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Volkswagen expects 4.1 billion euros more in diesel-related costs by 2021
Volkswagen said its diesel cheating scandal has cost it 31.3 billion euros ($34.69 bln) in fines and settlements, and the German carmaker expects costs to rise by another 4.1 billion euros, Chief Financial Officer Frank Witter said on Tuesday......»»
Volkswagen sets aside 5.5 billion euros in contingent liabilities for diesel scandal
Volkswagen said it has set aside 5.5 billion euros ($6.16 billion) in contingent liabilities to cover possible risks arising from a diesel cheating scandal, chief financial officer Frank Witter said on Thursday......»»
After diesel scandal, embattled Volkswagen names new CEO
VW is hoping to move on from the diesel scandal that cost the company $30 billion......»»
Germany threatens Daimler with 3.75 billion euro fine over emissions: Spiegel
BERLIN (Reuters) - German Transport Minister Andreas Scheuer has threatened carmaker Daimler with a fine of 3.75 billion euros ($4.38 billion) over a diesel emissions scandal, Spiegel magazine reported on Friday......»»
Germany threatens Daimler with 3.75 billion euro fine over emissions-Spiegel
BERLIN/FRANKFURT (Reuters) - German Transport Minister Andreas Scheuer has threatened to fine carmaker Daimler 3.75 billion euros ($4.4 billion) over a diesel emissions scandal, Spiegel magazine reported on Friday......»»
Germany fines Volkswagen $1.2 billion for diesel scandal
Prosecutors in Germany have imposed a $1.2 billion fine on Volkswagen over the company's emissions scandal......»»
Germany fines Volkswagen $1.2 billion over diesel scandal
Prosecutors in Germany have imposed a $1.2 billion fine on Volkswagen for rigging diesel engine emissions worldwide......»»
Investor Test Case Against Volkswagen Goes to Court Next Week
Volkswagen could have to pay as much as $11 billion in damages related to its diesel emissions-cheating scandal if a German court sides with investors in a lawsuit that goes to trial next week......»»
VW faces about $10.7 billion investor suit over dieselgate scandal
Volkswagen faces a trial next week as investors seek 9.2 billion euros ($10.7 billion) in compensation arguing that the carmaker should have informed shareholders about a diesel pollution scandal before regulators did in September 2015......»»
VW Fights Investors as Diesel-Scandal Cost Could Top $35 Billion
A legal battle with thousands of investors heats up in the Ge.....»»
Volkswagen investors seek $11 billion damages over dieselgate scandal
Volkswagen went on trial on Monday to face investors seeking 9.2 billion euros ($10.6 billion) in compensation, arguing the carmaker should have informed shareholders earlier about its diesel pollution scandal......»»
VW investors seek $11 billion damages over dieselgate scandal
Investors took Volkswagen to court on Monday to seek 9.2 billion euros ($10.6 billion) in compensation for the hit to the carmaker's share price from its diesel emissions scandal, although the judge said some claims could be time-barred......»»
VW investors seek $11 bln damages over dieselgate scandal
Volkswagen went on trial on Monday to face investors seeking 9.2 billion euros ($10.6 billion) in compensation, arguing the carmaker should have informed shareholders earlier about its diesel pollution scandal. Sonia Legg reports.....»»
$10.4-billion lawsuit over diesel emissions scandal opens against Volkswagen
The California Public Employees’ Retirement.....»»
VW says diesel scandal cleanup to cost 2 billion euro in 2019: paper
Volkswagen's cleanup of a diesel cheating scandal will cost it 5.5 billion euros ($6.25 bln) in 2018 and around 2 billion euros in 2019, Chief Financial Officer Frank Witter told German weekly Boersen-Zeitung......»»
VW seeks damages from ex-managers for emissions scandal: report
Volkswagen is seeking damages from former managers, who were dismissed for their roles in the diesel emissions scandal that has cost the German automaker as much as $30 billion, the Handelsblatt newspaper reported on Thursday......»»
Caterpillar sales rise as dealers boost inventory levels
Caterpillar’s sales rose in the first quarter as market conditions for the Deerfield-based machinery company begin to improve. Revenue climbed to $11.89 billion, easily beating the.....»»
Andrew Cuomo has a new scandal, and it"s the "structural safety" of a bridge named after his father
Snapping bolts have raised concerns over whether the $3.9 billion span - which replaced the Tappan Zee Bridge in 2017 - could collapse. New York Gov. Andrew Cuomo touted the Mario Cuomo B.....»»
Car dealers nationwide poised to adopt protocols
New York hospitals will get $5 billion from the U.S. Department of Health and Human Services as part of a $12 billion plan to distribute money to Covid-19 hot spots. The funding will be distributed... To view the full story, click the title link......»»
Volkswagen reaches $900 million deal with consumers over diesel scandal
Volkswagen and a major German consumer group said on Friday that they had reached an 830 million euro ($902.04 million) agreement in a class action lawsuit over the carmaker's rigging of diesel emissions tests......»»