damages …
German insurer Allianz plans to sue Volkswagen over the sharp drop in its shares as a result of the carmaker’s diesel emissions scandal, a source familiar with the situation told Reuters. If successful, the lawsuit would add to financial pressures …
Volkswagen’s former chief executive officer was alerted to problems with U.S. diesel emissions tests in 2014, but the issue “did not initially receive particular attention at the management levels,” the German carmaker said on Wednesday. A memo was sent to …
Volkswagen AG, reeling from an expanding scandal involving diesel cars it has admitted it rigged to pass U.S. pollution tests, announced Monday that owners of the vehicles will receive $1,000 in what the company calls a “goodwill” gesture. VW is …
Volkswagen AG is maneuvering to steer hundreds of class-action lawsuits over its emissions-cheating software to the court nearest its current U.S. headquarters or to Detroit, its former location. The automaker asked a panel of federal judges to combine the more …
West Virginia may be the first U.S. state to sue Volkswagen AG for deceiving car buyers after the Environmental Protection Agency said last month that the company had installed software to hide that its diesel engines exceeded pollution standards. Attorney …
