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In January 2017, VW pleaded guilty to the emissions scandal and agreed to pay US$4.3 billion in penalties. As of January 2019, 13 VW employees have been indicted, including former CEO Martin Winterkorn. In addition, two former executives (Oliver Schmidt and James Robert Liang) have pleaded guilty in US court and sentenced to prison terms. [10] [11]
German public prosecutors raided the Wolfsburg headquarters of Volkswagen <VOWG_p.DE> on Tuesday in the latest investigation into the carmaker's diesel emissions scandal. Volkswagen, which ...
First business day after news, Volkswagen stock down 20 percent: 22 September 2015: Volkswagen to spend $7.3B to cover costs of scandal; stock declines another 17 percent: 23 September 2015: CEO Martin Winterkorn resigns: 29 September 2015: Volkswagen announces plans to refit up to 11 million vehicles affected by the emissions violations ...
The 2009 Volkswagen Jetta Diesel Sedan was awarded Green Car of the Year.The award was rescinded in early October 2015. On 18 September 2015, the United States Environmental Protection Agency (EPA) said beginning in 2008 the car maker fraudulently installed engine control unit (ECU) software determined to be a "defeat device", in violation of the Clean Air Act, to circumvent environmental ...
Prosecutors have charged former Volkswagen chief executive Martin Winterkorn with giving false testimony to the German parliament when he said he was unaware of the carmaker's diesel emissions ...
Volkswagen was one of the earliest entrants into the electric vehicle industry, years before it became commonplace to own or drive them. Its efforts were on full-steam in the wake of a diesel ...
Subsequently, made available for all longitudinal engined Audis, along with the same engine orientation in Volkswagen Passenger Cars 'premium' models and Volkswagen Marine applications. Also related to VW's diesel emissions scandal. [24] identification parts code prefix: 059 engine configuration and engine displacement
German automaker Volkswagen on Monday was charged with importing nearly 128,000 vehicles into Canada contravening the country's environmental legislation, a Canadian government agency said.