WASHINGTON, United States—The US Federal Trade Commission said Wednesday that it had joined an investigation with other government agencies into the Volkswagen emissions-cheating scandal. READ: Volkswagen scandal touches nerve center of German economy “I can confirm that…
DETROIT — Auto industry insiders strongly suspect the emissions cheating scandal at Volkswagen is much wider and reaches higher up the corporate ladder than the company is letting on. Volkswagen’s new CEO, Matthias Mueller, was quoted Wednesday…
Following the successful launch of its Euro 4 gasoline products in June, market leader Petron Corporation announced its diesel products, Turbo Diesel and DieselMax, now meet global Euro 4 fuel standards. With this, Petron marks an industry…
NEW YORK, United States—Volkswagen has lost its “Green Car of the Year” prize for two models that employed technology at the heart of German giant’s pollution-cheating scandal, US prize organizers said Wednesday. Green Car Journal announced it…
BERLIN — A Volkswagen engine factory said Wednesday it has dropped one shift a week and the company’s financial services division imposed a temporary hiring freeze as the world’s largest automaker grapples with an emissions-rigging scandal. The…
FRANKFURT, Germany—Volkswagen on Tuesday revealed a plan to refit millions of vehicles affected by a worldwide pollution-cheating scam, as its new chief vowed to act ruthlessly to overcome the “severest test” in the car giant’s history. …
Matthias Müller (62) has been appointed CEO of Volkswagen AG with immediate effect. This was decided by the Supervisory Board at its meeting in Wolfsburg today (Friday). Müller is currently Chairman of Porsche AG in Stuttgart. He…
BERLIN, Germany—The pollution cheating scandal that has engulfed auto giant Volkswagen touches one of the main nerve centers of the German economy, given the importance of the car sector both politically and economically. READ: Volkswagen admits 11…
Volkswagen CEO Martin Winterkorn has resigned in the wake of the company’s admission that it has cheated on emissions regulations by using special software. The company’s diesel cars can apparently detect when they are being subjected…
DETROIT — Volkswagen AG’s smog-test scandal escalated Tuesday as the company acknowledged putting stealth software in millions of vehicles worldwide. The crisis has already cost VW more than 24 billion euros ($26 billion) in market value. The…
