Tag: VW
Audi to cut €10 billion to fund electric-car push – Reuters
Audi looks to move on from emissions scandal A report by Reuters says Audi is looking to cut costs by €10 billion euros by 2022 to help the German automaker make the shift into electric cars. Sources close to the German automaker says Audi is planning to offer five new all-electric models to market in […]
VW fraud lawsuits could force company to buy back emission test cheating diesels
Over 200 VW fraud lawsuits filed recently Volkswagen almost inevitably will have to compensate owners of diesel cars equipped with emissions-rigging software. Some legal experts say the automaker could be forced to buy back the cars altogether. Many of the more than 200 lawsuits filed in the past few weeks allege that for seven years […]
French debate crackdown on diesel fuel in light of VW scandal
Diesel vehicles blamed for Paris pollution PARIS – Guidebooks rarely mention it, but Paris is one of the most polluted cities in the rich world. The Eiffel Tower is periodically shrouded in smog, and there’s one key culprit: France’s disproportionately heavy reliance on diesel fuel. Critics are increasingly questioning the need for diesel vehicles, especially after last […]
Following VW emissions evasion, other VW models will be ‘aggressively’ tested
VW emissions testing scandal could see company fined $18B The Environmental Protection Agency said Friday that it will launch sweeping changes to the way it tests for diesel emissions after getting duped by clandestine software in Volkswagen cars for seven years. In a letter to car manufacturers, the EPA said it will add on-road testing to […]
Volkswagen Canada halts some sales after CEO apologizes for emissions scandal
Sales of Volkswagen diesel Jetta, Golf, Beetle halted in Canada TORONTO – Volkswagen Canada has told dealers to stop selling diesel-powered vehicles involved in an emissions-testing scandal that has drawn the ire of American regulators. Spokesman Thomas Tetzlaff said in an email that the voluntary move comes as the Canadian division of the automaker is working […]
VW emissions testing scandal: CEO under pressure, stock tanks
VW emissions testing scandal could see company fined $18B BERLIN – Pressure piled on the head of Volkswagen Monday in the wake of an emissions-testing scandal that saw more than 13 billion euros (around $15 billion) wiped off its market value in one trading session. Following revelations that the German carmaker had rigged U.S. emissions tests for about […]
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