Volkswagen to Spend Up to $14.7 Billion to Settle Allegations of ...
WEBJun 28, 2016 · Volkswagen will offer consumers a buyback and lease termination for nearly 500,000 model year 2009-2015 2.0 liter diesel vehicles sold or leased in the U.S., and spend up to $10.03 billion to compensate consumers under the program.
Volkswagen AG Agrees to Plead Guilty and Pay $4.3 Billion in …
WEBJan 11, 2017 · Volkswagen AG (VW) has agreed to plead guilty to three criminal felony counts and pay a $2.8 billion criminal penalty as a result of the company’s long-running scheme to sell approximately 590,000 diesel vehicles in the U.S. by using a defeat device to cheat on emissions tests mandated by the Environmental Protection Agency (EPA) and the ...
Attorney General Kamala D. Harris Announces That Volkswagen …
WEBJul 6, 2016 · The partial settlement announced today relates to Volkswagen’s 2.0 and 3.0 liter vehicles that deployed “defeat devices” to deceive regulators and consumers about levels of harmful emissions. An estimated 86,000 2.0 and 3.0 liter vehicles were sold or leased in California between 2009 and 2015.
$14.7 Billion Volkswagen Diesel Settlement Wins Final Approval
WEBOct 25, 2016 · A $14.7 billion settlement with U.S. regulators over VW's diesel-emissions cheating won final approval from U.S. District Court Judge Charles Breyer. The decision paves the way for VW owners to get...
The Volkswagen Settlement: How Bad Management Leads to Big Punishment
WEBJul 1, 2016 · By many critical measures, the Justice Department’s announcement on Tuesday that Volkswagen had agreed to pay $14.7 billion to resolve claims related to its diesel-emissions scandal was...
The state of legal cases in VW's diesel scandal | Reuters
WEBHAMBURG, June 27 (Reuters) - Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine months by a German court on Tuesday for fraud over Volkswagen's 2015 diesel...
Volkswagen to Pay SEC $48.8 Million in Emissions Cheating Suit
WEBMar 18, 2024 · A financial subsidiary of Volkswagen AG agreed to pay $48.8 million to settle claims that it defrauded American investors by installing emissions cheating devices in its vehicles, according to an agreement with the SEC.
Volkswagen prevails against US counties' diesel emissions claims
WEBJun 23, 2023 · A federal judge has ruled in favor of Volkswagen in lawsuits brought against the automaker by two U.S. counties over its diesel emissions cheating scandal.
What the Latest Lawsuits Mean for VW, and Owners
WEBJul 19, 2016 · The punishment for Volkswagen's violation of emissions regulations continued today, with new civil lawsuits filed by attorneys general for the states of New York, Massachusetts, and...
In Final Court Summary, FTC Reports Volkswagen Repaid More …
WEBJul 27, 2020 · The FTC’s final report to the court marks the end of the largest consumer redress program in U.S. history, set up in 2016 and 2017 to compensate purchasers and lessees of more than 550,000 deceptively marketed “clean diesel” VW and Audi cars.