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Volkswagen Pleads Guilty to 3 Charges, Will Pay $4.3 Billion Penalty for Emissions Cheating and Wide-Ranging Cover-Up

Volkswagen pleads guilty to 3 charges, will pay $4.3 billion penalty for emissions cheating and wide-ranging cover-up.....»»

Category: topSource: abcnewsJan 11th, 2017

VW Pleads Guilty in Emissions Scandal; 6 Employees Indicted

Six high-level Volkswagen employees have been indicted by a grand jury in the company's diesel emissions cheating scandal, as the company admitted wrongdoing and agreed to pay a record $4.3 billion penalty.....»»

Category: topSource: abcnewsJan 11th, 2017

VW Pleads Guilty in U.S. Emissions Cheating Scandal

Volkswagen formally admitted to criminal wrongdoing in its diesel-emissions cheating, agreeing to pay a $4.3 billion penalty. U.S. prosecutors also are pursuing multiple company officials for their involvement in the scheme......»»

Category: smallbizSource: wsjJan 11th, 2017

Former VW Compliance Executive Pleads Guilty in Emissions Case

A former Volkswagen compliance executive pleaded guilty to criminal charges stemming from his role in the German auto maker’s yearslong emissions-cheating deception......»»

Category: smallbizSource: wsjAug 4th, 2017

Volkswagen executive pleads guilty in U.S. emissions cheating case

DETROIT (Reuters) - Volkswagen AG executive Oliver Schmidt pleaded guilty on Friday in U.S. District Court in Detroit in connection with a massive diesel emissions scandal that has cost the German automaker as much as $25 billion......»»

Category: topSource: reutersAug 4th, 2017

Volkswagen Pleads Guilty in U.S. Court to Criminal Diesel Emissions Charges

On Friday, German automaker Volkswagen AG (VLKAY) plead guilty in a United States court to criminal felony charges related to government emissions tests. This is part of a $4.3 billion settlement reached with the Justice D.....»»

Category: topSource: zacksMar 10th, 2017

Volkswagen Pleads Guilty to Criminal Charges in Emissions-Cheating Scandal

Volkswagen AG pleaded .....»»

Category: topSource: foxnewsMar 10th, 2017

Volkswagen Pleads Guilty to Criminal Charges in Emissions Scandal

Six executives and employees were indicted for their roles in the cover-up (WASHINGTON)— Volkswagen is plead.....»»

Category: topSource: timeJan 11th, 2017

VW pleads guilty to 3 felonies and will pay $4.3 billion relating to emissions scandal

APOn Wednesday, Volkswagen announced that it will to plead guilty to three felonies as part of its settlement with the US government stemming from the company's emissions cheating scandal. In addition to the guilty .....»»

Category: topSource: businessinsiderJan 11th, 2017

VW Set to Pay $4.3 Billion to U.S. in Emissions Cheat

Volkswagen, in a historic settlement, is expected as early as Wednesday to agree to plead guilty to criminal wrongdoing and pay a $4.3 billion penalty to resolve a U.S. Justice Department probe of the German auto giant’s diesel-emissions cheating......»»

Category: smallbizSource: wsjJan 10th, 2017

The First VW Exec Pleads Guilty In Dieselgate; More Sure To Follow

Deputy Attorney General Sally Q. Yates at a press conference at the Department of Justice last June announcing Volkswagen agreed to nearly $15 billion in a settlement over emissions cheating on its diesel vehicles. The agency's Detroit Prosecutor took a p.....»»

Category: topSource: forbesSep 9th, 2016

Volkswagen engineer pleads guilty to criminal charges in emissions cheating case

A Volkswagen engineer pleaded guilty to U.S. federal charges for his role in the diesel emission cheating scandal......»»

Category: topSource: cnnSep 9th, 2016

Volkswagen executive pleads guilty in emissions case

Charges stem from his role to rig diesel cars with devices that circumvented federal emissions tests.....»»

Category: topSource: business-standardAug 5th, 2017

VW executive pleads guilty in emissions scandal

A German Volkswagen executive pleaded guilty Friday to conspiracy and fraud charges in Detroit in a sc.....»»

Category: topSource: usatodayAug 4th, 2017

Volkswagen Executive Pleads Guilty in Diesel Emissions Case

The charges against Oliver Schmidt in federal court in Detroit arose from a company scheme to rig cars with devices that circumvented emissions tests......»»

Category: dealsSource: nytAug 4th, 2017

Volkswagen executive pleads guilty in emissions scandal

A German Volkswagen executive pleaded guilty Friday to conspiracy and fraud charges in Detroit in a scheme to cheat emission rules on nearly 600,000 diesel vehicles.Oliver Schmidt is a former........»»

Category: topSource: moneycentralAug 4th, 2017

Volkswagen executive pleads guilty in emissions scandal

A German Volkswagen executive pleaded guilty Friday to conspiracy and fraud charges in Detroit in a scheme to cheat emission rules on nearly 600,000 diesel vehicles.Oliver Schmidt is a former........»»

Category: topSource: moneycentralAug 4th, 2017

Volkswagen executive pleads guilty in U.S. diesel emissions case

DETROIT (Reuters) - Volkswagen AG executive Oliver Schmidt pleaded guilty on Friday in U.S. District Court in Detroit in connection with a massive diesel emissions scandal that has cost the German automaker as much as $25 billion......»»

Category: topSource: reutersAug 4th, 2017

Former VW Executive to Plead Guilty in Emissions-Cheating Case

Former Volkswagen compliance executive Oliver Schmidt agreed to plead guilty in the U.S. to criminal charges stemming from his alleged role in the German auto maker’s yearslong emissions deception......»»

Category: smallbizSource: wsjJul 25th, 2017

Volkswagen Given $2.8 Billion Criminal Penalty For Cheating on Emissions

And three years probation. .....»»

Category: europeSource: fortuneApr 21st, 2017

Volkswagen ordered to pay $2.8B criminal penalty in scandal

Volkswagen has been ordered to pay a $2.8 billion criminal penalty in the United States for cheating on diesel emissions tests.Federal Judge Sean Cox in Detroit followed the deal negotiated........»»

Category: topSource: moneycentralApr 21st, 2017