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Volkswagen pleaded guilty to three felonies: conspiracy, obstruction of justice and introducing imported merchandise into the United States by means of false statements

Volkswagen Group pleaded guilty Friday in U.S. District Court here to three felonies under a plea agreement: conspiracy, obstruction of justice and introducing imported merchandise into the United States by means of false statements. VW’s legal peril with the U.S. government may be over, but its buybacks continue, as does civil ligation in the U.S.

By |2018-11-30T15:57:13+00:00March 11th, 2017|Categories: US, Volkswagen, World|Tags: , , , |0 Comments

Volkswagen paid $2.9 billion for buying 487,000 polluting 2.0-liter vehicles

According to the court documentation that have become public, Volkswagen AG has paid $2.9 billion for buying back almost 138,000 U.S. diesel vehicles up to February 18th. Al this under the settlement for emission violations, disclosed in 2015. Unofficial sources said that Automaker from Germany is purchasing back or closing the lease contract for about

By |2017-03-02T11:16:29+00:00March 1st, 2017|Categories: US, Volkswagen, World|Tags: , , |0 Comments

Martin Winterkorn repeating he didn’t know about the pollution cheating in his VW group

Former Volkswagen Group CEO Martin Winterkorn claimed once again that he didn’t know anything about the pollution cheating scandal, this time in front of the members of the German parliamentary committee. He said that he was not informed about that until late August 2015, and later in early September when cheating was formally reported to

By |2018-11-30T15:57:23+00:00January 19th, 2017|Categories: Volkswagen|Tags: , , , |0 Comments