Advertisements



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

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 Set to Plead Guilty and to Pay U.S. $4.3 Billion in Deal

The agreement, which would settle a federal criminal investigation into the carmaker’s cheating on vehicle emissions tests, could be put to a company vote on Wednesday......»»

Category: dealsSource: nytJan 10th, 2017

VW to Plead Guilty in U.S. Emissions Case

German auto giant Volkswagen on Tuesday confirmed that it is in advance talks with U.S. authorities to plead guilty to criminal wrongdoing and pay $4.3 billion in financial penalties to resolve the emissions-cheating case against it......»»

Category: topSource: wsjJan 10th, 2017

Volkswagen to shed 30000 jobs to cut costs after emissions-cheating scandal - Los Angeles Times

Los Angeles TimesVolkswagen to shed 30000 jobs to cut costs after emissions-cheating scandalLos Angeles TimesVolkswagen announced plans Friday to cut 30,000 jobs in a wide-ranging restructuring of its namesake brand as it tries to recover from a scandal o.....»»

Category: topSource: googlenewsNov 18th, 2016

Volkswagen to shed 30,000 jobs to cut costs after emissions-cheating scandal

Volkswagen announced plans Friday to cut 30,000 jobs in a wide-ranging restructuring of its namesake brand as it tries to recover from a scandal over cars rigged to cheat on diesel emissions tests.  The German company said the job cuts are part of a long.....»»

Category: topSource: latimesNov 18th, 2016

Florida Man Pleads Guilty to Hacking, Spamming Scheme

The defendant allegedly generated $1.3 million by hijacking email accounts. A Florida man pleaded guilty on Thursday to charges stemming from his role in wide-ranging hacking scheme that generated $1.3 million through the hijacking of customer email a.....»»

Category: europeSource: fortuneOct 28th, 2016

Volkswagen Won't Sell Any Diesel Cars In The US For 2016 And 2017 Or Maybe Ever Again - Jalopnik

JalopnikVolkswagen Won't Sell Any Diesel Cars In The US For 2016 And 2017 Or Maybe Ever AgainJalopnikThe ramifications of Volkswagen's diesel cheating scandal have been wide-ranging. On Friday, three months after a $14.7 billion settlement with U......»»

Category: topSource: googlenewsOct 1st, 2016

VW engineer from California pleads guilty to conspiracy in emissions scandal

A longtime Volkswagen engineer from Southern California pleaded guilty in federal court to charges he helped design and implement a software system that enabled the German automaker’s diesel engines to defeat emissions tests. The plea is the first from.....»»

Category: topSource: latimesSep 9th, 2016

Volkswagen engineer pleads guilty to criminal charges

Volkswagen engineer pleads guilty to criminal charges in diesel cheating case, faces five years in prison......»»

Category: marketsSource: cnnSep 9th, 2016

VW engineer pleads guilty to criminal charges

Volkswagen engineer pleads guilty to criminal charges in diesel cheating case, faces five years in prison......»»

Category: topSource: cnnSep 9th, 2016

VW Engineer Pleads Guilty in Emissions-Cheating Scandal

A Volkswagen engineer pleaded guilty on Friday to participating in the company’s efforts to cheat on diesel emissions tests, becoming the first person convicted in the U.S. in the scandal......»»

Category: smallbizSource: wsjSep 9th, 2016

VW Engineer Pleads Guilty in Emissions-Cheating Scandal - Wall Street Journal

Wall Street JournalVW Engineer Pleads Guilty in Emissions-Cheating ScandalWall Street JournalA Volkswagen AG VLKAY -1.31 % engineer pleaded guilty to participating in the auto maker's efforts to cheat on emissions tests, becoming the first person crim.....»»

Category: topSource: googlenewsSep 9th, 2016

Volkswagen engineer pleads guilty to charges

Volkswagen engineer pleads guilty to criminal charges in diesel cheating case, faces five years in prison......»»

Category: europeSource: cnnSep 9th, 2016

Volkswagen engineer from Southern California pleads guilty in U.S. in emissions scandal

A longtime Volkswagen engineer has pleaded guilty to one count of conspiracy in a U.S. court for his role in the German automaker’s global emissions cheating scandal. James Robert Liang, 62, a Newbury Park, Calif. resident, entered his plea Friday. As p.....»»

Category: topSource: latimesSep 9th, 2016