Volkswagen
Volkswagen agrees to $4.3 bn fine, harsher regulation to settle US charges
12 Jan 2017
The German carmaker also agreed to sweeping reforms, new audits and oversight by an independent monitor for the resolution of charges of installation of secret software in vehicles to allow them to emit up to 40 times legally allowable pollution
Volkswagen to cut 30,000 jobs to save $3.9 bn
18 Nov 2016
Apart from the emission scandal, the company has struggled with profit margins well below those of its rivals, weighed down by onerous labour contracts and a complex corporate structure
Audi cars can distort emissions in tests: VW
14 Nov 2016
Volkswagen to pay $14.7 bn in US emission-cheating case
26 Oct 2016
Together with the $1.2 billion for US franchise dealers and $603 million to California and 43 other states committed by VW, the total liabilities in the US will be around $16.6 billion.
