Tag archive for ‘VW’
News Brief On Wednesday, October 26th, 2016

U.S. judge approves $14.7 billion deal in VW diesel scandal

  A U.S. judge on Tuesday approved one of the biggest corporate settlements on record, Volkswagen AG’s $14.7 billion deal arising from its diesel emissions cheating scandal, and the German automaker More...

News Brief On Tuesday, November 3rd, 2015

VW skids as scandal widens

The US Environmental Protection Authority (EPA) said late on Monday that VW used devices to rig air-pollution tests in 3.0-litre V6 diesel engines used mostly in Porsche and Audi models. VW said “no software More...

News Brief On Thursday, September 24th, 2015

Volkswagen CEO Likely to Get $32 Million Pension After Leaving

  Martin Winterkorn, engulfed by a diesel-emissions scandal at Volkswagen AG, amassed a $32 million pension before stepping down Wednesday, and may reap millions more in severance depending on how More...

News Brief On Wednesday, September 23rd, 2015

SCANDAL UPDATE: VW Chief Winterkorn Steps Down After Emissions Scandal – WATCH

VW’s board to consider successors at meeting on Friday Automaker asks prosecutors to open criminal investigation Bloomberg  VW had previous run-in over ‘defeat devices’ – CNBC VW More...

Reuters On Monday, December 8th, 2014

VW to unveil concept crossover intended to boost U.S. sales

– Volkswagen will present a sport-utility concept vehicle in the United States next month, intended to increase its range in the lucrative crossover segment and boost sales in the world’s second-biggest More...

Reuters On Friday, November 21st, 2014

Toyota Lexus to recall some 2006-2011 models due to fuel leak

– Toyota Motor Corp will recall 422, 509 of its luxury brand Lexus vehicles in the United States because of a possible fuel leak that increases the risk of fire, U.S. regulators said on Friday. The More...

Jewish Business News Service On Tuesday, November 4th, 2014

Walmart Leads List of Richest Family Owned Businesses in America

  In addition to being the world’s largest retailer, Walmart is also the world’s biggest family-controlled business, according to figures compiled by the Economist. Walmart’s revenue More...

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