Tag - diesels

 
 

DIESELS

Japan Times
BUSINESS
Mar 16, 2016
VW sued for €3.3 billion in Germany over emissions scam; shares dive 2.9%
Volkswagen AG was sued for €3.3 billion ($3.7 billion) over how the company informed markets about devices used to hide pollution in diesel engines, its biggest legal challenge in Germany to date after a wave of lawsuits in the U.S. on the scandal.
Japan Times
BUSINESS
Jan 5, 2016
U.S. sues VW over Clean Air Act violations; liabilities could theoretically top $90 billion
The U.S. Justice Department on Monday filed a civil lawsuit against Volkswagen AG for allegedly violating the Clean Air Act by installing illegal devices to impair emission control systems in nearly 600,000 vehicles.
Japan Times
BUSINESS
Nov 4, 2015
Volkswagen faces new €2 billion hit as 800,000 more cars are tied to emissions woes
Volkswagen AG said an internal probe in the wake of the diesel scandal that has engulfed the company for the past six weeks showed irregularities on an additional 800,000 cars, deepening a crisis that has already cost long-time Chief Executive Officer Martin Winterkorn his job, depressed the stock price and led to ballooning provisions.
Japan Times
COMMENTARY / World
Oct 13, 2015
Corporations lie, and some get away with it
In the midst of so many contexts where we expect people sometimes to lie — sports, entertainment, certainly politics — it is disturbing that the one place to which we run for truth is private corporations.
BUSINESS
Sep 25, 2015
Persistent U.S. probe, real-time driving cut through VW obfuscation to find smoking tailpipe
The revelation that ended Martin Winterkorn's career at Volkswagen AG came on Sept. 3 in a meeting at an office park east of Los Angeles.

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