- VW cheating scandal threatens BMW as probe widens – Automotive News: The diesel-cheating affair that toppled Volkswagen’s CEO deepened as Germany announced plans to widen its investigation and the scandal threatened to ensnare rival BMW..
- VW Cheating Scandal Threatens to Ensnare BMW as Probe Widens – Bloomberg: BMW plunged as much as 9.7 percent after a German magazine reported Thursday that a diesel version of the X3 sport utility vehicle emitted as much…
- Daimler says does not use defeat devices – Reuters: A spokesman for Daimler said on Thursday the maker of Mercedes-Benz cars did not use so-called defeat devices employed by Volkswagen and…
- VW customers, dealers seek speedy action on emissions scandal – Reuters: Volkswagen must move quickly to recall and refit car models rigged to pass U.S. emissions tests to limit the..
- Volkswagen Races to Stem Growing Scandal – WSJ: Volkswagen raced to contain the widening scandal threatening Germany’s most important company, ousting CEO Martin Winterkorn and pledging to prosecute those involved in a scheme to cheat U.S. auto-pollution tests.
- German Transport Minister says VW manipulations also happened in Europe – Reuters: German Transport Minister Alexander Dobrindt said on Thursday that emissions manipulations by Volkswagen took place in Europe, not just in the United States.
- Volkswagen to start firings over emissions scandal-sources – Reuters: Volkswagen will start firing people responsible for rigging U.S. emissions tests and shake up management on Friday, two sources familiar with the plans said, as the German carmaker tries to get to grips with the biggest scandal in its 78-year history.
- Japan Transport Ministry Begins Inquiry of Volkswagen Emissions – Bloomberg: The nation’s transport ministry may inspect Volkswagen cars depending on the company’s response, said Mineo Ueki, an official within the policy…
- VW checking whether cars sold in Italy had same cheating mechanism as US models – Reuters: DE) is checking to see whether cars sold in Italy carried the same secret … In a letter to the environment minister, seen by Reuters, the head of…
- After Volkswagen Revelation, Auto Emissions Tests Come Under Global Scrutiny – New York Times: Volkswagen has admitted installing software in 11 million vehicles that was used to provide false results about emissions, though it was not clear if it…
- Volkswagen Scandal Makes BMW Attractive – Seekingalpha: Over the last five days BMW (OTCPK:BAMXY) (OTCPK:BAMXF) has lost ten percent of its market capitalization, US based car companies Ford…
- Volkswagen scandal touches nerve at center of German economy – Japantimes: Germany’s mighty automobile sector includes the world’s biggest and … Europe’s top economy is the fourth-biggest producer of cars in the world, after…
- Board member expects further resignations at Volkswagen – Washington Post: A member of Volkswagen’s supervisory board says he expects further resignations at the German automaker in the wake of the scandal over rigged U.S. emissions tests.
- VW could pose a big threat to German economy – Rte: Volkswagen is the biggest of Germany’s car makers and one of the … Automobiles and car parts are also Germany’s most successful export – the…
- Volkswagen emissions: Automakers’ tobacco moment? – CNBC: No other car manufacturers have been accused of this kind of behavior. … automobile sector for a while as they wonder which company will be next.
- Volkswagen scandal touches nerve center of German economy – Business: On the stock exchange, no other sector is more widely represented on Frankfurt’s blue-chip DAX 30 index, with the three big makers VW, Daimler and…
- Winterkorn’s Fall from Grace Shockingly Quick – Detroit Bureau: In an industry with a penchant for dramatic departures of executives, Martin Winterkorn’s resignation is certainly one of the most spectacular. However, his departure isn’t likely to solve the company’s problems, according to TheDetroitBureau.com.
- Amid scandal, CEO quits a gravely wounded Volkswagen – Bostonglobe: If Volkswagen brought in an outsider, one oft-mentioned is Wolfgang Bernhard, head of the trucks division at Daimler, who earlier in his career was a…
- How Smog Cops Busted Volkswagen and Brought Down Its CEO – Bloomberg: The center, which has studied engine emissions and use of alternative fuels since 1989, was going to evaluate three diesel passenger cars, including…
- Volkswagen Races to Stem Growing Scandal – WSJ: Volkswagen raced to contain the widening scandal threatening Germany’s most important company, ousting CEO Martin Winterkorn and pledging to prosecute those involved in a scheme to cheat U.S. auto-pollution tests.
- Platinum in Pain as Volkswagen Uproar Seen Curbing Diesel Demand – Bloomberg: That would be bad for platinum because 44 percent of the metal’s demand comes from devices that curb harmful gases from cars, particularly diesel…
- Volkswagen’s CEO Has Resigned, But That Doesn’t Solve Its Problems – Forbes: Volkswagen’s CEO, Professor Martin Winterkorn, has done the decent thing and fallen on his sword. This is his resignation announcement, posted on…
- Volkswagen Diesel Emissions: Will CEO’s $32M Pension Be Honored After He Resigned Amid … – Ibtimes: Specifically, Volkwagen admitted this week that 11 million cars it … of pollutants, which is the same amount nearly 19 million cars, reported Bloomberg.
- Volkswagen Woes Spread To Japan Auto – Barrons:
- Martin Winterkorn’s American blues – Dw: Nearly 500,000 diesel cars are affected in the United States. … Doing business with the world’s best-selling automobile might being to look…
- Volkswagen scandal causes anger, uncertainty for owners, car dealers – Denverpost: Only a portion of Volkwagen’s vehicle base is tied up in the mess, said Tim Jackson, president of the Colorado Automobile Dealers Association.
- Volkswagen, the Symbol of Germany Inc. – WSJ: Volkswagen is more a national institution than a corporation. … postwar economic miracle, Volkswagen as a company embodies Germany’s idea of a…
- Dealers, Customers Left in Lurch by Volkswagen Scandal – NBC News: The rolling scandal at Volkswagen – after the automaker rigged emissions tests to allow a diesel engine to pass emissions tests – on Wednesday…
- Winterkorn expected to receive $32 million pension after exit – Automotive News: 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 the supervisory board classifies his exit.
- Mexico reviewing VW’s emissions compliance, will act if needed – Reuters: Mexico is checking to see if Volkswagen has complied with its emissions standards and will act if it finds anomalies, Mexico’s environment minister said on Wednesday.
- Meet the man who uncovered Volkswagen’s lie – CNBC: A 2015 Volkswagen Golf SportWagen TDI compact vehicle, featuring a clean diesel engine, sits outside a dealership in Ottawa, Illinois, on Wednesday…