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Volkswagen2018-11-30T15:53:40+00:00

Volkswagen

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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 [...]

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 [...]

VW need to balance production in North America, to meet the Trumps big tax threats

Volkswagen facing problem after problem in U.S. market. After acceptance to pay more than $23 billion to cover its diesel-cheating scandal, the German car maker is facing the president Donald Trumps proposed border tax in amount of 35%, due to the biggest production on the continent is in Mexico, while [...]

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 [...]

Volkswagen has finished the draft of a criminal and civil settlement worth $4.3 billion

Volkswagen has finished the draft of a criminal and civil settlement worth $4.3 billion with the U.S. Justice Department. However, the management of the European biggest car maker still need to pot the final stamp, and it was expected that to be done today. If the management will accept the [...]

I.D. BUZZ – new electric powered microbus concept from Volkswagen

Volkswagen presented its new electric powered microbus concept I.D. BUZZ at the North American International Auto Show in Detroit this week. The vehicle looks like the modern version of the classic VW microbus, but it actually present major come forwarded model in accordance with the previous BUDD-e electric microbus. Vehicle [...]

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