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+25 +1
How Volkswagen is using tried-and-tested tactics to avoid paying compensation
Fresh from a record US$15 billion settlement, Volkswagen is resisting paying compensation in other countries.
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+47 +1
Volkswagen to take $10.2 billion hit in emissions cheating settlement
Volkswagen has agreed to pay about $10.2 billion to settle claims from its emissions-cheating scandal.
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+24 +1
Volkswagen bets on e-cars, self-driving vehicles
Volkswagen unveiled a plan for the next decade containing culture change, as it strives to compete in an industry moving towards e-cars, self-driving systems and on-demand mobility - all while it deals with Dieselgate.
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+37 +1
Volkswagen just re-released everyone's favourite hippy-van…but now it’s electric.
We can only keep our fingers crossed that it maintains the original aesthetic, unlike previous vehicle concepts. The headline's misleading, but it does look we'll have electric VW vans soon.
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+25 +1
VW and Shell try to block EU push for electric cars
VW and Shell have united to try to block Europe’s push for electric cars and more efficient cars, saying biofuels should be at heart of efforts to green the industry instead. The EU is planning two new fuel efficiency targets for 2025 and 2030 to help meet promises made at the Paris climate summit last December. But executives from the two industrial giants launched a study on Wednesday night proposing greater use of biofuels...
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+20 +1
Emission cheating costs VW $18 billion
Volkswagen's huge emission cheating scandal has already cost the carmaker about 16 billion euros. It's also costing its executives a big chunk of their pay. The company released its full year earnings on Friday, reporting a net loss of 5.5 billion euros ($6.2 billion) in 2015. Volkswagen Group (VLKAF) said it has now set aside 16.2 billion euros ($18.2 billion) to deal with the cost of the scandal. That's more than double what it originally anticipated.
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+18 +1
VW will reportedly pay you $5,000 to settle its emissions scandal
If you were burned by Volkswagen's emissions cheating and don't think that $1,000 in credits and gift cards will cut it, we have good news for you... maybe. Die Welt sources understand that VW has reached a settlement deal with US officials that will have it pay affected diesel car owners $5,000 each to make up for misleading the public on the eco-friendliness of its vehicles. That's on top of what VW will have to pay to fix the cars in question.
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+26 +1
VW, Justice Department reach diesel emissions deal
Volkswagen AG and the Justice Department reached a deal in principle to address excess diesel emissions in nearly 600,000 polluting vehicles that will include buyback offers and a possible fix, a federal judge said Thursday.
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+30 +1
FTC sues Volkswagen over 'deceptive' diesel claims
The Federal Trade Commission on Tuesday accused Volkswagen Group of deceiving American consumers into buying emission-spewing diesel vehicles, seeking more than $15 billion in damages in what could be one of the largest false-advertising cases in U.S. history. The FTC filed a four-count civil complaint against Volkswagen Group in U.S. District Court in California, alleging the company falsely advertised that it was selling new "clean diesel" vehicles that were purchased by about 550,000 buyers.
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+35 +1
Volkswagen to offer generous compensation for U.S. customers
Volkswagen will offer generous compensation packages to the roughly 600,000 U.S. owners of diesel vehicles whose emissions are over the legal limit, the head of its claims fund told a German paper. The German car maker has still not decided whether vehicle owners will be offered cash, car buy-backs, repairs or replacement cars, Kenneth Feinberg told the Frankfurter Allgemeine Sonntagszeitung. Feinberg previously headed...
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+37 +1
"Cure the air, not the cars." - Elon Musk Has Some Thoughts On VW's Punishment
Why fix part of a problem when you could address the underlying issue instead? In an open letter, the group urged California Air Resources Board Chair Mary Nichols to have VW "cure the air, not the cars." Instead of requiring the German automaker to attempt to recall and fix all of the 85,000 diesel vehicles it sold with software designed to cheat emissions tests -- a solution they label "costly," "impractical" and generally inefficient -- Musk and company propose California allocate...
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+30 +1
VW cars can also cheat European emissions tests, BBC learns
A laboratory test carried out for BBC Panorama shows that Volkswagen diesel cars programmed with a "defeat device" can cheat official European pollution tests, as well as tests in the US. The company told the BBC it believes this is the first time the cheating software has been filmed in action. VW has admitted it used the device to rig tighter pollution tests in America. But it's been more ambiguous about whether it used the same tactics to actively cheat official European tests.
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+16 +1
WRC news: Marcus Gronholm tests early version of 2017 VW Polo WRC
Two-time World Rally Champion Marcus Gronholm has tested the first incarnation of Volkswagen's 2017 Polo R WRC. The Polo will form part of the next generation of the world championship, with louder, faster and more extreme cars competing in the series.
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