Volkswagen

Audi offices raided as cloud of Volkswagen emissions scandal spreads

German prosecutors launched raids Wednesday on offices and homes linked to luxury carmaker Audi, as well as the headquarters of its parent company Volkswagen, amid suspicion of fraud related to the emissions scandal that has engulfed the VW group.

VW delivers guilty plea in US court for emissions cheating

A Volkswagen executive entered a guilty plea on behalf of the German carmaker Friday in a US court, formalizing the company's admission of cheating on diesel emissions.

Merkel testifies that she first heard of VW scandal from the media

Chancellor Angela Merkel told a parliamentary committee on Wednesday that she first learned of the emissions scandal that has engulfed German carmaker Volkswagen from media reports when the affair broke in September 2015.

Fired Audi engineer says he was 'sacrificed' for emissions scandal

A fired Audi engineer was "sacrificed" amid the ongoing VW group diesel emissions scandal, his lawyer claimed in court on Tuesday as he contested his client's dismissal.

Bosch to pay 375.5 million dollars to settle US emissions claims

German auto parts maker Bosch said on Wednesday it is to pay more than 327.5 million dollars to compensate US owners of Volkswagen cars fitted with equipment aimed at cheating on emissions tests.

Volkswagen beats Toyota in 2016 global car sales

German carmaker Volkswagen sold more vehicles globally than Japanese rival Toyota Motor in 2016, taking the crown as the world's largest carmaker for the first time, results showed on Monday.

VW recalls almost 600,000 cars in US; mostly Audis affected

German carmaker Volkswagen is recalling almost 600,000 cars in the United States, with the action mainly affecting Audi models, a spokesman for the subsidiary told dpa on Sunday.

Prosecutors widen VW probe into ex-chief Winterkorn

German prosecutors widened their probe into the Volkswagen emissions scandal on Friday, alleging that former VW chief Martin Winterkorn may have known more about the company cheating on pollution tests than he has previously admitted.

Trump's warning to German carmakers hits shares

Shares in German carmakers tumbled on Monday after incoming US president Donald Trump threatened the industry with hefty penalties for selling cars in the US market that were produced elsewhere.

Report: Ex-Volkswagen head knew about scandal two months before

Former Volkswagen chief executive Martin Winterkorn knew about the company's emissions scandal two months earlier than previously stated, the Bild am Sonntag newspaper reported on Sunday.

VW admits guilt in emissions scandal as US indicts six

Volkswagen will admit guilt and pay 4.3 billion dollars in criminal and civil settlements to the US government over the German carmaker's cheating on diesel emissions, US Attorney General Loretta Lynch said Wednesday.

VW near 4.3-billion-dollar US settlement over emissions cheating

Volkswagen said Tuesday it was close to reaching a settlement of about 4.3 billion dollars with the US Department of Justice in the German carmaker's diesel emissions cheating case.

Volkswagen likely topped Toyota as world's leading carmaker in 2016

Volkswagen AG appears to have become the world's biggest carmaker last year with global sales of more than 10.3 million vehicles, up 3.8 per cent from 2015, according to data issued Tuesday by the German company.

VW executive arrested in US over emissions scandal

A Volkswagen executive was due Monday in federal court to face conspiracy charges over the German carmaker's emissions-cheating scandal.

Volkswagen reaches deal over emissions cheating in larger engines

Volkswagen has reached a settlement with US government authorities after months of negotiations over larger diesel engines involved in the company's emissions cheating scandal, the California judge overseeing the case said Tuesday.

Germany breached emissions law in VW scandal, EU Commission says

The European Commission said Thursday that Germany broke EU auto emissions law with its handling of the Volkswagen emissions scandal.

VW to cut 23,000 jobs in Germany, 30,000 in total worldwide

German carmaker Volkswagen is to cut 30,000 jobs worldwide by 2025, of which 23,000 cuts will occur in Germany, the company announced Friday at meeting in its headquarters in the western German town of Wolfsburg.

US judge: "Substantial" progress towards VW 3-litre settlement

The US judge in the Volkswagen emissions test scandal said Thursday that the company had made progress in addressing remaining legal challenges involving its three-litre diesel engine vehicles.

Final decision on VW settlement expected within week

Volkswagen seems well on the way to get final approval on a proposed settlement in the emissions test scandal, but the judge in the case said at a court hearing on Tuesday it could take up to another seven days before his definite order.

AD Plastik wins EUR 2.5 mln deal with Volkswagen

The Solin-based factory AD Plastik has reported having agreed cooperation with Volkswagen (VW), for which it will be making handles for four VW car makes, to be delivered to factories in Germany and Mexico.

VW faces compensation claims from 1,400 German investors, court says

Volkswagen faces demands for compensation totalling 8.2 billion euros (9.1 billion dollars) from about 1,400 investors as a result of the emissions testing scandal that has engulfed Europe's largest carmaker since last year, a German court said Wednesday.

VW engineer pleads guilty, cooperates in US emissions probe

A Volkswagen engineer admitted guilt Friday for his role in the carmaker's emissions cheating and is cooperating with prosecutors, the US Justice Department said.

Volkswagen to explore electric car partnership with China's Jianghuai

German automaker Volkswagen, whose biggest market is in China, signed a memorandum of understanding with Jianghuai Automobile Co (JAC) Wednesday to push forward negotiations on joint development of electric vehicles.  

New car sales in Croatia jump by 37% in August

A total of 2,365 new vehicles were sold in Croatia in August 2016, an increase of nearly 37% compared with August 2015, while car sales in the first eight months of 2016 rose by 21.5% compared with the same period of 2015, the Promocija Plus market research agency said on Monday.

Australia sues Volkswagen over diesel emissions claims

Australia's consumer watchdog said Thursday it was suing German carmaker Volkswagen and its local subsidiary for lying to customers about the levels of toxic gases emitted from their cars.

Volkswagen: Supplier dispute settled, car production to resume

German carmaker Volkswagen has ended a dispute with two external suppliers, meaning that production at several plants in the country can resume, a company spokesman said Tuesday.

VW trades blame with suppliers in row affecting almost 28,000 workers

A dispute between Volkswagen and two of its parts suppliers has ground the carmaker's production of flagship brands to a halt, affecting the working hours of almost 28,000 employees, according to a statement released Monday.

VW wins court backing in battle with parts suppliers

German carmaker Volkswagen threatened legal action against two suppliers on Friday, after a dispute with them forced the company to halt production of its flagship VW brands.

US prosecutors expand accusations against Bosch in VW scandal

US prosecutors have expanded their accusations against German parts supplier Bosch in the emissions scandal that has shaken up Volkswagen over the last year.

Volkswagen to recall 460,000 additional cars with cheating software

German transport authorities will allow Volkswagen to retrofit an additional 460,000 vehicles affected by the carmaker's diesel emissions scandal, the company announced Sunday in Wolfsburg.

Merkel appeals to business leaders in job hunt for Germany's migrants

Chancellor Angela Merkel has invited the leaders of Germany's biggest companies, including Siemens and Volkswagen, to discuss ways to integrate migrants into the world of work, popular German tabloid Bild reported Saturday.

Volkswagen fined 5 million euros in Italy over Dieselgate scandal

German carmaker Volkswagen has been fined 5 million euros (5.5 million dollars) by the Italian government in the so-called Dieselgate scandal, Italy's antitrust regulator said Monday.

South Korea stops sale of 80 Volkswagen models

The South Korean government on Tuesday stopped the sale of 80 different models of vehicles manufactured by German carmaker Volkswagen in connection with the emissions scandal.

VW steals global sales top spot from Toyota despite emission scandal

Troubled German carmaker Volkswagen surpassed Toyota Motor in global sales in the first half of 2016, despite an emission cheating scandal that had threatened to engulf VW, sales results showed Thursday.

VW shares surge after jump in sales and positive US signal

Volkswagen shares surged on Wednesday after the German carmaker posted a strong rise in June sales and a judge gave preliminary approval to a deal aimed at ending part of the company's US legal woes as a result of its emissions testing scandal.

US court gives initial nod to VW's 14.7-billion-dollar emissions deal

A US federal district court judge Tuesday gave preliminary approval to a multi-billion-dollar offer from Volkswagen to settle some of its legal woes in the wake of its diesel emissions cheating affair.

US court to rule on Volkswagen's 14.7-billion-dollar emissions deal

A US federal district court judge will decide on Tuesday whether a billion-dollar settlement offer from Volkswagen is enough to end some of the German carmaker's US legal woes in the wake of its emissions cheating affair.

Three US states sue VW for emissions test cheating

Three US states announced lawsuits Tuesday against Volkswagen stemming from the German carmaker's emissions scandal.

South Korea to ban Volkswagen vehicles suspected of falsified reports

South Korea is to ban the sale of Volkswagen models suspected of passing the local approval process with falsified reports and will also revoke certifications, a media report said Monday.

VW chief: US-style penalties in Germany would overwhelm the company

Volkswagen chief executive Matthias Mueller warned about drastic consequences for the car manufacturer if penalties on the company in the US over its emissions scandal are also enforced in Germany, the Sunday issue of German daily Die Welt said.

Germany probes alleged market manipulation by former Volkswagen CEO

German prosecutors say they have launched a formal probe into alleged market manipulation by Martin Winterkorn, the former chief executive at Volkswagen, in relation to the diesel emissions scandal.

Volkswagen wants to increase profit margin to 8 per cent by 2025

German carmaker Volkswagen wants to increase its profit margin to "between 7 and 8 per cent" by 2025, according to chief executive Matthias Mueller.

Scandal-hit VW posts bigger-than-forecast first-quarter loss

Troubled German carmaker Volkswagen reported a bigger-than-forecast drop in first-quarter profit on Tuesday, with the company's chief warning of a tough year ahead as sales slumped in the wake of the emissions-rigging scandal that has rocked the group.

Court: Number of investor lawsuits against Volkswagen reaches 114

The number of Volkswagen investors suing the carmaker for damages in relation to its emissions scandal has risen to 114, the German court responsible for such claims said on Wednesday.

Norway's sovereign wealth fund to sue VW over emissions scandal

One of the world's largest sovereign wealth funds on Monday said it was considering a lawsuit against German car giant Volkswagen over the emissions scandal related to its diesel cars.

Nearly 5,000 new cars sold in April

The most popular models were the Volkswagen Golf, with 776 vehicles sold in the four months of 2016, followed by the Skoda Octavia (677), Opel Astra (642), Ford Focus (621) and Suzuki Vitara (490).

VW sees lower US sales in April, while Audi is looking up

Embattled German car maker Volkswagen saw a drop in April US sales of 9.7 per cent compared to the same month last year, the company reported Tuesday.

Scandal-hit VW seeks to rebuild trust with apology to Obama

Volkswagen chief executive Matthias Mueller said Thursday he had apologized to US President Barack Obama for his company's emissions-rigging scandal, as the embattled German carmaker tries to rebuild trust after the turmoil that has engulfed the group.

VW head apologizes for delays in diesel recalls in Germany

Volkswagen's chief executive apologized on Thursday for delays in fixing vehicles in Germany equipped with software aimed at cheating on exhaust tests, underlining the hurdles facing the carmaker in its battle to overcome the emissions scandal.

VW chief apologizes to Obama for emissions scandal

Volkswagen chief executive Matthias Mueller says he apologized to US President Barack Obama for his company's emissions-rigging scandal.

VW overtakes Toyota to become world's top carmaker - in Q1

VW said earlier this month that first-quarter sales climbed 0.8 per cent to 2.51 million vehicles thanks to a 6.4-per-cent gain in sales in China and a 3.3-per-cent increase in Western Europe

Obama and Merkel to avoid VW stand at Hanover trade fair

Barack Obama and German Chancellor Angela Merkel were to avoid the Volkswagen stand in Hanover, dpa learned ahead of the US president's visit to the world's largest industrial trade fair on Sunday.

Volkswagen plunges into the red as emissions costs mount

Volkswagen has plunged into its first loss in more than 20 years as the embattled German carmaker began to count the costs of the exhaust emission crisis that has engulfed the group.

VW sets aside billions to cover scandal costs

Volkswagen has set aside 16.4 billion euros (18.5 billion dollars) to cover costs associated with the company's diesel emissions scandal, sources told dpa Thursday, the same day a settlement was announced to compensate US owners of VW cars built with software designed to cheat US emissions tests.

VW sets aside 16.4 billion euros for emissions scandal, sources say

Volkswagen has set aside 16.4 billion euros (18.5 billion dollars) to cover costs associated with the company's diesel emissions scandal, sources told dpa Thursday.

VW, US reach settlement in emissions case

Volkswagen and US officials reached a compromise on a settlement to compensate US owners of diesel cars that were intentionally built with software designed to cheat US emissions testing.

Volkswagen reportedly reaches settlement in US emissions case

German carmaker Volkswagen has reached a settlement in negotiations to compensate US owners of diesel cars equipped with software designed to cheat emissions testing, German newspaper Welt reported late Wednesday.

VW probe fails to answer key questions in emissions scandal: sources

A seven-month independent probe into the Volkswagen exhaust emissions affair has failed to find those responsible for the scandal that has engulfed the German carmaker, officials close to the matter told dpa on Friday.

Croatia's Q1 new car sales up 12.6%

A total of 9,129 new vehicles were registered in Croatia in the first quarter of 2016, which was 12.6% more than at the same time in 2015, according to figures from the Promocija Plus agency.

South Korea to inspect current VW, Audi cars for emissions-fakery

The South Korean Public Prosecutor's Office in Seoul has widened investigations against German carmaker Volkswagen in relation to the company's emissions scandal, media reported Sunday.

VW loses European market share in February amid emissions scandal

Embattled German carmaker Volkswagen's market share shrunk in February as it struggles to tackle the emissions-testing scandal that has engulfed the group, while data released Wednesday showed sales of its European competitors surging.

Volkswagen dealers slam scandal "mismanagement" after US chief quits

An association of US Volkswagen dealers has slammed the German carmaker's "mismanagement" of a far-reaching emissions scandal, saying its decision to remove Michael Horn as chief executive in the US puts the company "at more risk, not less."

Passenger car sales in Feb up 16%

The sale of new cars in Croatia in February 2016 increased 16.6% from the same month of 2015, to 2,583 cars, and the most popular vehicles were those manufactured by Volkswagen, the market research agency Promocija Plus has said.

Volkswagen: CEO told about emissions scandal one year before it broke

Volkswagen has admitted its chief executive was told about the company's illegal emissions crisis more than a year before its admission to the public.

VW pumps up sausage snack production as car sales slide

Volkswagen increased currywurst production last year, making significantly more portions of Germany's iconic fast-food snack than cars, as automobile sales fell amid an international emissions scandal.

EU seeks power to fine, supervise car sector in wake of VW scandal

The European Union should have the power to fine car manufacturers that violate environmental or safety regulations, the bloc's executive proposed Wednesday, as part of a bid to step up oversight of the automobile sector following the Volkswagen scandal.

Toyota remains world’s top auto seller for fourth straight year

The Japanese group’s sales figure surpassed those of German rival Volkswagen, which sold 9.93 million vehicles in 2015, down 2 per cent from the previous year.

VW begins mass recall of more than 2 million cars in Germany

Authorized VW garages in Germany are facing a logistic nightmare in the coming weeks and months as carmaker Volkswagen prepares for its mass recall of diesel cars fitted with emissions-manipulation software.

US regulators reject VW's diesel recall proposal

Volkswagen's proposed US recall to correct excessive nitrogen emissions from its 2-litre diesel cars is inadequate, US environmental regulators said Tuesday.

Sweden opens Volkswagen emissions probe

Swedish prosecutors said Tuesday a prelimiary probe has been launched into German car maker Volkswagen over manipulating diesel emission tests.

Report: VW develops tech fix for rigged diesel cars to appease US

Volkswagen chief Matthias Mueller is expected to present a technical solution for diesel engines fitted with data-manipulating software in an attempt to appease US environmental authorities, a German newspaper reported on Sunday.

New car sales in Croatia in 2015 up 5.1%

A total of 2,108 vehicles were sold in December 2015 alone, which was an increase of 21.6 per cent compared with December 2014.

US slaps Volkswagen with civil lawsuit over emissions scandal

The US Justice Department on Monday filed an environmental lawsuit against Volkswagen over the automaker's cheating on emissions standards in diesel vehicles.

Volkswagen emissions scandal timeline

The fallout from Volkswagen's emissions-cheating software scandal has affected millions of vehicles worldwide and cost the company billions in revenue and costs related to ensuing investigations. A chronology of the scandal to date: