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Germany probing Mitsubishi Motors for possible emissions cheating, NY Times says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 22nd, 2020

Daimler warns 2019 profits to halve as problems deepen

German luxury carmaker Daimler issued the latest in a procession of profit warnings on Wednesday, hit by costs related to the industry's diesel emissions scandal, heavy investment in electric vehicles and production problems......»»

Category: topSource: reutersJan 22nd, 2020

Polish watchdog fines Volkswagen over "dieselgate" scandal

Poland's consumer watchdog UOKiK said on Wednesday it was fining Volkswagen more than 120 million zlotys ($31.6 million) for misleading customers about the emissions of its vehicles......»»

Category: topSource: reutersJan 15th, 2020

Malaysia anti-graft body says audio clips show Najib tried to cover-up 1MDB scandal

Malaysia’s former prime minister, Najib Razak, allegedly sought help from the United Arab Emirates' crown prince to fake evidence to cover up for the 1MDB scandal, according to audio clips revealed by Malaysian anti-graft officials on Wednesday......»»

Category: topSource: reutersJan 8th, 2020

Key Words: Merkel says she’s using all her strength to help coal-heavy Germany do its part to get climate change under control

Chancellor Angela Merkel says she’s using all her strength to help Germany achieve its goal of reducing carbon emissions by 55% of 1990s levels by 2030......»»

Category: topSource: marketwatchDec 31st, 2019

Study: Obesity Worsens Carbon Emissions

Study: Obesity Worsens Carbon Emissions Authored by Irina Slav via OilPrice.com, The growing human population and an increasing average body size is interfering with atte.....»»

Category: blogSource: zerohedgeDec 21st, 2019

Volkswagen takes one-two punch in Australia with fine, lawsuit

Volkswagen AG took two raps in Australia on Friday as a court slapped a A$125 million ($86 million) fine on the German car maker as part of a global emissions cheating scandal and a regulator launched a civil lawsuit against a unit......»»

Category: topSource: reutersDec 20th, 2019

Volkswagen takes one-two punch in Australia with fine, regulatory proceedings

Volkswagen AG took two raps in Australia on Friday as a federal court upheld a fine on the German car maker as part of a global diesel emissions cheating scandal and a regulator started penalty proceedings against one of its financial units......»»

Category: topSource: reutersDec 20th, 2019

Volkswagen headquarters raided again over diesel scandal

German public prosecutors raided the Wolfsburg headquarters of Volkswagen on Tuesday in the latest investigation into the carmaker's diesel emissions scandal......»»

Category: topSource: reutersDec 3rd, 2019

L.A. Auto Show: VW America"s chief has a plan to move past the emissions scandal

Volkswagen of America CEO Scott Keogh wants to regain your trust. Volkswagen of America CEO Scott Keogh wants to regain your trust......»»

Category: topSource: latimesNov 27th, 2019

The good, the bad and the bottom line: Balancing productivity and behavioral incentives

For Lamar Pierce, the subprime mortgage crisis and the Volkswagen emissions scandal are quintessential examples of how poor productivity incentives can drive misbehavior—the sort of misbehavior that crosses ethical lines and hurts people. Homebuy.....»»

Category: topSource: bizjournalsNov 18th, 2019

Germany to hike electric car subsidies as VW launches car

Germany plans to increase by half the grants available to buyers of electric cars over the five years from 2020, according to a government document seen by Reuters, the latest in a series of measures to speed the adoption of low-emissions vehicles......»»

Category: topSource: reutersNov 4th, 2019

Volkswagen gets more time from U.S., auditor to comply with diesel settlement terms

Volkswagen will get 90 more days to test its compliance programs required under a criminal plea agreement with the U.S. government after an emissions cheating scandal, the German carmaker said on Thursday......»»

Category: topSource: reutersOct 17th, 2019

Florida to use VW money for cleaner buses

New public-transit and school buses that run on electricity and alternative fuels would get much of Florida’s share of a federal payout from a Volkswagen emissions scandal, under a plan rolled out Tuesday by the state. The Florida Department of.....»»

Category: topSource: bizjournalsOct 9th, 2019

Dow Jones Newswires: Clorox will attach environmental, animal-testing goals to executive compensation

Clorox Co. has set new goals to cut plastic in its products, lower emissions and avoid animal testing, which it says will be tied to the compensation of the company’s chairman and chief executive......»»

Category: topSource: marketwatchOct 2nd, 2019

VW rejects call to settle German class action

Volkswagen has rejected a German judge's call to settle a customer class action lawsuit over its rigging of diesel emissions tests. As David Pollard reports, the court hearing on Monday kicked off the first trial of its kind in Germany.....»»

Category: videoSource: reutersSep 30th, 2019

VW board, workers support top managers despite indictment

Volkswagen's supervisory board and workers on Wednesday gave their backing to the carmaker's top managers a day after German prosecutors pressed charges related to the diesel emissions scandal......»»

Category: topSource: reutersSep 25th, 2019

Volkswagen CEO, chairman will stay in office despite charges: supervisory board

Volkswagen's chief executive and chairman will stay in office, the company's supervisory board said in a statement on Wednesday, a day after German prosecutors pressed charges against them for their role in a diesel emissions scandal......»»

Category: topSource: reutersSep 25th, 2019

Fiat Chrysler manager charged in US diesel emissions case

A senior manager at Fiat Chrysler has been charged with misleading US environmental regulators in the scandal over the automaker's use of "defeat devices" to evade emissions tests, the US Justice Department announced Tuesday. .....»»

Category: topSource: moneycentralSep 25th, 2019

FCA manager charged with lying about emissions even after VW scandal

A grand jury in.....»»

Category: topSource: reutersSep 24th, 2019