Volkswagen to pay $86 mln in penalties to California over emissions

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Báo Tuổi Trẻ English 3 week(s) ago

Volkswagen to pay $86 mln in penalties to California over emissions

LOS ANGELES, July 7 - Volkswagen AG will pay an additional $86 million in penalties to California over its emissions scandal, on top of a settlement of $14.7 billion the automaker reached with U.S. officials last week, state Attorney General Kamala Harris said in a statement on Thursday.

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German investors choosing Danang

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Báo Đầu Tư English 3 week(s) ago

German investors choosing Danang

German ASEAN Power and Marquardt Group are planning to develop costly projects in the central city of Danang to tap into the local improved business climate.

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German group invests $50 million in Danang component factory

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Báo Đầu Tư English 1 month(s) ago

German group invests $50 million in Danang component factory

Germany’s Marquardt Group plans to develop an automotive component production factory with the initial investment capital between $35 and $50 million in the central province of Danang.

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Auto dealers unfazed by recalls

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VietStock FI English 1 month(s) ago

Auto dealers unfazed by recalls

Local authorised dealers of two major automobile brands said yesterday that newly announced recalls of millions of vehicles by their manufacturers would not have any significant effect on the local market.

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Lynch: Important to look at individuals in VW scandal

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Báo Thanh Niên English 1 month(s) ago

U.S. Attorney General Loretta Lynch says it is important for the Justice Department to look at individuals in the ongoing criminal investigation into the Volkswagen emissions scandal.

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South Korea issues arrest warrant for VW executive in emissions probe

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Báo Thanh Niên English 1 month(s) ago

South Korea issues arrest warrant for VW executive in emissions probe

A South Korean court on Friday issued the first warrant for the arrest of a Volkswagen AG executive in connection with its cheating of vehicle emissions tests, in another blow to the German automaker's efforts to move on from the scandal.

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More Korean Consumers to Sue Volkswagen

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SaiGon GP English 1 month(s) ago

More Korean Consumers to Sue Volkswagen

Lawyers are planning to bring together dozens of owners of Volkswagen Golf gasoline models that were equipped with emissions cheating software so they can file a class-action lawsuit against Volkswagen headquarters in Germany, sources from Chosun Newspaper said yesterday.

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Ogier wins opening Sardinia superstage

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Báo Đầu Tư English 1 month(s) ago

Ogier wins opening Sardinia superstage

Triple world champion Sebastien Ogier seized the early lead at the Rally of Sardinia on Thursday as the Volkswagen driver won the opening super special at Alghero.

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Volkswagen, Toyota buy into ridesharing

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Báo Đầu Tư English 2 month(s) ago

Volkswagen, Toyota buy into ridesharing

Toyota and Volkswagen announced separate partnerships on Tuesday with rideshare companies Uber and Gett, in the latest such moves by major car manufacturers.

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Norway's wealth fund to sue Volkswagen over emissions scandal

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Báo Thanh Niên English 2 month(s) ago

Norway's wealth fund to sue Volkswagen over emissions scandal

Norway's sovereign wealth fund, the world's largest, said on Sunday it plans to join the class-action lawsuits filed against Volkswagen AG over the German automaker's emissions scandal.

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Norway sovereign wealth fund to sue Volkswagen

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Báo Đầu Tư English 2 month(s) ago

Norway sovereign wealth fund to sue Volkswagen

Norway's sovereign wealth fund, the world's largest, is to sue German carmaker Volkswagen over an emissions-cheating scandal that caused it huge losses, the Financial Times reported on Sunday.

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CAIF hopes to put a dent in used auto market

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VietStock FI English 3 month(s) ago

The independent industry body representing Cambodia’s authorised automobile distributors launched a consumer awareness campaign yesterday aimed at informing the public of the risks of purchasing second-hand cars on the local grey market, which it said reduces government tax revenue while flooding the streets with predominately American imports that void dealership warranty and service guarantees.

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German automakers to recall 630,000 cars over emissions irregularities

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Báo Đầu Tư English 3 month(s) ago

German automakers to recall 630,000 cars over emissions irregularities

Around 630,000 Audi, Mercedes, Opel, Porsche and Volkswagen cars are to be recalled in Europe owing to irregularities in their emissions values, a German government source told AFP on Friday.

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Volkswagen sued for $3.7 billion in Germany over diesel scandal

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Báo Thanh Niên English 4 month(s) ago

Volkswagen sued for $3.7 billion in Germany over diesel scandal

Volkswagen AG is being sued for 3.3 billion euros ($3.7 billion) over the cover-up of its polluting diesel engines, its biggest legal challenge in Germany after a wave of lawsuits in the U.S. centered on the scandal.

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Volkswagen's top U.S. executive steps down amid ongoing probe

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Báo Thanh Niên English 5 month(s) ago

Volkswagen's top U.S. executive steps down amid ongoing probe

Volkswagen AG's top U.S. executive is stepping down nearly six months after the German automaker admitted to installing software to allow 580,000 diesel U.S. vehicles to emit excess emissions, the company said on Wednesday.

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