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Volkswagen agreed to a $14.7 billion settlement, which included $2.7 billion for an independent mitigation trust that would be administered by local governments in an effort to reduce NOx ...
At the 2024 meeting of the North American Carbon World, Director of the Washington State Department of Ecology, Laura Watson, suggested that the result of the reason for the sudden drop in settlement price for carbon allowances in the first auction of the year was a result of the initiative getting on the ballot. [16] [17]
In September, regulators discovered VW was using emissions-concealing software in roughly 500,000 of its diesel vehicles sold since 2008. Expect a settlement in the Volkswagen emissions fiasco ...
Volkswagen announces plans to refit up to 11 million vehicles affected by the emissions violations scandal: 2 October 2015: Volkswagen sets up an online based service on which customers can check if their car is affected based on the vehicle identification number: 8 October 2015: Volkswagen US CEO Michael Horn testifies before US Congress: 3 ...
Volkswagen and a German consumer group said Thursday they will conduct talks on a possible settlement in a landmark case in which hundreds of thousands of people aim to establish a right of ...
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]
To date, seven other major automakers have agreed to settlements worth about $1.5 billion covering tens of millions of vehicles. VW reaches $42 million settlement with U.S. owners over Takata air bags
The area is also used for carpool parking. The Mellen Street station was built based on a 2020 fund of $3.4 million from a combination of a Green Transportation Grant from the Washington State Department of Transportation (WSDOT), the Diesel Emissions Reduction Act, and a settlement from the Volkswagen emissions scandal. [36]