Tag Archives: VOLKSWAGEN
Algerian partner of Germany’s VW held over graft allegations
:: An Algerian court on Monday ordered the detention of Mourad Eulmi, head of family-owned firm SOVAC that is a partner of Germany’s Volkswagen AG, on suspicion of corruption, state television reported. The move came as part of a series
Volkswagen pleads guilty in US diesel emissions scandal
Volkswagen pleaded guilty Friday to conspiracy and obstruction of justice in a brazen scheme to get around US pollution rules on nearly 600,000 diesel vehicles by using software to suppress emissions of nitrogen oxide during tests. The German automaker has
Volkswagen says pollution cheating dates back to 2005
Volkswagen said the roots of the global pollution-cheating scandal it is currently engulfed in date back to 2005, and while the current situation was difficult, it would not break the company. In a news conference detailing the latest developments in
Former VW boss Winterkorn quits as head of holding company
Former Volkswagen CEO Martin Winterkorn, who resigned in the wake of the emissions cheating scandal, is stepping down as head of the group’s Porsche SE holding at the end of the month, the Stuttgart-based group said. Winterkorn will hand over
Volkswagen market share dips in Europe amid emissions scandal
Volkswagen saw its market share in Europe drop fractionally in September, when its emissions scandal broke mid-month, as its sales growth lagged the wider market. VW Group sales, comprising all VW brands including its luxury marquees, rose by 8.4 percent
Emissions scandal: Germany orders VW to recall 2.4m cars
German Transport Minister Alexander Dobrindt said on Thursday that the country’s automotive watchdog had ordered Volkswagen to start a mandatory recall of 2.4 million affected cars at the start of 2016. “The recall will begin at the start of 2016.
#Dieselgate: Volkswagen CEO Winterkorn quits over scandal
Volkswagen CEO Martin Winterkorn resigned on Wednesday, taking responsibility for the German carmaker’s rigging of US emissions tests in the biggest scandal in its 78-year history. “Volkswagen needs a fresh start — also in terms of personnel. I am clearing
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