matthias
VW says U.S. ‘Dieselgate’ settlement not to be replicated in Europe
July 4, 2016 by publisher · Leave a Comment
Volkswagen's CEO has rejected calls for the carmaker to compensate customers in Europe over the 'Dieselgate' emissions scandal along the lines of its $15 billion deal in the United States, telling a German newspaper a similar settlement would be inappropriate and unaffordable. Europe's Industry Commissioner Elzbieta Bienkowska last week called on Volkswagen to also compensate European owners of its diesel-powered cars, saying it would be unfair for them to be treated differently from U.S. customers just because of a different legal system. “We have a…
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VW says U.S. ‘Dieselgate’ settlement not to be replicated in Europe
matthias
VW cuts 2016 capital spending plan as cheating scandal widens
November 21, 2015 by admin · Leave a Comment
By Andreas Cremer and David Shepardson WOLFSBURG, Germany/WASHINGTON (Reuters) – Volkswagen AG cut 1 billion euros ($1.1 billion) from its 2016 investment plan on Friday, as its emissions cheating scandal expanded to include tens of thousands more U.S. vehicles. Volkswagen has told U.S. regulators that emissions issues in larger luxury cars and SUVs extend to…
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VW cuts 2016 capital spending plan as cheating scandal widens