Buybacks of 500,000 cars will continue through 2019.
VW Diesel Scandal
Scandal pits Porsche-Piech families against labor, regional interests
This on top of the $4.3 billion fine in the U.S.
Fiat Chrysler Chief Executive Officer Sergio Marchionne reprimanded the company's top U.S. spokesman for issuing press releases about Fiat's vehicle emissions practices days after Volkswagen's disclosure in September 2015 that the German automaker had used illegal software to evade emissions tests, documents released Monday show.
Audi has discovered emissions-related problems with a further 60,000 cars, it said on Tuesday, dealing a fresh setback to parent Volkswagen more than 2½ years after it first admitted to cheating U.S. diesel exhaust tests.
Volkswagen Chief Executive Herbert Diess traveled to the United States this month to testify to authorities about the carmaker's emissions scandal, German newspaper Bild reported on Tuesday.
Federal prosecutors in Detroit on Thursday unsealed charges against former Volkswagen Chief Executive Martin Winterkorn, accusing him of conspiring to mislead regulators about the German automaker's diesel emissions cheating.
Volkswagen's first-quarter operating profit fell on Thursday, but optimism over its new chief executive, the carmaker's financial health and lower provisions for the diesel emissions scandal lifted its shares.
Porsche has appealed against the seizure of files by prosecutors during a raid last week on the sports car brand's premises related to inquiries into diesel emissions test manipulations, prosecutors said.
Porsche's head of powertrain development has been arrested by German police in the sweeping investigation of diesel emissions violations by parent company Volkswagen Group, sources told German media outlets.
Volkswagen has taken parking lots to a whole new level in the United States and will not be emptying them soon. Volkswagen AG has paid more than $7.4 billion to buy back about 350,000 U.S. diesel vehicles through mid-February, a recent court filing shows. The German automaker has been storing hundreds of thousands of vehicles around the United States for months.
Volkswagen will buy back new diesel cars if German cities ban them, it said on Thursday, seeking to reassure potential buyers and stem a plunge in sales of diesel vehicles.
Lawyers for more than 50,000 British car owners kicked off a lawsuit against Volkswagen in London's High Court on Tuesday in a battle for compensation over a diesel emissions scandal that has engulfed Europe's largest carmaker since 2015.
BMW's headquarters were raided on Tuesday by German prosecutors investigating the suspected use of illegal emissions control software capable of manipulating exhaust levels.
Jetta owner had sought $725,000
It says diesel plaintiff lawyer's "inflammatory" comments could prejudice jury
VW suspends chief lobbyist over monkey diesel tests. CEO apologizes for misconduct of people involved. Calls exhaust tests "unethical and repulsive." Admits VW still has long way to go to regain trust. BERLIN — Volkswagen said on Tuesday it has suspended chief lobbyist Thomas Steg amid steps to clear up the circumstances of lab tests in which monkeys were forced to breathe diesel fumes and similar study that involved humans. The laboratory tests were sponsored by the carmaker. The