Volkswagen has been ordered to pay a $2.8 billion criminal penalty in the United States for cheating on diesel emissions tests. Federal Judge Sean Cox in Detroit followed the deal negotiated by VW and the U.S. Justice Department. The sentence was ordered Friday, six weeks after the German automaker pleaded guilty to conspiracy and obstruction of justice. VW admits that…
Volkswagen says it is in “advanced talks” with United States authorities over a proposed settlement that contains $4.3 billion in criminal and civil fines over its diesel emissions scandal. The draft settlement would require the company to strengthen compliance efforts, including the appointment of an independent monitor. A company statement said Tuesday that under the proposal Volkswagen would agree to…
Volkswagen has reached a tentative deal with its U.S. dealers to compensate them for losses they said they suffered as a result of the company’s emissions cheating scandal, attorneys for the carmaker and dealers told a federal judge Thursday. The value of the settlement with the roughly 650 dealers was not disclosed, although Volkswagen said in a statement later that…
An attorney says Volkswagen believes it can fix some of the diesel vehicles caught up in the carmaker’s cheating emissions scandal without compromising their performance. Lawyer Robert Giuffra told a federal judge Thursday that Volkswagen believes the repair for vehicles with 3-liter engines wouldn’t be complicated and would bring them up to their original standard. U.S. District Judge Charles Breyer…
