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VW Emissions-Cheating Deal Could Put Employees In the Hot Seat

Extraditing any executives from Germany would be a problem, however DETROIT (AP) —.....»»

Category: topSource: timeJan 11th, 2017

VW Emissions-Cheating Deal Could Put Employees in Hot Seat

The imminent criminal plea deal between Volkswagen and U.S. prosecutors in an emissions-cheating scandal could be bad news for one group of people: VW employees who had a role in the deceit or subsequent cover-up.....»»

Category: topSource: abcnewsJan 11th, 2017

Record fines for VW, employees indicted in scandal

Six high-level Volkswagen employees have been indicted, and the company has agreed to pay a record $4.3 billion dollar fine in its diesel emissions-cheating scandal. (Jan. 11)   &.....»»

Category: topSource: usatodayJan 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 shares climb on hopes U.S. emissions deal marks turning point

BERLIN (Reuters) - Volkswagen's supervisory board is meeting on Wednesday to approve a draft $4.3 billion settlement with the U.S. Justice Department, marking a milestone in its attempts to recover from its emissions test cheating scandal......»»

Category: topSource: reutersJan 11th, 2017

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

The Latest: Deal for 80,000 cars to cost Volkswagen $1B

The Latest on a deal for the last 80,000 diesel cars in Volkswagen's emissions cheating scandal (all times local): 1:25 p.m......»»

Category: topSource: foxnewsDec 20th, 2016

The Latest: VW reaches deal on last 80,000 polluting cars

Volkswagen has reached a deal with U.S. regulators and attorneys for car owners for the remaining 80,000 diesel vehicles caught in the company's emissions cheating scandal......»»

Category: topSource: foxnewsDec 20th, 2016

Volkswagen, regulators get more time to seek emissions deal

Volkswagen, U.S. regulators and attorneys for vehicle owners have made "substantial progress" on a deal for the remaining 80,000 diesel cars caught in the company's emissions cheating scandal but need more time to negotiate, a federal judge said Friday......»»

Category: topSource: foxnewsDec 16th, 2016

A long road to recovery

THERE are two ways of dealing with a worrying problem in a car engine. One is a complete overhaul; the other is to tinker under the bonnet and hope the trouble goes away. Volkswagen’s efforts to deal with an emissions-cheating scandal that emerged in Se.....»»

Category: topSource: economistNov 10th, 2016

Volkswagen: Car owners signing up in droves for $15B deal

An attorney for Volkswagen says car owners eligible for a buyback or fix under a $15 billion settlement deal over the company's emissions cheating scandal are signing up and submitting claims at a high rate......»»

Category: topSource: moneycentralNov 3rd, 2016

Relief at Last for U.S. Owners of Diesel Volkswagens

A judge has approved a deal for Volkswagen to buy back or fix vehicles affected in the emissions-cheating scandal......»»

Category: worldSource: nytOct 25th, 2016

Texas getting $190 million as judge signs VW emissions fraud deal - Texas Tribune

CBS NewsTexas getting $190 million as judge signs VW emissions fraud dealTexas TribuneTexas will receive more than $190 million for environmental mitigation under a multi-billion dollar settlement in the Volkswagen emissions cheating scandal approved by a.....»»

Category: topSource: googlenewsOct 25th, 2016

France’s Safran to Pay $9 Billion for Aircraft Seat Maker Zodiac

Aerospace industry merger between Safran and Zodiac to create world's third-largest supplier to the industry. Deal is worth about $9.7 billion, including assumption of Zodiac's debt......»»

Category: blogSource: 247wallstJan 19th, 2017

Aviation Deal: Safran to Buy Zodiac in $9 Billion Deal

French aircraft-engine company Safran has agreed to buy aeroplane seat manufacturer Zodiac Aerospace through an agreed public offer in deal worth 8.5 billion euros ($9.1 billion).....»»

Category: topSource: abcnewsJan 19th, 2017

Volkswagen"s Ex-CEO Denies Prior Knowledge of Emissions Cheating

Martin Winterkorn, Volkswagen’s former chief executive, denied having any personal knowledge of the German car maker’s diesel-emissions cheating in his first major public appearance since the scandal broke in September 2015......»»

Category: smallbizSource: wsjJan 19th, 2017

Aviation Deal: Safran to Buy Zodiac in $10 Billion Deal

French aircraft-engine company Safran has agreed to buy aeroplane seat manufacturer Zodiac Aerospace through an agreed public offer in deal worth 9.7 billion euros.....»»

Category: topSource: abcnewsJan 19th, 2017

Safran to buy Zodiac for $10 billion in all-French aero deal

Aircraft-engine maker Safran SA agreed to buy plane-seat supplier Zodiac Aerospace SA for almost 10 billion euros ($10.5 billion) in an all-French deal that will unite two of the country’s biggest aerospace groups......»»

Category: topSource: moneycentralJan 19th, 2017

Ex-VW CEO denies early knowledge of diesel emissions cheating

BERLIN (Reuters) - Former Volkswagen Chief Executive Martin Winterkorn told German lawmakers he did not know about the company's systematic emissions cheating earlier than VW has officially admitted......»»

Category: topSource: reutersJan 19th, 2017

Ex-Volkswagen CEO denies early knowledge of diesel emissions cheating

BERLIN (Reuters) - Former Volkswagen Chief Executive Martin Winterkorn told German lawmakers he did not know about the company's systematic emissions cheating earlier than VW has officially admitted......»»

Category: topSource: reutersJan 19th, 2017

American regulators accuse Fiat Chrysler of emissions cheating

FOR each of the past three years, Fiat Chrysler Automobile’s (FCA) 3 litre V6 turbodiesel has made it to a list of the industry’s top ten e.....»»

Category: topSource: economistJan 16th, 2017