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On 8 December 2015, the United States Judicial Panel on Multidistrict Litigation issued an order consolidating over 500 class actions against Volkswagen into a single multidistrict litigation, captioned In re: Volkswagen 'Clean Diesel' Marketing, Sales Practices, and Products Liability Litigation, MDL No. 2672, and transferred the entire MDL to ...
The Volkswagen XL1, with potential mileage as high as 261 mpg ‑US (0.9 L/100 km), is the most fuel-efficient car in the world.. In 1974 Volkswagen paid a $120,000 fine to settle a complaint filed by the Environmental Protection Agency over the use of so-called "defeat devices" that disabled certain pollution-control systems.
They brought suit against the automobile’s manufacturer (Audi), its importer (Volkswagen of America), its regional distributor (World-Wide Volkswagen Corp.), and its retailer dealer (Seaway Volkswagen). [1] The Robinsons' Oklahoma attorney brought the lawsuit in state court in Creek County, Oklahoma, the county in which the accident had occurred.
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Germany’s Volkswagen has pulled a social media ad for a new car and apologized after an outcry over its racist overtones.
Thirteen banks are offering credit portions of either 1.5 billion euros or 2.5 billion euros each, or a total of 29 billion euros to Volkswagen. VW, banks agree terms of $20B bridge loan Skip to ...
Volkswagen AG purchased the remaining stake in Porsche AG equaling 100% of the shares in Porsche Zwischenholding GmbH, effectively becoming its parent company as of 1 August 2012. [43] Volkswagen AG completed the purchase of 19.9% of Suzuki Motor Corporation's issued shares on 15 January 2010.
[8] [10] In 1997 a settlement was reached where VW paid $100 million in damages to GM, and agreed to buy $1 billion in GM parts over seven years. [7] After resigning from VW in 1996, Lopez established a consulting practice in Spain [11] and later on unsuccessfully attempted to establish a Spanish car company.