SEC Charges Volkswagen with Defrauding Investors
The SEC has reportedly charged Volkswagen and the company’s former CEO with defrauding their investors.
The SEC has reportedly charged Volkswagen and the company’s former CEO with defrauding their investors.
Volkswagen’s supervisory board is considering steps to prop up the carmaker’s credit rating amid a scandal over its rigging of emissions tests that affects 11 million of its vehicles, two sources close to the board said. The board is considering
While Pope Francis shuttled around during his historic visit to the U.S. in a Fiat, he shared the news cycle with Volkswagen.
A California-based non-profit, the International Council on Clean Transportation (ICCT), is being credited for busting Volkswagen for installing special software on vehicles to cheat diesel emissions tests.
BERLIN, Germany – The Volkswagen emissions scandal has rocked Germany’s business and political establishment and analysts warn the crisis at the car maker could develop into the biggest threat to Europe’s largest economy. Volkswagen is the biggest of Germany’s car
Amid a criminal investigation, lawsuits, plummeting stock prices and a bleak outlook moving forward, Volkswagen executives partied big with Lenny Kravitz in New York City this week.
Volkswagen CEO Martin Winterkorn resigned on Wednesday, taking responsibility for the German carmaker’s rigging of U.S. emissions tests in the biggest scandal in its 78-year history. “Volkswagen needs a fresh start – also in terms of personnel. I am clearing
Martin Winterkorn’s days as head of Volkswagen AG appeared numbered on Tuesday after the German carmaker said a scandal over falsified vehicle emission tests in the United States could affect 11 million of its cars worldwide. The Tagesspiegel newspaper, citing